The importance of strategy in downturns

A quick post to point to a thought provoking article on the Booz site. The summary excerpt is as follows:


All industrial corporations face downturns and periods of retrenchment. Successful strategists promote upturn thinking even during the deepest downturns. Techniques such as crafting an upturn SWAT team, implementing long-term strategic planning, and requiring upturn thinking during restructuring help companies develop their own Marshall Plan to stay one step ahead of competitors when better times return.

Leave a Reply

Your email address will not be published. Required fields are marked *