Summary of Always a Winner

Looking for the book?
We have the summary! Get the key insights in just 10 minutes.

Always a Winner book summary
Start getting smarter:
or see our plans

Rating

8 Overall

9 Applicability

8 Innovation

7 Style

Recommendation

Companies that carefully monitor the economy can prosper in all phases of the business cycle, a relentless alternation of economic expansions and recessions. Best-selling author and scholar Peter Navarro champions a do-it-yourself approach to forecasting. He says that instead of relying on outside experts, firms should produce their own economic forecasts to ensure optimal decision making in both the upturns and downturns of the business cycle. Navarro provides multiple examples of economic indicators that require no formal education in economics to understand. His book also includes case studies of companies that embraced macroeconomic analysis and of others that ignored the potential of tracking the broad economy. getAbstract recommends this book to any manager who wants to use economic forecasts to make better business decisions.

In this summary, you will learn

  • What makes economic forecasting so valuable
  • How your firm can create its own economic forecasts instead of relying on outside experts
  • How companies must organize themselves to profit from forecasting and prosper in any economy.
 

About the Author

Peter Navarro is a professor at the Merage School of Business, University of California-Irvine, and the author of several books, including The Well-Timed Strategy and two bestsellers, The Coming China Wars and If Its Raining in Brazil, Buy Starbucks.

 

Summary

Bracing for the Business Cycle
Ups and downs in the economy are inevitable, so companies that prepare only for opportunity may succumb to adversity. Neither the high points nor the low points of the business cycle are permanent. Expect an endless series of economic growth spurts, slowdowns...

Get the key points from this book in 10 minutes.

For you

Find the right subscription plan for you.

For your company

We help you build a culture of continuous learning.

 or log in

Comment on this summary

More on this topic

By the same author

Customers who read this summary also read

More by category