Managing in a Downturn

Gandossy, Robert; Donohue, Jim; Fourmy, Richmond
May 2009
Leadership Excellence Essentials;May2009, Vol. 26 Issue 5, p11
The article discusses the ten rules for managing during an economic downturn. The need for leaders to confront the facts and face reality harder and faster is emphasized. When implementing a cost-cutting measure, it must be done with strategic intent. Also advised are acting with a sense of urgency and discipline; communicating and clarifying; and leveraging the brand.


Related Articles

  • Blue Ocean Strategy. Chan Kim, W.; Mauborgne, RenĂ©e // Leadership Excellence Essentials;May2009, Vol. 26 Issue 5, p4 

    The article explains the importance of Blue Ocean Strategy (BOS) amidst the global economic slowdown. In order to compete in the global marketplace, leaders must focus on profitable growth. To create new demand, they need to pursue value-based innovation and create blue oceans of new market...

  • Leading the way. Kossof, Leslie // Horticulture Week;3/6/2009, p34 

    The article reports on leadership skills exercising to carry out the business during economic downturn. It mentions the characteristics of being a leader, differences of leadership and management, and how to proceed from the management to being a leader. It suggests that a leader must grow with...

  • How to be a leader. Wuttke, Mark // Organic Spa Magazine;Jul/Aug2012, Vol. 6 Issue 5, p37 

    The article offers tips to become a conscious leader. It notes that the key to recognizing conscious leadership is being intentional by working with purpose and making every action count. It suggests to have a purpose in life, commit to living a disciplined lifestyle, and acknowledge one's...

  • WHAT DOES "LEADERSHIP" MEAN?  // SportsTurf;Oct2015, Vol. 31 Issue 10, p14 

    The article presents information on the concept of leadership. Topics include the importance of self-discipline to be an effective leader, the need for a leader to practice what he preaches to get the commitment of his members, and his capability to make a positive change and impact. It also...

  • A Business Lesson From A First Grade Teacher. Cronin, Paul // SDM: Security Distributing & Marketing;Mar2016, Vol. 46 Issue 3, p70 

    The article discusses the application of some of the disciplines of teaching for security systems integrators. The author describes his wife's discipline in her role as a teacher, noting the daily preparations and the assessments involved in her task. He emphasizes the business lesson he...

  • Integral Design Thinking, Guessing the Future. Norton, Lisa // Integral Leadership Review;Mar2012, Vol. 12 Issue 2, p1 

    The article discusses the application of design in leadership practices. It explores the relation and contribution of design theories to integral leadership capacities. It notes the civil and cultural scope and role of design on effective leadership. Meanwhile, it highlights various disciplines...

  • Creating Success During A Downturn In The Economy. Johnson, Rick // Supply House Times;Apr2008, Vol. 51 Issue 2, p184 

    The article describes how a leader can be successful during economic downturn. It is noted that a good leader should make emotional connections with his management team and encourage them to open up and share their dreams for the company. He must re-examine sales effectiveness process and...

  • Where is the opportunity? Kuhillow, Mark // Precision Marketing;12/1/2008, Vol. 20 Issue 21, p11 

    The author reflects on the impact of economic slowdown on marketing departments and advertising budgets. He pointed out that with advertisers searching to make quick cost savings, corporate marketing departments have begun to reason and relocate. He states that marketplace can be debated as...

  • Carefully Pruning Your "Business Tree.". Toburen, Steve // ICS: Cleaning Specialist;May2009, Vol. 47 Issue 5, p20 

    The article offers tips to carpet cleaners on reducing their costs to help increase profits during the economic downturn. Business owners are advised to involve employees in cost-cutting efforts. They may also identify tasks and targets in the business that meet several criteria for measuring...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics