Lowering capital expenditure is a must and organizations should inculcate disciplines for cost control. This could be achieved by retaining permanent and valuable employees as against temporary contractors. A strategic weapon to lower cost would be to help customers take offshore projects. Most customers would like to squeeze their supply and negotiate again. So one should look for better payment terms and long-term contracts and preferred vendor agreements.
Success factors depend on how large firms are.
In the current environment only large firm can attract talents and sustain high market pressures. In such an environment, basic human needs like security and job gets threatened. Employees are the obvious victims as their wages, bonuses, profit sharing, ESOP gets affected. The worry of the unknown threat creates more problems than the threat itself. The element of uncertainly is the source of the unknown threats.