A final entry on coping with recessionary times (for now), although a theme we may return to…
One of the things that is likely to occur during recessionary times is fragility in people’s identification with their companies. Firms facing financial distress are likely to see the bonds between the people and the company weaken, and both in an emotional sense (feeling down about the slump) but also in the way they think about the purpose, meaning, and values of their company.… Read more
