Successful business strategies for the contemporary organizations in time of turbulence
Index
1. Introduction………………………………………………………………………….3
2. Avaliation and Interpretation under recession conditions………………...…………4
3. Strategic Adaptation to Recession…………………………………………………..5
4. Categories of strategy in recession conditions………………………………………6
5. Strategic responses in the recession…………………………………………………7
6. Conclusion………………………………………………………………….……….9
7. Bibliography…………………………………………………….…………………10
1. Introduction
The economic crisis that shook the international markets had mixed reactions in the companies. Some were flat, hoping to improve the scenario. Others decided to go for innovation in search for new business areas. With proper planning and strategies, now envision a second half-reaction, with good market prospects.
The innovation theme is assuming increasing importance and covering new areas each day.
Innovate has become the solution found by some companies to stay on the market and win new customers.
The crisis is resolved only through hard work, creativity and organization. Betting on innovation and finding new markets is one of the solutions we found. It examines the costs and can cope with the crisis clearly and efficiently. The fact that there just exacerbates the crisis the way it has always been pursued in the company: to seek innovative solutions.
An organization adopting a model of excellence in management is essential to stand out among the competition, breaking paradigms and investing in relationships with all audiences. The pursuit of excellence involves having vision. Having vision is, above all, the urgency of this. We will be competitive, market-differentiated and able to make the developed world if we do present a challenge for excellence and innovative.
Bibliography: www.google.com www.diarioeconomico.com www.wikipedia.org www.weforum.org