Leadership in the Era of Economic Uncertainty
Managing in a Downturn
McGraw-Hill, 2008
Category:
Leadership & Management
This summary is also available in:
German
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(2)In this summary you will learn
- What demands the current global economic crisis places on managers
- What managers must do to cope
- Why some companies will be stronger after the crisis than they were before it happened
Why you should read Leadership in the Era of Economic Uncertainty
This short, pointed book by one of America’s leading management thinkers offers a checklist of to-do steps for managers who are coping with the economic crisis. Ram Charan covers all the bases: the board of directors, chief officers, operations, sales, research and development, and more. He offers direct, unambiguous, actionable advice for managing at each level, including: manage for cash, watch the numbers, know which customers to fire and recognize that annual targets make no sense when demand is unpredictable. Charan’s record as a coach to CEOs and as an author of best-selling business books speaks for itself. In this book, getAbstract finds that he more than lives up to his reputation, avoiding jargon, generalizations and lofty theoretical pronouncements to focus on what managers must do now for their companies to survive.
About the author
Ram Charan is the co-author of Execution and Confronting Reality, and the author of What the CEO Wants You to Know. A noted expert on business strategy, he has coached some of the world’s most successful CEOs.
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