beat simon, agility logistics on 'managing the downturn
DESCRIPTION
Jacky Gervis, Co-CEO, FM Logistic speaks on 'Managing the Downturn' at a session on The Economy: Get Ready for the Rebound at the 7th European 3PL Summit in Brussels, November 25th 2009. To download all of the slides from the conference for free visit www.3PLsummit.com/eu_2009pptsTRANSCRIPT
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3PL Summit, 2009 in Brussels3PL Summit, 2009 in BrusselsManaging the DownturnNovember 2009
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Business cycleBusiness cycle
Entering the recessionEntering the recession
Managing the curveManaging the curve
Accelerating out of the curveAccelerating out of the curve
What are we learning?What are we learning?
ContentContent
What are we learning?What are we learning?
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The four parts of a The four parts of a
business cyclebusiness cycle
Business Cycle
Business
Expan-sion
Slow-down
An entire cycle generally
lasts from 2 to 10 years
Source: NY Times and OECD
Business
Cycle
Down-turn
Reco-very
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Business cycleBusiness cycle
Entering the recessionEntering the recession
Managing the curveManaging the curve
Accelerating out of the curveAccelerating out of the curve
What are we learning?What are we learning?
ContentContent
What are we learning?What are we learning?
![Page 5: Beat Simon, Agility Logistics on 'Managing the Downturn](https://reader034.vdocuments.mx/reader034/viewer/2022052523/5556cd74d8b42abb428b554e/html5/thumbnails/5.jpg)
Entering the recession
� Set up of the company
— Investment strategy
— Lifecycle stage
— Business portfolio (Geographic,
Industries, Customers, Suppliers)Industries, Customers, Suppliers)
� Early Identification & Planning
— Lookout for signs of downturn
— Planning “what if” scenarios
— Know the conditions and apply the
right amount of “brakes”
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Business cycleBusiness cycle
Entering the recessionEntering the recession
Managing the curveManaging the curve
Accelerating out of the curveAccelerating out of the curve
What are we learning?What are we learning?
ContentContent
What are we learning?What are we learning?
![Page 7: Beat Simon, Agility Logistics on 'Managing the Downturn](https://reader034.vdocuments.mx/reader034/viewer/2022052523/5556cd74d8b42abb428b554e/html5/thumbnails/7.jpg)
Managing the curve
� Recognize the signs early enough
� Have a Comprehensive Plan
—Plan for worst case scenario
—Systematic communication approach
—Boost the people
� Work with government and labor organizations� Work with government and labor organizations
—Implement flexible working hours
—Short-time work
—Avoid redundancies now /
and re-training costs later
� Be with your customers
� Competitors hyper-aggressive
� Resist the inward focus
Government
Agility Employee
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Business cycleBusiness cycle
Entering the recessionEntering the recession
Managing the curveManaging the curve
Accelerating out of the curveAccelerating out of the curve
What are we learning?What are we learning?
ContentContent
What are we learning?What are we learning?
![Page 9: Beat Simon, Agility Logistics on 'Managing the Downturn](https://reader034.vdocuments.mx/reader034/viewer/2022052523/5556cd74d8b42abb428b554e/html5/thumbnails/9.jpg)
Accelerating out of the curve
“Even though from a technical perspective the recession is very likely over at this point, it’s still going to feel like a very weak economy for some
time,” FED Chairman Ben S. Bernanke
“The world economy is stabilizing, helped by unprecedented macroeconomic and financial policy support. However, the recession is not over and the recovery is likely to be sluggish.” IMF World Economic Outlook Update
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Business cycleBusiness cycle
Entering the recessionEntering the recession
Managing the curveManaging the curve
Accelerating out of the curveAccelerating out of the curve
What are we learning?What are we learning?
ContentContent
What are we learning?What are we learning?
![Page 11: Beat Simon, Agility Logistics on 'Managing the Downturn](https://reader034.vdocuments.mx/reader034/viewer/2022052523/5556cd74d8b42abb428b554e/html5/thumbnails/11.jpg)
What are we learning from this and prior crises?
� Keep strategic initiatives going
— Focus on long term profitability and growth
— Avoid short term thinking
� Keep balanced portfolio with diversified exposure to the various industry sectors
� Close cooperation with customers and � Close cooperation with customers and suppliers is essential
� Work with governments and labor representatives to find innovative solutions
� Prepare for the next one!
— Analyze what worked and what didn’t
— Know what “car” you are driving
— Management is art, not science
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Thank you for your timeThank you for your time
Beat Simon CEO Agility Europe
St. Jakobsstrasse 220
4002 Basel
Switzerland
www.agilitylogistics.com