Global Recession: The Insights You Need from Harvard Business Review

Global Recession: The Insights You Need from Harvard Business Review

Global Recession: The Insights You Need from Harvard Business Review

Global Recession: The Insights You Need from Harvard Business Review

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Overview

Roar Out of the Covid-19 Recession

You've weathered the shock, the lockdowns, and the slow crawl back. But with a new normal come new risks—and new opportunities. What must you and your business do now to come out of the downturn stronger and better positioned for the future?

Global Recession: Insights You Need from Harvard Business Review will help you find possibilities amid the upheaval and reshape your business to seize advantage in the upswing.

Business is changing. Will you adapt or be left behind?

Get up to speed and deepen your understanding of the topics that are shaping your company's future with the Insights You Need from Harvard Business Review series. Featuring HBR's smartest thinking on fast-moving issues—blockchain, cybersecurity, AI, and more—each book provides the foundational introduction and practical case studies your organization needs to compete today and collects the best research, interviews, and analysis to get it ready for tomorrow.

You can't afford to ignore how these issues will transform the landscape of business and society. The Insights You Need series will help you grasp these critical ideas—and prepare you and your company for the future.


Product Details

ISBN-13: 9781647821340
Publisher: Harvard Business Review Press
Publication date: 03/30/2021
Series: HBR Insights Series
Pages: 176
Sales rank: 1,058,817
Product dimensions: 5.40(w) x 8.10(h) x 0.60(d)

About the Author

Harvard Business Review is the leading destination for smart management thinking. Through its flagship magazine, 12 international licensed editions, books from Harvard Business Review Press, and digital content and tools published on HBR.org, Harvard Business Review provides professionals around the world with rigorous insights and best practices to lead themselves and their organizations more effectively and to make a positive impact.

You can find HBR at: hbr.org
Twitter: @HarvardBiz
LinkedIn: linkedin.com/company/harvard-business-review
Facebook: @HBR
Instagram: @harvard_business_review
YouTube: youtube.com/user/harvardbusinessreview

Table of Contents

Introduction Finding Opportunity in Adversity ix

Start by avoiding four mistaken ideas Martin Reeves

Section 1 Startegy in the Recession

1 Adapt Your Business to the New Reality 3

Understand how habits have changed Michael G. Jacobides Martin Reeves

2 Avoid Making This Strategic Mistake in a Recession 19

Now is not the time for differentiators to compete on cost Michael Greiner Scott Julian

Section 2 Managing Your Business Through the Recession

1 What Really Prevents Companies from Thriving in a Recession 27

It's about knowing how to reallocate-and deallocate-resources Ranjay Gulati Mark Wiedman

4 Do You Have the Right Sales Channels for a Downturn? 35

Three questions manufacturers should be asking themselves right now Andris A. Zoltners Prabhakant Sinha Sally E. Lorimer John DeSarbo

5 Joint Ventures and Partnerships in a Downturn 45

How to think about your existing collaborations-and the new ones you should seek out James Bamford Gerard Baynham David Ernst

5 Don't Cut Your Marketing Budget in a Recession 65

Research shows that when firms reallocate their marketing budget, they have more success Nirmalya Kumar Koen Pauwels

7 Seven Strategies for Leading a Crisis-Driven Reorg 75

Start by moving quickly but always with a plan Peter Buchas Stephen Heidari-Robinson Suzanne Heywood Matthias Qian

Section 3 Entrepreneurship and Startups in the Recession

8 You Don't Have to Pivot in a Crisis 87

How to stay the course Daniel Isenberg Alessandro Di Fiore

9 How to Launch a Startup in the Post-Covid Era 97

Understand the market and the needs of the consumer to stay in the game Uri Adoni

Section 4 Managing Yourself and Your Career in the Recession

10 How to Find a [Great] Job During a Downturn 107

Yes, it's possible-with a detailed plan of action Claudio Fernández-Aráoz

11 Growth After Trauma 123

Five steps for coming out of a crisis stronger Richard G. Tedeschi

About the Contributors 139

Index 145

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