Table of Contents

Chapter 1: The World Has Entered a New Economic Stage: From Normality To Turbulence

  • From Normality to Turbulence
  • What is Market Turbulence?
    • Factors that Can Cause Chaos
    • Technological Advances and the Information
    • Revolution
    • Disruptive Technologies and Innovations
    • The “Rise of the Rest”
    • Hypercompetition
    • Sovereign Wealth Funds
    • The Environment
    • Customer and Stakeholder Empowerment
  • Conclusion

Chapter 2: Management’s Wrong Responses to Turbulence Now Become Dangerous

  • Resource Allocation Decisions that Undermine Core
  • Strategy and Culture
  • Across-the-Board Spending Cuts versus Focused and Measured Actions
  • Quick Fixes to Preserve Cash Flow Putting Key Stakeholders at Risk
  • Reducing Marketing, Brand and New Product Development Expenses
  • Declining Sales and Price Discounting
  • Decoupling from Customers by Reducing Sales-Related Expenses
  • Cutting Back on Training and Development Expenses in Economic Crises
  • Undervaluing Suppliers and Distributors
  • Conclusion

Chapter 3: The Chaotics Model: Managing Vulnerability and Opportunity

  • Constructing an Early Warning System (EWS)
  • Construction of Key Scenarios
  • Scenario and Strategy Selection
  • Conclusion

Chapter 4: Designing Management Systems for Resilience

  • The Chaotics Management System
  • Finance and Information Technology
    • Finance
    • Information Technology
  • Manufacturing / Operations
  • Purchasing / Procurement
  • Human Resources

Chapter 5: Designing Marketing Systems for Resilience

  • Common Marketing Reactions to Crises
  • Strategic Marketing Responses to Crises
  • Operational Issues Facing the Marketing Department
    • Market Research
    • Products
    • New Product Introductions
    • Service
    • Advertising
    • Pricing
    • Margins
    • Distribution
  • Operational Issues Facing the Sales Department
  • Conclusion

Chapter 6: Thriving in the Age of Turbulence: Achieving Business Enterprise Sustainability

  • Enterprise Sustainability
  • Business Enterprise Sustainability
    • Pricing
    • Dual Vision
    • Triple Planning
    • Company Reputation
    • Customer Enthusiasm and Advocacy
    • Characteristics of Companies that Have Lived a Long Life
    • Corporate Social Responsibility (CSR) and Ecological Sustainability (ES)
    • Ethical and Authentic Behavior
  • Conclusion
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