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The Upside of the Downturn : Management Strategies for Difficult Times

The Upside of the Downturn : Management Strategies for Difficult Times

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The Upside of the Downturn : Management Strategies for Difficult Times

by Colvin, Geoff

  • Used
Condition
Used - Very Good
ISBN 10
1591845599
ISBN 13
9781591845591
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About This Item

Penguin Publishing Group. Used - Very Good. Former library book; may include library markings. Used book that is in excellent condition. May show signs of wear or have minor defects.

Synopsis

Some businesses – and some people – will emerge from this downturn stronger and more dominant than when it started. Others will weaken and fade. It all depends on critical choices they make right now.Geoff Colvin, one of America’s most respected business journalists, says even the scariest recession has an upside. The best managers know conventional thinking won’t help them win in these tough times. They’re taking smart, practical steps that will not only keep them strong, but will also distance them from the pack for years to come.The dozens of top-performing leaders Colvin interviewed reject the common view that slashing costs and firing employees are all that matter. They see the recession as a rich opportunity to reinvent their organizations and lay the groundwork for future growth.Colvin’s ten solidly grounded strategies will increase your company’s competitiveness and build its long-term value. A sample:· Reset priorities. Easy to say, harder to do. Pursuing the lofty goals set in good times can be disastrous now.· Reevaluate people and steal some good ones. Mass layoffs are a tempting way to cut costs, but great companies often find smarter alternatives. And if your competitors are dumb enough to fire their best people, grab them.· Keep investing in the core. Trim the fat from your budgets but not the muscle. The best companies actually increase some spending in a recession, funding the areas that make them unique and valuable.· Don’t rush to cut prices. Many companies assume they must – yet the long-term damage often outweighs the short-term boost.Colvin shows how these strategies really work, using examples of major companies that have applied them with inspiring results.

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Details

Bookseller
Better World Books US (US)
Bookseller's Inventory #
GRP87218376
Title
The Upside of the Downturn : Management Strategies for Difficult Times
Author
Colvin, Geoff
Book Condition
Used - Very Good
Quantity Available
1
Binding
Paperback
ISBN 10
1591845599
ISBN 13
9781591845591
Publisher
Penguin Publishing Group
This edition first published
2012-08-28

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