Posts Tagged ‘discussionleader.hbsp.com’

Wednesday, November 12th, 2008

Why Traditional Recession Tactics Are Doomed To Fail This Time

  Scott Gavin

This article from Harvard Business Publishing looks at the challenges facing boardrooms across the world in the face of the economic crisis. From creating value to harnessing network effects, the core of the article speaks to those pushing Enterprise 2.0 and KM 2.0 as well as senior management.

“How should boardrooms respond to the macro crisis? Is it just a case of recession-as-usual: budget-paring, personnel-slashing, and portfolio-trimming?
Not a chance. The tactics of recession-as-usual are neither necessary nor sufficient for firms to weather the global economic superstorm - because it’s no ordinary squall, but a once-in-a-lifetime gale ripping up the very foundations of the global economic order. Rather, the macro crisis requires decision makers to confront fundamental transformation on three levels.”

Read the full article at discussionleader.hbsp.com


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