I remember when our market was collapsing back in the 1970’s and 1980’s. It seemed to start with the announcement by Occidential Chemical in Niagara Falls. They were closing a new process that they had just built two years prior in Niagara Falls in early 1972.
Olin chemical followed shortly thereafter with the layoffs of 800 people at their Niagara falls facility. Soon to follow was the closure of Mobil Oil refinery, and then the Ashland Oil Refinery.
The disease soon started to spread to other industries in the Western New York area. Different shops at the Bethlehem Steel Plant were shut down as were shops at Republic steel, and finally both plants.
We lost over a 20 year period close to 300 clients. A lot of them we only did a job or two once every other year but they were clients and they provide work for our employees and they filled our schedule with work.
At the same time our market was transitioning from all union to a non-union market. We were competing against companies that did have our work rules or pay scales. We struggled and successfully made the transition while staying true to our vision.
Is your company struggling with where to go and how to get there? Maybe you need to revisit your vision statement and see if your vision, mission statement and business plan are in sync.
Do you need help in exploring what your company’s original vision was and how to follow it? I give seminars on creating or revisiting what your companies vision is and how to use it to craft your mission statement and your business plan on where you want to go.
Contact me at patterson.2y2r@gmail.com .
You can also support me on Patreon
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