Word: turnarounds
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...manage your company in the midst of a crisis: "An effective way to manage even a well-run company in times of economic upheaval is to follow some of the disciplines typically imposed by a turnaround manager ... a good crisis manager devises a blueprint for taking advantage of opportunities that the crisis creates, quickly and effectively transforming a struggling company into a competitive entity that is well positioned for future success...
...flux, savvy players will reap rewards. But executives are demonstrating an unwillingness to retrench, and the report mounts a persuasive case for why that's a dangerous thing. Emerging from the tumult unscathed requires a clear-eyed look at the recession's bleak realities-and the talents of a turnaround artist. "The global economic landscape will be changed for at least a generation," the authors write. "Preparing for that eventuality now is essential." Perhaps because they have more to lose from not doing so, the cream of the crop has been better able to cope. Fifty-five percent of market...
...Some aspects of China's glimmers of economic turnaround do seem as though they might offer hope to the country's trading partners. Take car sales, which rose in March for the third straight month, once again making China the largest market for automobiles in the world, ahead of the U.S. Those statistics, you'd think, would bring a smile to the faces of executives at beleaguered American carmaker GM, whose success in China in recent years has been about the only bright spot in its funereal performance...
...Detroiters are optimistic that it's the beginning of a turnaround. "We think this will have a long-lasting effect for the city's economy," says Renee Monforton, communications director for the Detroit Metro Convention and Visitors Bureau. "The people who visit here will want to come back again, either as leisure tourists or for a meeting. And people watching on television will see Detroit as a viable place to live, work and visit...
...with an unassisted goal at the end of the third quarter to extend the lead to 14-2. Hull also added three assists to match Gibbons with a game-high six points. “I was pleased with the way guys responded, given that we had a quick turnaround after a disappointing and hard-fought game against Georgetown,” Crimson coach John Tillman said. Despite concerns that his squad was drained physically, Tillman stressed the importance of gaining an early advantage. “In college lacrosse you can see that one team can come through...