Leadership in the Era of Economic Uncertainty: Managing in a Downturn
By Ram Charan
3/5
()
About this ebook
“There is no better person than Ram Charan to provide advice on managing in a downturn.”
–Larry Bossidy, former Chairman & CEO Honeywell International Inc.
"This is all classic guru writing, stressing the extremity of the situation. But from Charan - who has already brought us bestsellers such as Execution and What the CEO Wants You to Know - it seems plausible. His forte is bold advice, delivered with convincing rhetoric. And he has completed his new text just at the right time."
--Financial Times
As a business leader today, you face an unprecedented challenge: the worldwide economic downturn. Cash and credit are dwindling, sales forecasts are dismal, and morale is sinking. This is not a time to reflect. It is a time to act, decide, and energize your people—with urgency.
This is your moment. Are you up to the task?
In Leadership in the Era of Economic Uncertainty, Ram Charan helps you steer your business through the minefield of contracting markets, cash shortages, and ongoing uncertainty. No matter what your leadership role, Charan’s insight will help ensure that your business emerges leaner, stronger, and well in front of the competition.
“We will not know when we have turned the corner, and we cannot envision the shape and scope of the world that will emerge,” Charan writes. “What we can be sure of is that this is a time of tumultuous change, and with change come both danger and opportunity.”
In this concise and highly accessible guide, the author provides practical actions you can execute immediately to
- Protect cash flow vigilantly, even daily, and use cash more efficiently
- Use ground intelligence to survive the storm and position your business to thrive in the aftermath
- Develop a better understanding of your customers
- Reevaluate your pricing strategy and capital expenditures
- Use cost cutting strategically
Using examples and case studies, Leadership in the Era of Economic Uncertainty illustrates how leaders at DuPont, Hanesbrands, Wipro, and other companies used Charan’s techniques to get results.
The chaos of global economic meltdown has imposed an urgency you have never before experienced. It’s a scary thing, but it can also be exciting—if you’re prepared.
Ram Charan
Ram Charan, who learned the art and science of business in his family's shoe shop, has consulted for many well-known companies, including GE, KLM and DuPont and is a bestselling author. He recently bought his first flat in Dallas, Texas, aged 67.
Read more from Ram Charan
HBR's 10 Must Reads on Making Smart Decisions (with featured article "Before You Make That Big Decision..." by Daniel Kahneman, Dan Lovallo, and Olivier Sibony) Rating: 4 out of 5 stars4/5The Digital Leader: Finding a Faster, More Profitable Path to Exceptional Growth Rating: 0 out of 5 stars0 ratingsThe High-Potential Leader: How to Grow Fast, Take on New Responsibilities, and Make an Impact Rating: 5 out of 5 stars5/5The Phoenix Encounter Method: Implementation Guide Rating: 0 out of 5 stars0 ratingsTalent: The Market Cap Multiplier Rating: 0 out of 5 stars0 ratingsThe Leadership Pipeline: Developing Leaders in the Digital Age Rating: 0 out of 5 stars0 ratingsLeading Through Inflation: And Recession and Stagflation Rating: 0 out of 5 stars0 ratings
Related to Leadership in the Era of Economic Uncertainty
Related ebooks
Thinkers 50 Management: Cutting Edge Thinking to Engage and Motivate Your Employees for Success Rating: 0 out of 5 stars0 ratingsLeading Through Inflation: And Recession and Stagflation Rating: 0 out of 5 stars0 ratingsHeads: Business Lessons from an Executive Search Pioneer Rating: 0 out of 5 stars0 ratingsAll the Leader You Can Be: The Science of Achieving Extraordinary Executive Presence Rating: 0 out of 5 stars0 ratingsThe Transformative CEO: IMPACT LESSONS FROM INDUSTRY GAME CHANGERS Rating: 0 out of 5 stars0 ratingsThe New Strategic Thinking Rating: 0 out of 5 stars0 ratingsGreat to Excellent; It's the Execution! Overcoming the Natural Barriers to Profitable Company Growth Rating: 0 out of 5 stars0 ratingsThe Leadership Accelerator: The Playbook for Transitioning into Your New Executive Role Rating: 0 out of 5 stars0 ratingsThe 6 Enablers of Business Agility: How to Thrive in an Uncertain World Rating: 5 out of 5 stars5/5The Performance Pipeline: Getting the Right Performance At Every Level of Leadership Rating: 0 out of 5 stars0 ratingsJack Welch on Leadership Rating: 4 out of 5 stars4/5The Leader's Guide to Radical Management: Reinventing the Workplace for the 21st Century Rating: 4 out of 5 stars4/5Hidden Truths: What Leaders Need to Hear But Are Rarely Told Rating: 0 out of 5 stars0 ratingsTalent: The Market Cap Multiplier Rating: 0 out of 5 stars0 ratingsThe Elephant in the Boardroom Rating: 0 out of 5 stars0 ratingsThe Soft Edge: Where Great Companies Find Lasting Success Rating: 0 out of 5 stars0 ratingsThe Extraordinary Leader: Turning Good Managers into Great Leaders Rating: 4 out of 5 stars4/5Leaders at All Levels: Deepening Your Talent Pool to Solve the Succession Crisis Rating: 3 out of 5 stars3/5Fast/Forward: Make Your Company Fit for the Future Rating: 5 out of 5 stars5/5Indispensable: Build and Lead A Company Customers Can’t Live Without Rating: 0 out of 5 stars0 ratingsThe Organization of the Future 2: Visions, Strategies, and Insights on Managing in a New Era Rating: 0 out of 5 stars0 ratingsThe New Rules Rating: 5 out of 5 stars5/5How Companies Win: Profiting from Demand-Driven Business Models No Matter What Business You're In Rating: 4 out of 5 stars4/5The Strategic Leader's Roadmap, Revised and Updated Edition: 6 Steps for Integrating Leadership and Strategy Rating: 0 out of 5 stars0 ratingsCulture for the Left-Brained Leader: Strategy, Tactics, and Implementation for Transformative Results Rating: 0 out of 5 stars0 ratingsThe Game-Changer (Review and Analysis of Lafley and Charan's Book) Rating: 0 out of 5 stars0 ratingsGeneral Managers Rating: 4 out of 5 stars4/5Bet on Talent: How to Create a Remarkable Culture That Wins the Hearts of Customers Rating: 4 out of 5 stars4/5Balanced Scorecard Diagnostics: Maintaining Maximum Performance Rating: 2 out of 5 stars2/5The Leadership Capital Index: Realizing the Market Value of Leadership Rating: 5 out of 5 stars5/5
Leadership For You
Summary of The 48 Laws of Power by Robert Greene Rating: 4 out of 5 stars4/5Divergent Mind: Thriving in a World That Wasn't Designed for You Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Emotional Intelligence 2.0 Rating: 5 out of 5 stars5/5The 21 Irrefutable Laws of Leadership: Follow Them and People Will Follow You Rating: 4 out of 5 stars4/5The 5AM Club: Own Your Morning. Elevate Your Life. Rating: 4 out of 5 stars4/5The 7 Habits of Highly Effective People: 30th Anniversary Edition Rating: 5 out of 5 stars5/5How to Win Friends and Influence People: Updated For the Next Generation of Leaders Rating: 4 out of 5 stars4/5Carol Dweck's Mindset The New Psychology of Success: Summary and Analysis Rating: 4 out of 5 stars4/5Crucial Conversations: Tools for Talking When Stakes are High, Third Edition Rating: 4 out of 5 stars4/5The 21 Irrefutable Laws of Leadership Workbook: Revised and Updated Rating: 5 out of 5 stars5/5The 7 Habits of Highly Effective People: 15th Anniversary Infographics Edition Rating: 5 out of 5 stars5/5Emotional Intelligence 2.0 by Travis Bradberry and Jean Greaves: Cheat Sheet Rating: 4 out of 5 stars4/5The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers Rating: 4 out of 5 stars4/52600 Phrases for Effective Performance Reviews: Ready-to-Use Words and Phrases That Really Get Results Rating: 3 out of 5 stars3/5The Book of Beautiful Questions: The Powerful Questions That Will Help You Decide, Create, Connect, and Lead Rating: 4 out of 5 stars4/5Communicating at Work Rating: 3 out of 5 stars3/5How to Get Ideas Rating: 5 out of 5 stars5/5Five Minds for the Future Rating: 4 out of 5 stars4/5The Ideal Team Player: How to Recognize and Cultivate The Three Essential Virtues Rating: 4 out of 5 stars4/5Relationships 101 Rating: 4 out of 5 stars4/5Spark: How to Lead Yourself and Others to Greater Success Rating: 5 out of 5 stars5/5The Catalyst: How to Change Anyone's Mind Rating: 4 out of 5 stars4/5Leadership and Self-Deception: Getting out of the Box Rating: 4 out of 5 stars4/5Your Best Year Ever: A 5-Step Plan for Achieving Your Most Important Goals Rating: 4 out of 5 stars4/5The Five Dysfunctions of a Team: A Leadership Fable, 20th Anniversary Edition Rating: 4 out of 5 stars4/5Leadershift: The 11 Essential Changes Every Leader Must Embrace Rating: 5 out of 5 stars5/5
Reviews for Leadership in the Era of Economic Uncertainty
1 rating0 reviews