I hope that you read my colleague’s post yesterday on the “R” Word. In it he argued eloquently that R stands for Restructuring, not Recession, and that this is the beginning of the restructuring of America’s financial and business landscape. C-level executives will have one word on their mind as they prepare for 2009:  The “R” word. Restructuring of balance sheets to maximize cash; of organizations to get more done with fewer, more productive people; even of entire industries.

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