Monday, September 28, 2009

Upturn Strategies

Here are some opinions from The Wharton School on managing in an upturn. An excerpt:

Indeed, many experts at Wharton and elsewhere agree that the decision-making challenges facing corporate CEOs and their top strategists are in some ways more difficult in the second half of 2009 than they were during nearly two years of unmitigated recessionary times. That is because managers must make risky decisions on issues like increasing production back to pre-recession levels: Do it too soon and a company could waste millions on unsold inventory, while inaction could lead to significant lost revenue opportunities if the U.S. economic recovery is strong and takes place quickly.

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