I’ve noticed that while in business I’ve acquired a few habits – one of those has been a keen observation of surrounding businesses. I believe that it’s my duty to analyze and study the successful ones, and those emerging around me to see what they do and how they do it. Of course I’ll always have an opinion about something they’re doing! 🙂
In any case, one of those companies is Disney. I have learned so much from them solely by observing their methods and procedures and encourage you to do the same.
Recently on CNNMoney.com they published an article called “No such thing as recession in Disneyland?“. I love it because it goes to show that such a well orchestrated business like Disney was able to boost their earnings amidst an era where most companies are struggling.
Like Disney, what systems do you have in place in your business to make it recession resilient?