Three stages of economic decline within an organization/network (3 C’s)

iStock_000006191862XSmallAs we have progressed through the deterioration in the economic climate I observed a trend in how people and stakeholders in different organisations and networks respond.  My comments here are principally based on observations from the media, in particular business newspapers such as the Financial Times and the Handelsblatt (a German newspaper) and discussions with friends about what they were seeing in their businesses and through their contacts.

The stages of economic decline could be summarised into three ‘C’s: Cooperation, Competition, and Corruption.

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