Long ago, coal miners would put caged canaries in their tunnels. Ifthe little birds fell silent or dropped, this would alert the miners of thepresence of poison gas. This way, many miners were able toescape unhurt.The business environment you live in is very much like thosetreacherous mines. Hundreds of employees are laid off everydayand more and more companies are filing for bankruptcy. As amanager, you must learn how to detect threats to your businessbefore disaster strikes.Corporate canaries are exactly like those real-life birds that savedhundreds of miners from certain death. “Canary” warnings will tellyou whenever your business is threatened, enabling you to stop thebleeding even before it starts.
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About the Author
bout the Author
The Big Idea
he Big Idea
is an author, top-ratedspeaker, and veteran businessturnaround expert. Over his acclaimedtwenty-year career, Sutton has takenover and revitalized troubledbusinesses, turning these money-losingcompanies into cash generators. Suttonsits on twelve boards today, and he hasbeen a highly rated speaker at the MITForum for fifteen years. He also hasappeared on MSNBC, CNNfn, CBSNews, and NPR. He's been covered byor written for the
Wall Street Journal,BusinessWeek,
and cover stories on him have appeared in
Directors & Boards.
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Avoid Business Disasters with a Coalminer’s Secrets
void Business Disasters with a Coalminer’s Secrets