Down the rabbit hole – How cognitive bias leads to failure
The resources industry is going through hard times. Wouldn’t it be wonderful if we all pulled together? Sadly, many operators and clients still prefer to … Read more
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Extended payment terms: who really pays the price?
In tough economic times, businesses large and small look for ways to manage their cash flow more effectively. When money is tight it’s common … Read more
The art of bouncing back – resilient contracting in difficult markets
Volatility increases during times of economic decline. Not every business providing contracting services will survive it, and some will fail catastrophically. But some, paradoxically, will thrive. … Read more
How extended payment terms hurt innovation
An interesting piece of research on how extended payment terms affect suppliers. The authors find that small firms forced to accept extended payment terms … Read more