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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 ...