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Recession-An issue for organizations

D. Daniel Georgescu ()
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D. Daniel Georgescu: The Polytechnic University from Bucharest, Romania

Economia. Seria Management, 2009, vol. 12, issue 2, 232-238

Abstract: The reality in all organization is that the directors and board are in the position of highest influence and their primary responsibility is leadership. As such, considering the consequences of a recession such as we currently face is not the time for directors to abdicate their responsibilities – it is time for governance leadership. The directors and the board must think and respond strategically. The article shows a matrix for positioning the general manager in recession that is similarly with BCG matrix and in the final a table with a set of essential questions for helping the board in new strategies building.

Keywords: recession; management; strategy; leadership (search for similar items in EconPapers)
JEL-codes: L10 L20 M10 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:rom:econmn:v:12:y:2009:i:2:p:232-238

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