According to Forrester%26rsquo%3Bs (Nasdaq: FORR) βNavigating+The+2023+Downturnβ research, the current global downturn will unfold in ways unlike any economic decline previously experienced. While prior recessions have followed a boom-bust cycle, the 2023 downturn immediately follows a pandemic that has already disrupted business models and forced organizations to pivot their business strategy. Additionally, multiple factors contribute to the complexity of this downturn, including inflation, energy costs, supply chain challenges, regional conflicts, and changing worker demographics. These factors will uniquely combine across regions and industries, ensuring that each country will experience it differently.
Forrester: The Best Defense For Business Leaders During The 2023 Economic Downturn Is A Proactive Offense
Jan 26, 2023
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