Tyson Foods successfully navigated the recession by following a tried-and-true strategy that kept its team focused sharply on eliminating inefficiencies and re-dedicating itself to its customers.
As the national and global economy began to unravel in 2008 and 2009, many companies ran for the hills, begged for answers and reinvented or rebooted their entire strategic plan in order to compensate for the fear that littered the headlines.
But Springdale, Ark.-based Tyson Foods doesn’t appear to have put much stock in the phrase, “Desperate times call for desperate measures.”