Recession as Opportunity
The nerds at Bain give us a few reminders from history:
- Southwest Airlines surged ahead during the 2001 recession
- Intel pulled away from AMD (also in 2001)
- Johnson & Johnson, GE and IBM shifted focus on economically healthier regions in Q2/2008
- Bank of America gobbled up Merrill Lynch (the opportunity of a lifetime) - just a few days ago
So, where are your opportunities?