The guts to survive

05/22/2009 | Harvard Business Review online

Beware of recession-induced "threat-rigidity effects," strategy professor Freek Vermeulen warns. Firms in hard times "are inclined to more narrowly and firmly focus on the one thing they do well (e.g. their core product or service), stop doing other things, and become more hierarchical and top-down in terms of management control," he says. Bad move, he writes. His advice? Try to open up by "exploring new sources of potential revenue and experimenting with bottom-up processes to generate such ideas and innovations."

View Full Article in:

Harvard Business Review online

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Director, Workforce
AIA
Arlington, VA
VP of Video Content Distribution
Calkins Media
Levittown, PA
Administrative Assistant
Watco Companies
Los Angeles, CA