As we move into Q4 2012, we have good news and not such good news:
Since the credit crunch and ensuing "great recession" of 2007–09, companies worldwide have been battling to survive, sustain and grow in what have continued to be highly unpredictable economic conditions.
For most business leaders, this has been a completely new experience. Most of the assumptions of the previous decades, particularly the "borrow to buy" approach, have proven to be false friends. Many are asking ‘is their growth model still valid? Is sustainable growth still possible?'
- In the last month, three major central banks around the globe have made bold changes in monetary policy due to continued poor growth.
- Here in the United States, Federal Chairman Bernanke has spoken of his "grave concern" about the high employment rate of 7.8% in September 2012.
What does this mean for growth? Going into 2013, political and economic leaders are facing headwinds that are many and severe, and have the potential of further weakening the economy by pushing down consumer confidence and consumer spending.
In order to help our clients navigate chaotic change and challenges, we offer practical insights and a strong basis on which to plot a way forward.
ABOUT THE AUTHOR. Deborah Steinthal is Founder and Managing Director of Scion Advisors, a leading boutique, strategy consulting firm serving the U.S. wine industry. With a proven approach enabling business owners to position for profitable growth or for exit, she has worked alongside over 150 winery owners and CEOs; and has moderated over 80 Winery CEO Roundtables involving more than 50 top wine industry CEOs for over a decade. Deborah’s expertise is in the area of business growth strategy, family business transformation, and board and leadership development.
Based out of McMinnville, Oregon; born in Lima, Peru; raised in Belgium and Germany; Deborah has lived, worked and travelled globally. She is broadly published in the national business press, an invited speaker, panelist and widely quoted for research on key practices, such as such as How to Build a Pull Brand, Digital Commerce and Family Business Transition.
For more information call Deborah Steinthal at 707.246.6830.
Among her clients: Cristom Vineyards, Adelsheim Vineyard, Wine by Joe, DeLille Cellars, Woodward Canyon Winery, OVS, Willakenzie, Elizabeth Chambers Cellar, Patz & Hall Winery, Benziger Family Vineyards, Calera Wine Company, Delicato Family VIneyards, Cakebread, Spottswoode, Gundlach Bundschu, Luna Vineyards, Clos Du Val, Quail’s Gate Winery, Wente, J. Lohr, Choice Lunch, Cowgirl Creamery, Easton Malloy (producers of Peppermint Bark for Williams-Sonoma) , and McEvoy Ranch.