Abstract
Looks at how, following the boom period of the mid‐1980s, complacency led to the early 1990s proving to be traumatic times for organizations. Following the 1980s expansion, survival of companies is put at risk from draining cashflows. Shows that an overall comprehensive strategy, with regard to facilities/assets, must be emphasized and carried out or survival of organizations may not occur for the next upturn to be taken advantage of.