About this product: No times are more difficult for the survival of a company than recessions. They are defining moments for managers. Yet there are few books on recession strategy out there. This book aims to fill that gap. Now recession-proofing articles talk about keeping your head down and focusing on costs and cashflow. We say you cannot cut your way to greatness: this is a book for managers who have a handle on their costs and ask what now? If you want to thrive you need to storm through recessions and downturns. That is why the book is called Recession Storming. Recession Storming covers 5 main areas: understanding the business environment, retaining existing customers, maintaining margins through pricing, moving ahead with new product-offerings, and winning new customers. There are over 100 strategies in this book, pulled from over eighty companies from some 5 economic recessions. Just one idea will repay the purchase price of the book many times over.
About this product: Drawing on extensive research of Fortune 500 companies that have lived through industry downturns and economic recessions over the past two decades, Darrell Rigby, a director of Bain & Company, reveals how companies need to go against the grain of convention and exploit industry downturns to harness their unique opportunities for upward mobility. The author explains that every downturn goes through three phases. He examines each phase and shows how successful players navigate the huge waves of a downturn. Smart executives, he says, don't panic: they look bad news in the eye and institutionalize an approach to detecting storms. Rather than hedge their bets through diversification, they focus on their core businesses and spend to gain market share. They manage costs relentlessly during good times and bad. They keep a long-term view and strive to maintain the loyalty of employees, suppliers, and customers. And coming out of the downturn, they maintain momentum in their businesses to stay ahead of the competition they've already surpassed. Every industry will face periodic downturns of varying severity, says Rigby. But executives with the vision and ingenuity to take unconventional approaches can buoy their companies to new heights.
About this product: This digital document is an article from Entrepreneur, published by Entrepreneur Media, Inc. on January 1, 2003. The length of the article is 377 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details Title: Housing crunch: how would a real estate downturn affect you? Well, it starts with your bank ... Author: Julie Monahan Publication:Entrepreneur (Magazine/Journal) Date: January 1, 2003 Publisher: Entrepreneur Media, Inc. Volume: 31 Issue: 1 Page: NA
All businesses go through hardships, but their reaction can make the difference between survival and failure. Realistic but inspiring, this book covers: realizing there's a problem, focusing on what you do best: your core business, spending sensibly, being paid on time, cutting down on inefficiency, steadying the ship and maintaining staff morale, working at external relationships (the bank, customers, suppliers), working out survival tactics (and ways to stick to them), and not letting things slip.
About this product: This digital document is an article from Fairfield County Business Journal, published by Westfair Communications, Inc. on April 2, 2001. The length of the article is 775 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details Title: Service, flexibility key to surviving recession.(how small business can weather economic downturn)(Brief Article) Author: B. Z. Khasru Publication:Fairfield County Business Journal (Magazine/Journal) Date: April 2, 2001 Publisher: Westfair Communications, Inc. Volume: 40 Issue: 14 Page: 3
About this product: Bain & Company launched a multi-year research project in 1993 to gather facts about management tools, and to track their use. The objective was and continues to be to provide managers with the information they need to identify, select, implement and integrate the tools that will improve the bottom line results.
About this product: This digital document is an article from National Tax Journal, published by National Tax Association on March 1, 2004. The length of the article is 7900 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the author: We analyze the behavior of state revenues since the early 1950s to determine the severity of the revenue declines experienced by states after the 2001 recession. Both total state revenues for the nation and state-level data for each state are studied. We conclude that the states were indeed hit with an unprecedented downturn in revenues--unlike anything that had been experienced in the preceding half-century. Further and contrary to general perceptions, revenue increases in the years preceding the downturn were not particularly strong compared to revenue increases in the years leading up to previous recessions. We further conclude that most proposed budget rules dealing with either taxes, spending, or savings would have been insufficient to address the states' problems and that states will need major discretionary structural changes in state revenues and expenditures to return to fiscal balance.
Citation Details Title: The 2002 downturn in state revenues: a comparative review and analysis.(Forum: State and Local Fiscal Crisis) Author: J. Fred Giertz Publication:National Tax Journal (Refereed) Date: March 1, 2004 Publisher: National Tax Association Volume: 57 Issue: 1 Page: 111(22)
About this product: This digital document is an article from Modern Casting, published by American Foundrymen's Society, Inc. on January 1, 2004. The length of the article is 615 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details Title: Voice of the industry: the steel industry has been one of the hardest hit by the economic downturn of the past few years. What do you believe steel foundries must do to rebound?(Shakeout: hear what industry voices have to say ...) Publication:Modern Casting (Magazine/Journal) Date: January 1, 2004 Publisher: American Foundrymen's Society, Inc. Volume: 94 Issue: 1 Page: 68(1)
About this product: How to capture powerful short-covering rallies instead of watching them from the sidelines. Loren Fleckenstein teaches you how to do with the best possible odds. Because short-covering affects every stock you trade, you must understand how this phenomenon functions. This report provides you with a detailed explanation of short-interest. You will learn where to obtain the information, how to analyze it, and how to assimilate it into your trading style.
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