Corporate Strategies during the Global Downturn PDF Download
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Author: Klaus E. Meyer
Publisher:
ISBN:
Category :
Languages : en
Pages : 43
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Book Description
The global financial crisis has created a structural break in the global economy. Businesses thus need to reassess the strategies they have developed to operate in a highly integrated global economy. Initial reactions have often been defensive as companies downsize and call for government support. However, times of crisis are also times of opportunity. In the short-term, opportunities arise for instance in 'value for money' segments. Long term opportunities require managers to develop foresight to use the crisis to position themselves for the next upswing. Business leaders thus need to develop scenarios of the new economy, and envisage their role in it.The current public debate largely focuses on the origins of the crisis, yet it is time look forward to address the question, how can businesses survive the crisis, and position themselves for the recovery whenever it may come? This paper aims to initiate this forward-looking debate. The main focus thus is on generating ideas on how to move forward, rather than to provide definitive answers.
Author: Klaus E. Meyer
Publisher:
ISBN:
Category :
Languages : en
Pages : 43
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Book Description
The global financial crisis has created a structural break in the global economy. Businesses thus need to reassess the strategies they have developed to operate in a highly integrated global economy. Initial reactions have often been defensive as companies downsize and call for government support. However, times of crisis are also times of opportunity. In the short-term, opportunities arise for instance in 'value for money' segments. Long term opportunities require managers to develop foresight to use the crisis to position themselves for the next upswing. Business leaders thus need to develop scenarios of the new economy, and envisage their role in it.The current public debate largely focuses on the origins of the crisis, yet it is time look forward to address the question, how can businesses survive the crisis, and position themselves for the recovery whenever it may come? This paper aims to initiate this forward-looking debate. The main focus thus is on generating ideas on how to move forward, rather than to provide definitive answers.
Author: Ümit Hacioğlu
Publisher: Springer
ISBN: 331944591X
Category : Business & Economics
Languages : en
Pages : 428
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Book Description
As the world is currently in the midst of financial and economic crises, this collection of expert contributions focuses on strategy formation and implementation at various organizational levels to address the challenges ahead. The latest economic turmoil and its ongoing impact on business performance are compelling top managers to develop effective business strategies and redefine the boundaries of their operational and strategic activities. On one hand, tremendous challenges in the competitive business environment have become a source of global threats for many small entrepreneurs. On the other, investors faced with today’s volatile economic conditions demand more gains on their capital investments to counter-balance the growing risk of global threats. This book explores the question as to whether it is possible to efficiently and effectively address these threats and obstacles. Are managers capable of planning and implementing strategic actions? What should the major managerial strategy be in order to overcome fluctuations in a market-oriented society? The strategies and practices recommended here are aimed to design continuous development competencies and contribute to the stability, recovery and sustainability of global business operations under volatile economic conditions. This refreshingly novel book seeks to establish managerial strategies and practices for effectively responding to challenges in the competitive business environment, as global volatility and fluctuations continue to worsen.
Author: Simon Moore
Publisher: Taylor & Francis
ISBN: 9780415365970
Category : Business & Economics
Languages : en
Pages : 212
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Book Description
With a wide-ranging information review and a forecast of future crisis management parameters, this innovative text explores the collision of emerging technology, corporate vulnerabilities and new and counter-flows of information and communications.
Author: Tomasz Bernat
Publisher: Taylor & Francis
ISBN: 1000915646
Category : Business & Economics
Languages : en
Pages : 273
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Book Description
The coronavirus disease (COVID-19) pandemic has caused serious disruptions to the economy and business activities. The COVID-19 crisis has also exposed important weaknesses in business and supply chains. It pointed to specific sectors of the economy, primarily related to services, that suffered the most. On the other hand, it has highlighted the great flexibility of the activities of entrepreneurs in their attempts to fight the crisis. The role of government has also been important in tackling this pandemic crisis to contain the epidemic and adopt activities to help entrepreneurs who were most affected by the crisis. Numerous national aid and recovery packages have been announced to support businesses and workers. At the same time, financial decisions were made at the international level, resulting in the mobilization of huge funds that were intended to support the functioning of enterprises. This book shares observations and conclusions from contemporary research and analyses, as well as from personal experiences in creating and implementing anti-crisis solutions in economies and enterprises caused by the COVID-19 pandemic on the economy and its entities. It will be of interest to researchers, academics, policymakers, and students in the fields of international business, economics, crisis management, and entrepreneurship.
Author: Vikas Kumar
Publisher: Routledge
ISBN: 100043141X
Category : Business & Economics
Languages : en
Pages : 209
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Book Description
The COVID-19 pandemic changed world dynamics, working scenarios, as well as professional and emotional dimensions. The virus has emerged as a significant threat for the continuity of business. Keeping the gravity of the problem in mind, companies must understand the need for change and must now update their strategy to account for pandemics. The next pandemic may be more severe than the current one, meaning that organizations need to devise mechanisms and business models to fight with these situations and maintain business continuity. They should not only look forward to saving plants, machinery and infrastructure, but also concentrate on employee welfare, customer engagement and satisfaction during this crisis time. The book will not only present the evidence of various effective solutions to run a business in the time of a pandemic, but also put forward the new models and practices of business being followed by people at the time of crisis. It aims to create a bridge between existing business models and proposed business solutions, focusing on existing theories and most importantly case studies from recent happenings. This rich collection of chapters will provide insights regarding the business challenges, opportunities and practices during pandemic situations like COVID-19, making it particularly valuable to researchers, academics and students in the fields of strategic management, leadership and disaster management.
Author: Simon Moore
Publisher: Routledge
ISBN: 1134213336
Category : Business & Economics
Languages : en
Pages : 203
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Book Description
Accelerating global change is generating a volatile, shifting and potent array of risks and threats for business and corporate management. If business is to survive and recover, the authors argue that a major shift is needed that embraces corporate culture, operational planning and the key role of communication in the information revolution. This innovative text meets this challenge head on. It includes informed insights into the implications for strategic planning, management and communications handling for companies facing serious issues and crisis situations in tomorrow’s corporate world. With a wide-ranging review of the information and communications revolution, and a forecast of future parameters for planning and execution of crisis management, this book will be invaluable reading for all those involved in the strategic management of technology and corporate communications.
Author: J. Legewie
Publisher: Springer
ISBN: 023028633X
Category : Business & Economics
Languages : en
Pages : 272
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Book Description
Corporate Strategies for South East Asia After the Crisis presents an in-depth analysis by experts from Europe, Japan and South East Asia who have long-standing research experience in Asian economies and international business. The authors draw upon empirical research to analyze the questions facing multinational corporations active in the region, and go on to examine their strategies in production, marketing and corporate finance. They present a comprehensive overview of the current activities of multinational firms from Europe and Japan in South East Asia. The authors address both questions of international strategy and the role of multinational companies in a global economy, while taking into account how national differences affect strategic decision making. More than an essential reader for business people in Southeast Asia, the book will strongly influence policy makers and all those interested in the shift from national to transnational business.
Author: Barrett Williams
Publisher: Barrett Williams
ISBN:
Category : Business & Economics
Languages : en
Pages : 89
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Book Description
**Thriving in Tough Times Your Essential Guide to Economic Resilience** In an ever-changing economic landscape, every business must be prepared to face the challenges of tough times. "Thriving in Tough Times" provides a comprehensive, step-by-step guide to not just surviving but thriving during economic downturns. Begin your journey with an insightful deep dive into economic downturns, from historical perspectives to identifying critical economic indicators and studying real-life case studies of businesses that have navigated recessions successfully. Understand the essence of corporate resilience and evaluate your businessâs current resilience with practical tools and methodologies. Strategic planning is key, especially when the economic outlook is uncertain. This eBook will guide you through creating flexible, adaptable strategies and setting recession-proof goals, ensuring your business can pivot and adapt as needed. Learn to manage cash flow, build emergency funds, and optimize costs by identifying non-essential expenses and leveraging technology for maximum efficiency. Diversification is a proven strategy for maintaining stability. Explore ways to diversify revenue streams, geographical markets, and your product or service offerings. Strengthen your customer relationships by understanding their needs, building loyalty programs, and enhancing communication strategies that resonate during tough times. Innovation and adaptability are vital to surviving and thriving. Foster a culture of innovation within your organization, adapt your business model to the changing economic environment, and scale your operations responsively. Leading with confidence is crucial; this book covers leadership qualities essential in recession times, maintaining team morale, and the importance of transparent communication. Prepare for potential risks with comprehensive risk management plans, form strategic alliances and partnerships, and maintain supply chain integrity to ensure continuous operation. Embrace the power of data and analytics for real-time decision making and predictive management. Your mental health and well-being are as crucial as your business strategy. "Thriving in Tough Times" offers valuable insights into supporting employee well-being, building resilient teams, and providing mental health resources for leaders. Navigate government aid, regulatory changes, and engage in advocacy with confidence. Finally, learn to review and adjust your strategies regularly with performance reviews, iterative adjustments, and lessons drawn from both successes and failures. "Thriving in Tough Times" is your ultimate guide to building a resilient, adaptable, and innovative enterprise capable of facing any economic challenge head-on. Get your copy today and take the first step towards securing your businessâs future, no matter what the economic climate brings.
Author: Chenoy Ceil
Publisher:
ISBN:
Category :
Languages : en
Pages : 10
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Book Description
Business operating in domestic as well as global markets must consider recessionary possibilities and build their business strategies to withstand such impact. It is very important to understand how strategies might be impacted due to onset of recession and find solutions from past incidents. This paper discusses recessionary strategies and how businesses operating in the global space needs to embrace recession to develop their strategic adaptation capabilities for the future. Some of the recommendations for businesses to better equip themselves during recession are also discussed in this paper.
Author: Ashish Gupta
Publisher: Taylor & Francis
ISBN: 1000857956
Category : Business & Economics
Languages : en
Pages : 294
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Book Description
Global business has been affected by several unprecedented and significant problems and threats in the recent past. This book offers comprehensive strategies for managing crises and disruptions to reinvigorate productivity and performance. It discusses themes and issues like crisis management; consumer behaviour during crisis; emerging business models and trends in global business; and risks, impacts and mitigation strategies. The book provides an overview of business processes highlighting the unique challenges that the COVID-19 pandemic and other recent developments have wrought on businesses including disruptions in supply chains, health and safety risks for employees and economic and logistical vulnerabilities, among others. Including case studies from various sectors and industries, the chapters in this book provide solutions and interventions like adopting technological improvements and innovative labour practices for organisations to deal effectively with uncertainty and adapt sustainable and effective models for growth and performance for their businesses. Lucid and topical, this book will be useful for scholars and researchers of business management, crisis management, finance and economics, as well as for business and corporate professionals.
