The Next Wave
IKAROS GROUP CORPORATION – RECESSION AFTERMATH
The Management,
IKAROS GROUP CORPORATION
6.11.2009
Bangkok, Thailand
Dear Reader
Most probably all of us have seen and also in different ways felt the effects of the largely publicized current World Economic Crisis.
For companies around the world, this chapter in time has naturally caused changes, ranging from small operational adjustments to major re-structuring or even in some cases closures and bankruptcies.
We have seen extraordinary businesses with huge turnover and global influential effect on both the financial and political arena slowly start leaning and then toppling over, finally crashing to the ground with just “ashes” left for the audience to view.
Naturally these changes are in many cases not positive and have large ripple effects on the lives of the very people who have been keeping the businesses moving, such as for example it’s owners, investors, employees and management.
This nevertheless is how business in general works. Times and trends change; and people and companies – if they truly wish to succeed in the long run, need to adapt to the changes or even better, work ahead of the changing environment.
In some cases, this chapter can also be considered as a “Cleaning Period”, where companies have a highly valuable possibility to streamline their business operations, business processes, methods & procedures, and financial & expense structures.
For Ikaros Group Corporation, this “turbulence” has naturally also created a period of changes, where our Corporate Management has needed to make several large-scale decisions in order to protect, secure and prepare our company for the future tasks and possibilities that lies ahead.
Some of these decisions have meant evaluating our Group’s current situation and its business future as well as formulating and strategizing both short- and long-term decisions regarding both the administration and operational aspects.
These operational decisions have been divided by Ikaros Group Corporation’s business sectors as follows :
- Agricultural Projects
- Ecological Energy Creation
- Real Estate Developments
- Luxury properties
- Residential properties
- Resort & property management and sales
- Entertainment
- Innovations and Business Concepts
- Wealth Management
During these globally challenging times, Ikaros Group Corporation and its Management has naturally also had to make, sometimes, difficult decisions regarding the operations of the company.
These decisions have been made in order to, in the best possible way to protect and preserve the owners and investors of Ikaros Group Corporation and their assets.
The Company Management wants to point out, that it is of the firm belief that Ikaros Group will emerge from this economical turmoil stronger, fitter and more prepared than ever before and become an important influencer in several international markets as well as in economical and governmental sectors.
This will be done accordingly to Ikaros Group Corporation’s general Business Plan.
Read more about this subject in chapter, Networking.
The Management,
IKAROS GROUP CORPORATION
6.11.2009
Bangkok, Thailand
