It is so vital to the success of a business these days that you are able to get the most production out of your company for the lowest possible price. Some businesses simply just cut off the labor force when times get tough and that can be a mistake sometimes. If labor costs were not the real or main reason why business was dropping, customer service may decline which will lead to fewer customers and even less business. In order to survive and even thrive during these hard economic times you need to be able to have all the information and data available to you twenty four, seven so that you know where the problems and strengths of a company are. Think of the example of chain of fast food restaurants. If you are struggling to earn a profit each month you may blame it on the economy and decide to close the stores or cut back the labor force and both may be a crucial mistake. If you have the proper application performance management you would be able to review the data you receive and realize that you actually are making a significant profit at most of the restaurants, and a few are doing horribly. Well transaction management for someone who does not have the proper software and tools would mean they do not get the information fast enough for them to make the right decision, so they end up making the wrong one. If you had the right decision you would be able to use transaction management to only focus on the few restaurants that were failing and causing the others to suffer.
Perhaps the problem isn't that the few restaurants are doing so poor because of the economy, they are doing poorly because they are not functioning the right way. Having the proper data and using application performance management would allow you to get the information quickly and make the right decision fast. The key to any business in this economy is to make the right decisions based on the information so you can maximize profit will maintaining an satisfactory customer base. If your customers are happy because you are still providing them a great service with great satisfaction and at a fair price, and you are earning a substantial profit each month then that is a win, win scenario for you and you will thrive during any economic times, including these. That is truly the best way to conduct business and more importantly to stay in business.