Step 3: Generic Treatments

Research

Step 3: Generic Treatments

Generic treatments are applied in the earliest stages of the recovery process. Generic treatments provide some immediate stabilization and a sense that the situation is under control. This buys time for a methodical approach to financial recovery.

Generic Treatments Activities

Short Time-to-Benefit

A yield occurs in a very short period of time.

Not Complex

It is easy to understand the short-term benefits and long-term ramifications. It is also easy to explain to others.

Reversible

 It can be undone with reasonable effort. Since generic treatments aren’t applied with much diagnosis, it is better if they can be reversed if needed. For example, a hiring freeze can be lifted or a new fee can be repealed or reduced.

View Generic Treatments Steps

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