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RECESSION THE BOARDROOM VIEW.(Brief Article)

Campaign

| September 07, 2001 | COPYRIGHT 2001 Haymarket Business Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

While we all know perfectly well that business is cyclical, it still seems to be something of a surprise when good times give way to bad and, almost always, we're hopelessly ill prepared for it -- privately and corporately. For the younger people in our industry such as Matt Pye, who was brave enough to write about his experiences in last week's feature, recession is a new phenomenon. I don't know how many recessions the rest of us have had to put up with in life. I think I've endured four.

It is, of course, a law that recessions happen around the turn of a decade.

BMP started in the late 60s and moved into its much larger premises, designed by the ...

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