Bertrand Duperrin's Library tagged recession → View Popular, Search in Google

Jul

2011

A User's Guide to 21st Century Economics

"This year, leaders of all kinds face a single, critical challenge: building 21st century organizations that yield new sources of advantage, powered by new rules of management.

Here's why - and how to get started.

Tomorrow will not be like yesterday. This is no mere recession: it's a tectonic global shift in savings, consumption, and investment. Today's macropocalypse is a rupture in the global economic fabric - and the next half-decade will be spent reweaving it. It is not a temporary departure from business as usual, an illness - it is a structural transformation, a lasting change. "

blogs.hbr.org/...ers_guide_to_21st_century.html

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economics management marketing innovation recession crisis production businessmodel

Yesterday's businesses were built for a world of overconsumption, artificially cheap production, symmetrical competition, and macroeconomic stability.
hey look and feel radically different because they were built for 21st century economics, not 20th century economics. They are organized and managed according to new rules; and it is those new rules that make the difference between surviving - and thriving in - the macropocalypse, or being vaporized by it.
4 more annotation(s)...
- At the Lab, we've found that value chains built on inert channels are significantly less profitable than value chains built on circuits - two-way channels, where context flows in one direction, and goods in the other.
- At the Lab, we've found that scarcity pays: companies who can rescale production at the micro-level are disproportionately more profitable and powerful
- At the Lab, we've found steeply diminishing returns to orthodox strategy - because, like actual war, it destroys tomorrow for today. The 21st century demands a rethink of what's "strategic" - versus what's merely selfish.
- At the Lab, we've found that higher-order innovation - business model, strategic, and management innovation - is associated with significantly more powerful and durable value creatio

Nov

2009

Corporate is playing a new ballgame

"“Recovery will not be restoration of the pre-recession market. Trying to get back to where we were will be like chasing a red herring,” said Jean Martin, executive director of the Corporate Leadership Council of the Corporate Executive Board, a global business research network"

www.ajc.com/...orate-is-playing-a-189854.html

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organization recession recovery information risk riskmanagement talents talentmanagement customers

A shift in consumer buying behavior will require sales teams to revisit old assumptions about customers and their needs.
There is a need for companies to have more agile risk management strategies.
3 more annotation(s)...
- Today, 40 percent of the most valuable information created by employees (largely through social media) is out of reach of corporate IT systems.
- Eighty-six more employees than last year said that their talents or interests didn’t match their jobs
- Companies have spent too much time trying to document risks and not enough time figuring out how to handle them.

Jul

2008

This “Recession” May Be Something Other Than A Recession

I think that although we may well experience the two sequential down quarters of growth that would put us officially into a “Recession,” it will mask the reality that we are in (not “entering”) something different.

There really is a global economy so that ecoonmic conditions are also global. Want to build a business? Leverage your brain instead of capital-intensive property, plant and equipment (soft vs. hard assets). The list goes on. It isn’t hard to observe all sorts of fundamental changes that I think point to a conclusion that the Knowledge Economy is real and growing and fundamentally different than the Hard Asset Economy from which we are moving.
If we are indeed shifting from a Manufacturing to a Knowledge economy, wouldn’t it be fair to say that the characteristics of one (such as an economic downturn defined as a “recession”) would not be characteristics of the other? Didn’t the characteristics of agraian economies largely become irrelevant to enterprises involved in manufacturing?

www.qorvis.com/...mething-other-than-a-recession

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recession knowledgeeconomy manufacturingeconomy growth