This is a recording about what to do while managing in turbulent times. The narrator states that more than in other times, fundamentals of liquidity, productivity and the costs of the future have to be managed well for tomorrow. It is important to learn to distinguish between healthy growth and just putting on fat, understand and exploit the new realities, avoid going along with all the certainties of yesterday, and adjust figures for inflation. The narrator explores several crucial questions for keeping a business functioning through turbulent times. What is the meaning of value for our customers? What is the market for our customers, both currently and for the future? What strengths will be needed in the future? When and how should a business diversify? How should performance be measured?
Drucker, Peter F. (Peter Ferdinand), 1909-2005 Management Executives Inflation (Finance) Money Accountants Stock exchanges General Electric Company Johnson & Johnson Economists Automation Resource allocation Farms Business Profit Cost Budget Technological innovations Technology Forecasting Steel industry and trade Corporations Markets Strategy Leadership Demography Diversification in industry Skills for success Performance Decision making Promotions Labor Shoes Multinational corporations Innovation
Source
MiniDisc: Fasttrack MTT Feb 1989; Box 89, minidiscs and floppies
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