Recession-Proofing Your Organization Case Solution And Analysis, HBR Case Study Solution & Analysis of Harvard Case Studies

In his year 2004 MIT Sloan Management Review article "Principles of the Master Cyclist," the writer made the case for why firms have to learn the way to integrate tactical business-cycle management into their tool kits. The article presented a set of principles that informed supervisors can use in making tactical decisions (in places such as stock management, advertising and pricing) and strategic decisions (in places including capital growth and amalgamations and acquisitions). At the time of publication, there was a increasing understanding that the business cycle had mostly been "tamed" by the sophisticated program of discretionary fiscal and monetary policies. However, that myth has since been completely shattered--not merely by the 2008-2009 recession but also by the U.S. Federal Reserve System's role in inventing the economic policies that helped trigger the crash.

In this present article, the author discusses the heightened significance of monetary and economic marketplace literacy and how smart forecasting can help companies handle the business cycle more efficiently than their opponents. The writer emphasizes three important activities managers need to focus on: (1) developing and deploying forecasting abilities to anticipate movements and key turning points in the business cycle, (2) applying well timed business-cycle management strategies and approaches across the functional areas of the organization in a synergistic and integrative manner, and (3) building an organization with a business cycle orientation, a facilitative structure and a supportive culture.

Recession-Proofing Your Organization Case Study Soluion

PUBLICATION DATE: April 01, 2009 PRODUCT #: SMR311-HCB-ENG

This is just an excerpt. This case is about ORGANIZATIONAL DEVELOPMENT