Why is this so? A few reasons are:
- During times of economic uncertainty, many larger companies deal with layoffs and a worried workforce. This can take the focus away from what should be done the most during times like this, which is focusing on customer service and keeping clientele.
- Recessions force lower costs across almost all industries and can make it easier for a smaller, startup company to compete for market share that larger companies can not or choose not to embrace.
- High quality talent becomes more plentiful and often at a lower cost, making it easier to hire key team members.
- Bigger companies can not react as quickly to opportunity, providing smaller, more nimble companies a competitive edge.
So don't let 2010 and a shaky economy hold you down. Register now for Think Big Kansas City, coming up March 3rd, 2010!