Thinking Differently about Business Downturn
Stumble It!Think Differently: Long-term success is not only determined by how well a company handles a downturn, but also by its foresight in preparing for the next upturn. In the midst of a recession, corporate leaders are often forced to restructure and control expenses, but those who focus only on the immediate crisis may be left behind when better times return.
To read Upturn Thinking in a Downturn Year by Asaf Farashuddin in Strategy+Business Magazine.
Each Think Differently is a short challenge to encourage us that there are always differently ways of framing any situation and is brought to www.bioteams.com by Peter Fryer author of the Trojan Mice blog.
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Teams, networks, groups and their members behave in an irrational way but quite predictably so. A good team leader will understand this and use it to everyone’s advantage. One key point is to knowing each team members motivations and whether they are operating in “social economy” or “market economy” mindsets.
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