Corporate Strategies in Recession and Recovery (Routledge Revivals) PDF Download
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Author: Richard Whittington
Publisher: Routledge
ISBN: 1134647662
Category : Business & Economics
Languages : en
Pages : 338
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Book Description
First published in 1989, this book is based on detailed comparative case studies of eight firms’ responses to the recession of the early 1980s, the worst crisis for British manufacturing in the post-war period. Following these companies’ progress from 1979 to 1985, Whittington examines the various recession strategies they adopted and the consequences of these for management change and financial performance in the recovery. Drawing on the Realist social theory of Roy Bhaskar, Whittington argues that the class, gender, generation and ethnicity of the decision-makers involved in the eight case studies collectively made an impact on their strategic choices. This is a timely and practical reissue, which will be of value to students, managers and academics concerned with strategic management, developments in organizational theory, and the current economic climate.
Author: Richard Whittington
Publisher: Routledge
ISBN: 1134647662
Category : Business & Economics
Languages : en
Pages : 338
Get Book Here
Book Description
First published in 1989, this book is based on detailed comparative case studies of eight firms’ responses to the recession of the early 1980s, the worst crisis for British manufacturing in the post-war period. Following these companies’ progress from 1979 to 1985, Whittington examines the various recession strategies they adopted and the consequences of these for management change and financial performance in the recovery. Drawing on the Realist social theory of Roy Bhaskar, Whittington argues that the class, gender, generation and ethnicity of the decision-makers involved in the eight case studies collectively made an impact on their strategic choices. This is a timely and practical reissue, which will be of value to students, managers and academics concerned with strategic management, developments in organizational theory, and the current economic climate.
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: Pearson Education, Limited
Publisher: Pearson Education
ISBN: 9780273730057
Category : Business & Economics
Languages : en
Pages : 184
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Book Description
Managing in a Downturn brings together the world's leading business thinkers on the big questions confronting managers and executives in today's painfully credit-crunched times.- Brings together advice from the world's leading business minds about how to effectively manage in challenging times.- Wide ranging thinking on every aspect of the recession, from the roots of the downturn to managing talent, reassessing risk and seizing opportunities.- One of the first books to be published on managing in a recession.- Accompanying website hosting extra audio and video content. What can businesses do to minimise short-term pain and maximise long-term competitive advantage? Are there lessons to be learned from previous downturns? And what will the future business environment look like? Hear what the experts have to say.With the recession now clutching us in a firm grip, it can be difficult to think beyond the doom and gloom. For senior managers and executives, navigating through turbulent times is never easy, the instinctive reaction is to cut costs and hunker down until things get better. But retreating into a protective shell is not always the right decision for the long term. Indeed, a downturn can present a great opportunity for companies to reposition themselves, scour the market for good deals, recruit talent from competitors and, ultimately, equip themselves for sustainable long-term success. Managing in a Downturn brings together a range of leading business school experts and commentators to offer their observations and new business thinking on surviving - and even better, thriving - in the current recession. Management teams in today's volatile business context need help. And expert help is now at hand in this premium collection of cutting edge business thinking that will help you get a new perspective on the downturn, how it could affect your business and how to manage through it.
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: Darrell Rigby
Publisher: Harvard Business Press
ISBN: 1422136469
Category : Business & Economics
Languages : en
Pages : 155
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Book Description
The current downturn may prove more brutal than most previous recessions. It's already hammering companies in markets around the globe. It will test businesses to their fullest-many won't survive. But downturns present strategic opportunities, too. In fact, many more companies achieve dramatic gains during recessions than in normal times. How to ensure your company emerges successful? In Winning in Turbulence, a new volume in the Memo to the CEO series, Bain & Company downturn strategist Darrell Rigby provides the playbook. He presents a powerful framework and diagnostic tool (available in the book and online) for assessing three dimensions of your situation: Your industry's sensitivity: How hard is it hit by this downturn? Your company's strategic position: Are you an industry leader or follower? Your firm's financial position, including cash reserves. The author then explains how to craft an action plan tailored to the situation you've diagnosed, providing tools for: Cutting costs intelligently-sustaining your margins and brand Boosting revenue by refocusing your sales force on the right customers Channeling resources into your core businesses Preparing for bold moves, such as game-changing acquisitions Timely and practical, this book positions you to survive a downturn and emerge stronger once the recovery begins.
Author: Harvard Business Review
Publisher: Harvard Business Press
ISBN: 1647820669
Category : Business & Economics
Languages : en
Pages : 193
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Book Description
How do the most resilient companies survive—and even thrive—during a slowdown? If you read nothing else on surviving a tough economy and coming back stronger, read these 15 articles. We've combed through hundreds of Harvard Business Review articles and selected the most important ones to help your company persevere through economic challenges and continue to grow while your competitors stumble. This book will inspire you to: Harness your resources to pull through a pandemic Learn the right lessons from previous recessions Minimize pain while cutting costs and managing risk Foster a healthy culture during anxious times Make smart moves to protect your own job Seize the opportunity to innovate and reinvent your business This collection of articles includes "Seize Advantage in a Downturn" by David Rhodes and Daniel Stelter; "How to Survive a Recession and Thrive Afterward: A Research Roundup" by Walter Frick; "How to Bounce Back from Adversity" by Joshua D. Margolis and Paul G. Stoltz; "Rohm and Haas's Former CEO on Pulling off a Sweet Deal in a Down Market" by Raj Gupta; "How to Be a Good Boss in a Bad Economy" by Robert I. Sutton; "Layoffs That Don't Break Your Company" by Sandra J. Sucher and Shalene Gupta; "Getting Reorgs Right" by Stephen Heidari-Robinson and Suzanne Heywood; "Reigniting Growth" by Chris Zook and James Allen; "Reinvent Your Business Model Before It's Too Late" by Paul Nunes and Tim Breene; "How to Protect Your Job in a Recession" by Janet Banks and Diane Coutu; "Learning from the Future" by J. Peter Scoblic; "5 Ways to Stimulate Cash Flow in a Downturn" by Eddie Yoon and Christopher Lochhead; "The Case for M&A in a Downturn" by Brian Salsberg; "Include Your Employees in Cost-Cutting Decisions" by Patrick Daoust and Paul Simon; and "Preparing Your Business for a Post-Pandemic World" by Carsten Lund Pedersen and Thomas Ritter. HBR's 10 Must Reads paperback series is the definitive collection of books for new and experienced leaders alike. Leaders looking for the inspiration that big ideas provide, both to accelerate their own growth and that of their companies, should look no further. HBR's 10 Must Reads series focuses on the core topics that every ambitious manager needs to know: leadership, strategy, change, managing people, and managing yourself. Harvard Business Review has sorted through hundreds of articles and selected only the most essential reading on each topic. Each title includes timeless advice that will be relevant regardless of an ever‐changing business environment.
Author: Peter Navarro
Publisher: John Wiley & Sons
ISBN: 0470497203
Category : Business & Economics
Languages : en
Pages : 244
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Book Description
"In much the same way that Good to Great uncovered hitherto hidden secrets of highly successful companies, Navarro’s Always a Winner uses extensive research to reveal the overriding importance of learning how to forecast and strategically manage the business cycle for competitive advantage. In doing so, this book provocatively explores a critical aspect of successful management virtually untapped by the existing strategy literature." —Dan DiMicco, Chairman and Chief Executive Officer, Nucor Steel " Always a Winner is an important and timely guide to thriving in challenging economic times. Prof. Navarro deftly bridges the academic and business communities, showing corporate leaders how to read economic tea-leaves to anticipate business cycles. His "Master Cyclist" credo offers many practical tips and real-world case studies for steering companies through turbulent economic seas." —Mark Greene, Ph.D, Chief Executive Officer, FICO (Fair Isaac Corp.) "Navarro’s Always a Winner shows why forecasting the economy with a ruler can be lethal for corporate executives and money managers. He demonstrates how to skillfully anticipate the ups and downs of the economy and successfully navigate through them. The current economic crisis clearly demonstrates why this book is so important to have on your bookshelf." —Mark Zandi, Chief Economist and Cofounder of Moody’s Economy.com "Always a Winner is required reading for every entrepreneur, money manager, and independent investor hoping to outperform the market and retire one day." —Mark T. Brookshire, Founder of StockTrak.com and WallStreetSurvivor.com " Navarro’s wealth of real world examples will show you how to make both economic recessions and recoveries invaluable allies in executing competitive corporate strategies. A must read!" —Lakshman Achuthan, Managing Director, Economic Cycle Research Institute Why recessions are far more dangerous than any 10 competitors Most companies make a lot of money during economic expansions-and lose a lot of money during recessions. That is the way it has always been. That is the way it need not always be. This book will show you how to "always be a winner" over the course of the entire business cycle-not just when economic times are good. To do this job, this book will arm you with all the strategies and tactics and forecasting tools you will need to profitably manage your organization through the business cycle seasons-from the best of boom times to the worst of recessionary times. In this book, you will learn to Forecast movements and key recessionary turning points in the business cycle Implement a set of powerful "battle-tested" strategies over the course of the business cycle Rebuild your organization with a strategic business cycle orientation and thereby make it much more recession-resistant and resilient over the longer term The forecasting tools and management strategies revealed in this book have been developed over the last five years by the author-the world's leading expert on managing the business cycle for competitive advantage. By learning to strategically manage the business cycle, your organization will be able to create a powerful competitive and sustainable advantage over its rivals and thereby find the grail sought by every executive team in the world-superior financial performance. In this way, Always a Winner provides you with the in-depth insight and practical advice you need to help your company survive and thrive in the increasingly risky conditions of the 21st century.
Author: Richard Charles Whittington
Publisher:
ISBN:
Category : Business planning
Languages : en
Pages : 383
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Book Description
Author: Peter Steidl
Publisher: John Wiley & Sons
ISBN: 1118320212
Category : Business & Economics
Languages : en
Pages : 224
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Book Description
Recessions -- there may not be anything we can do to stopthem, but we have plenty of choices when it comes to ourresponse. During a recession too much time can be spent trying to guesswhat impact it may have, while too little time is spent exploringthe strategic options available. Survive, Exploit, Disrupt addresses the need forcompanies to shift their strategic thinking during an economicdownturn. As trends change and consumer behaviour becomes lesspredictable, companies that triumph over economic downturn fallinto three categories: survivors, exploiters and disrupters. This book shows executives how to navigate their way through themany challenges a recession represents for their business, andcapitalise on the opportunities these periods of upheavalpresent. Inside you’ll discover: the drivers of change during a recession how to adapt to recessionary periods how to exploit growth opportunities and identify disruptiveopportunities specific actions you can take to survive a recession. The result is a solid basis for recession-proof strategy thatcompanies can implement to ensure that they survive the toughtimes.
