By Clay Garner,
President, Growth Resources Inc.
As a chairman of four groups of Vistage International member executives,
Clay Garner regularly gathers information on the state of the business
economy through the eyes of his members. Vistage is the world's
leading CEO member organization (nearly 14,500 members) designed
to provide education, community, and knowledge sharing to CEOs,
business owners, and key executives from small to mid-sized businesses.
During the late fall of 2006, information began emerging suggesting
a potential business cycle downturn in mid-2008. Being concerned,
Clay decided to address this issue with his Vistage member groups,
nearly 60 CEOs, with the intent to define any defensive actions
needed to survive the impending downturn.
But the results of the discussion were surprising.
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