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Authors: Darrell K Rigby
Chapter from: "Winning in Turbulence"
Published by: Harvard Business Publishing
Published in: 2009

Abstract

Who's got time to worry about building a stronger organization when most companies are just trying to figure out how to survive the downturn? But in fact, this is exactly the time when leaders need to ensure their organizations are performing well, so that important decisions get made and executed quickly and effectively. The fact is, strengthening the organization is one of the most powerful levers any company can pull to improve its performance in a downturn. This chapter asks the questions that every company must answer in order to identify the most critical decisions to be made, help leaders focus their efforts where they will have the most impact in a downturn, and position the company to accelerate when the economy turns around. This chapter is excerpted from ‘Winning in Turbulence'.

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Abstract

Who's got time to worry about building a stronger organization when most companies are just trying to figure out how to survive the downturn? But in fact, this is exactly the time when leaders need to ensure their organizations are performing well, so that important decisions get made and executed quickly and effectively. The fact is, strengthening the organization is one of the most powerful levers any company can pull to improve its performance in a downturn. This chapter asks the questions that every company must answer in order to identify the most critical decisions to be made, help leaders focus their efforts where they will have the most impact in a downturn, and position the company to accelerate when the economy turns around. This chapter is excerpted from ‘Winning in Turbulence'.

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