As a contract manufacturer headquartered in Columbus with production facilities across East Asia, I am no stranger to uncertainty in business. At the moment we face new and ever-changing economic tariffs and the unknown short- and long-term effects of the Coronavirus, but in previous years there were financial downturns, supply challenges, cultural differences and more.
Anyone who runs a business has to make decisions in the face of uncertainty, which can be stressful when there are significant revenues on the line.
Over our 20 years in business, I have used several strategies to help navigate the way forward. Success is always a balancing act between market conditions, effort, investment and stamina, but there are proven ways to help guide your path, even if you don’t have a crystal ball.
To read more about Take care of yourself, Connect to other leaders, Remember what matters most, Have a long-term view, and more go to Smart Business's Article here!