  The economic downturn touched off by the implosion of global credit markets continues to batter companies globally. The nationalisation of British banks, previously unthinkable, has become a reality. Dramatically reduced output, lay-offs and pay freezes are the norm for many manufacturing and construction companies—and the contraction in consumer demand has already claimed a number of long established British high-street brands. For the immediate future, life for British businesses looks very tough.
In our research and work with clients, both in the United Kingdom and around the world, Accenture has seen firsthand the struggles many companies have finding answers in difficult economic times. Across the spectrum of business performance, no company, not even those in the ranks of high performers, is insulated from the effects of the current downturn. And while the strategy that each company needs to pursue is based on its current strengths and weaknesses, we understand the questions that are front-of-mind for all top executives—and we have identified four imperatives that can provide answers. Learn more about how Accenture can help: |