Hackett: Business Finance, ''How to Recession-Proof Your Business''

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Thu Feb 28, 2008 11:12am EST

ATLANTA & LONDON--(Business Wire)--
It's just Economics 101: All business is cyclical, and that's true
even when, as seems the case in the new century, the cycles are
speeding up. Finance executives need to be prepared to meet the
challenges of bad times as well as good. Companies that react quickly
to an adverse market have a good chance of preserving profitability.
But world-class organizations go beyond that, says The Hackett Group:
They leverage disruptive events to get the buy-in they need -- from
management, workers and stakeholders -- to drive transformative change
and raise their organization's performance to world-class levels.

   Hackett's research identifies several areas where the best
companies focus their efforts. They reduce G&A costs, improve working
capital performance, examine globalization opportunities, and fine
tune the performance of their Enterprise Performance Management
system.

   Click Here to Link to Full Text of Article or visit the following
URL:
http://www.businessfinancemag.com/magazine/archives/article.html?artic
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   The complete research described in this article is available at:
http://www.thehackettgroup.com/hpn/docs/rword/

   More information on other Hackett Research is also available at:
http://www.thehackettgroup.com/about/alerts.jsp

   About The Hackett Group

   The Hackett Group (NASDAQ: HCKT), a global strategic advisory
firm, is a leader in best practice advisory, benchmarking, and
transformation consulting services, including shared services,
offshoring and outsourcing advice. Utilizing best practices and
implementation insights from more than 4,000 benchmarking engagements,
executives use Hackett's empirically based approach to quickly define
and prioritize initiatives to enable world-class performance. Through
its REL brand, Hackett offers working capital solutions focused on
delivering significant cash flow improvements. Through its Hackett
Technology Solutions group, Hackett offers business application
consulting services that helps maximize returns on IT investments.
Hackett has worked with 2,700 major corporations and government
agencies, including 97% of the Dow Jones Industrials, 73% of the
Fortune 100, 73% of the DAX 30 and 45% of the FTSE 100.

   Founded in 1991, The Hackett Group was acquired by Answerthink,
which was renamed The Hackett Group in 2008. The Hackett Group has
global offices in the United States, Europe and India.

   More information on The Hackett Group is available: by phone at
(770) 225-7300; by e-mail at info@thehackettgroup.com; or on the Web
at www.thehackettgroup.com.

The Hackett Group
Gary Baker, 610-234-5900
Communications Director
gbaker@thehackettgroup.com

Copyright Business Wire 2008
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