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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

For example, a manufacturing company might explore new markets or develop complementary products to ensure a more stable income. For example, during the 2008 financial crisis Microsoft used its large cash reserves to continue investing in software development and R&D, which has paid off in the long run.

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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

Unlike national oil companies and oil majors that typically take five to 10 years to develop conventional oil reserves, these independent and “unconventional” players have improved their drilling and fracturing technology to the point where they can respond within months to temporary spikes or dips in the market.

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Brews, News and Booz & Company: Interview and Culture Insights

Management Consulted

After he graduated from Northwestern University (Chicago, IL), he developed the idea that companies would become more successful if they called on someone outside of their organization to offer expert, unbiased advice. This idea became a theory, and he developed a practice. How did he think up such a career? Organization and Change.

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ZS Associates Firm Profile

Management Consulted

In the 90s, ZS evolved by developing a new sales force effectiveness and productivity framework, data warehouses for clients, as well as a range of analytical services, data-handling capabilities, and rigorous analytics to the marketing research function. Travel & Transportation. Software Development. What does this mean?

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Transforming Today’s Bad Jobs into Tomorrow’s Good Jobs

Harvard Business

Developing Skills that Will Matter in the Future. But at good jobs companies, these very skills are already demanded, developed, and put to use. Sales per employee went from 179,142 euros in 2005 to 232,260 euros in 2008. Here’s why. So despite a large expense and no downsizing, Mercadona’s productivity went up.

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Your New Hit Product Might Be Underpriced

Harvard Business

Other failed products either answer a question no one cares about or are the wrong answer to the right question – Google Glass or the Segway personal transporter, for example. A few years ago, a Silicon Valley-based manufacturer of electronics components developed a product that would become a breakthrough in its category.

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How Blockchain Will Accelerate Business Performance and Power the Smart Economy - SPONSOR CONTENT FROM MICROSOFT

Harvard Business

Automated blockchain triggers and enforcements might have even helped entire nations avoid humanitarian disasters caused by economic transactions, such as the milk scandal of 2008 which claimed 300,000 victims, dis-incenting the use of forced child labor, or managing recent threats from ISIS to poison the European food supply.