Text
Value-for-money strategies for recessionary times
The world has changed so much because of, among other reasons, deregulation, lowering of trade barriers, rapid technological advances, demographic shifts, and greater urbanization, that strategies that worked a decade ago are unlikely to do so anymore. Previously, downturns often favored incumbents, which possess economies of scale and customer relationships that allowed them to prevail over upstarts. What's different now is that companies from several emerging markets are poised to wrest market share from, or even take over, Western firms. Smart companies perceive not just threats in a recession but also opportunities. Their goal is to grow so they can emerge stronger from the downturn. Value for money has again become a strategic imperative - and not just because of the recession. In both the developed and the developing world, therefore, delivering value for money has become critical. What capabilities must companies possess to thrive in this environment? Our research suggest that instead of refining cost-cutting techniques, companies should develop cost -innovation capabilities..Printed journal
Call Number | Location | Available |
---|---|---|
PSB lt.dasar - Pascasarjana | 1 |
Penerbit | Harvard Business School Publishing., |
---|---|
Edisi | - |
Subjek | Strategic planning Corporate finance Recessions Cost control Emerging markets |
ISBN/ISSN | 178012 |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |