Summary of Leadership in the Era of Economic Uncertainty

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

Leadership in the Era of Economic Uncertainty book summary
Start getting smarter:
or see our plans

Rating

8 Overall

9 Applicability

6 Innovation

8 Style

Recommendation

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.

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
 

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.

 

Summary

When Crisis Strikes, Covet Cash
In the midst of an economic downturn, monitoring and managing cash are among your most important responsibilities. Know your company’s liquidity level every day. Track your daily cash flow and weekly changes in working capital. Make sure that every executive...

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