Thursday, December 11, 2008

My article on How to Manage during Recession/Slowdown

MANAGEMENT
Managing Turbulence -- Manishankar Chakraborty
The global economy is witnessing a free fall and Indian companies are also being hit by this phenomenon. Companies across sectors are resorting to cost-cutting by offering pink slips to the non-performers. The day of equilibrium is a thing of the past. Global economies are witnessing topsy-turvy changes within short spans owing to factors like global inflation due to skyrocketing oil prices, shortage of food stuffs, subprime crisis of the US and a host of other geo-political reasons. This article discusses how the organization and employees collectively can handle such challenges in the overall interest of all the stakeholders.
© 2008 The Icfai University Press. All Rights Reserved
Source- http://www.iupindia.org/1108/gc.asp

1 comment:

Unknown said...

I wrote the piece even before the first bailout from USA was declared, post investment banking fiasco.Thanks for your comments.