7 Tips to Improve Your Resilience* in Business and Finance

By Martin Schneider

Side note: Remember that Martin is an avid pilot and you'll understand his take on the present climate in this article.

Since last winter, the time for flying in sunshine is over. There are heavy clouds in the horizon so that we need to prepare ourselves much better as well as our aircraft. The best pilots are those with ample experience in flying in cloudy and stormy weather.

To remember what the weather and economic analysts forecasted in early 2008: Continued sunny weather with some clouds! No need to worry about a catastrophic turn of events!

Now many of us need to pilot and the weather tells us is that there is stormy weather in the forecast. Most of time weather forecasters are correct or partly correct. But sometimes their predictions are incorrect as is the case now (economically speaking).

Let's make the best of these predictions!

In good and not so good times a pilot needs to know two things: Where am I (what is my position?) and where do I want to go from here?

During sunny periods it's enough to ask these questions a few times a year. Now in possible stormy weather, we need to assure our position daily, weekly or at least maybe monthly.

In my sixteen years as Head of Tomato, my team and I have had our share of challenging times. We're still here offering assistance, especially in trying times.

Based on our clients' situations, we've learnt the following 7 steps as being the most crucial, especially in a time like this: