In times of economic crisis and world recession. In many economic sectors took place serious recession. Many businesses are still trying to continue investing doses produced. Which all goods are not sold. Bankruptcies and plant closures are inevitable happened.
Aside from such enterprises, many businesses do not expand the scale of production. Contrary to narrow the scope of production and business, Downsized. But it is not fun and something beautiful, but that was not at fault. It is essential for the survival of the business.
If no downsizing in manufacturing business, downsizing, reducing salaries of workers and employees. The enterprise could fall into bankruptcy and closed.
A good leader is a visionary who knows. This person will know when businesses need to expand the scale of production. When to downsize production. When to produce more on items, when to cut other produce items.
For example, in the freezing of property in Vietnam in recent years. Initially years. Hot housing prices growth continually. The richest people possess a lot of real estate. People who invest in real estate, the real estate investor. Who have idle money are thrown into the real estate market. Poor servants or even borrow money to invest in real estate. They said one to another: he shall lay out, but not real estate! Which habits Vietnam people from thousands of generations we take very seriously the freedom of houses. Even one inch of land still plugged rùi more! So the land prices of Vietnam among the highest in the world. But people still eat great-grandchildren, to be reserved for purchase by one of their own home to stay. Instead of going in through or rent.
Then the real estate market suddenly dropped without stops. Many real estate giant white hand momentarily, bankruptcy and even suicide. The real estate project stalled. Houses built without buyers series. Property prices are still down each day.
If the wise leadership in this case would quickly sell homes all land loss. Although the total assets of this position will be a significant decline but still.
In contrast with other leaders still refused to sell deep hole right from the initial assets. Borrowing money from banks to pay the loan came due. Wait for the real estate market heating up. Finally estate freeze and continued price drops. Interest rates native son. This position will fall into bankruptcy, creditors may flee or commit suicide.
Particularly, some wise leaders. They continue to invest in real estate. But targeting the market segment for low-income people. These people are really in need of housing. They received preferential loans from social policy bank. They are successful in the real estate market continues to slump.
In the course of the production process and business. Visions of leadership is extremely important.
Author: Pham Thi Hoi
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