I actually think that the economy has got some positives. It's got the market. It's got consumer confidence and it's got banks throwing - I mean central bankers throwing money at it around the world.

When there's change, there's opportunity.

Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.

Managers can waste a lot of time at the outset of a crisis denying that something went wrong. Skip that step.

Cash is king. Get every drop of cash you can get and hold onto it.

Getting candor right - with your reports, your peers, and your boss - is a skill that can make or break your career.

In difficult times your best must be hugged, loved, kissed, rewarded, paid - everything. And your worst must be the people that leave, because your best are going to take you to the next game.