Recessions - Publications - Faculty & Research

18 Jun 2020
Research & Ideas

What Is an "Essential" Purchase for a Low-Income Family?

Congress approved a $2.2 trillion relief package to stave off what's predicted to be the deepest recession since the Great Depression. Yet, the results reveal a troubling pattern as policymakers, charities, non-government organizations,... View Details

Keywords: by Rachel Layne

14 Jan 2019
Op-Ed

These 4 CEOs Created a New Standard of Leadership

Four titans who defined a new era in business during the past decade recently concluded their terms: PepsiCo’s Indra Nooyi, Unilever’s Paul Polman, Mayo Clinic’s John Noseworthy, and US Bancorp’s Richard Davis. When they became CEOs, the Great View Details

Keywords: by Bill George; Health; Banking; Food & Beverage; Consumer Products

24 Feb 2016
Research & Ideas

Why It's Best to Take Tests Early in the Day

It also happens that most Danish students have scheduled breaks during the school day, typically just before 10 a.m. and noon, which last between 20 to 30 minutes. This gave the researchers a chance to gauge whether recess might thwart... View Details

Keywords: by Carmen Nobel; Education

09 Jul 2020
Research & Ideas

It’s Time to Reset Decision-Making in Your Organization

says. Porter provides the example of a company focused on high-end features and service that is tempted during a recession to cut back in response to a customer’s price concerns. This is the wrong move, he says. By cutting back on what... View Details

Keywords: by Boris Groysberg and Sarah Abbott

21 Aug 2013
Research & Ideas

What Went Wrong at J.C. Penney?

especially lower- and middle-income families, while the boutiques didn't want their brands diluted by discount pricing. The depths of the recession made this everyday-low-prices strategy difficult to carry out. Customer traffic dropped... View Details

Keywords: by Jim Aisner; Retail

16 Feb 2010
Research & Ideas

The Outside-In Approach to Customer Service

organization. Q: What are you working on now? A: I'm researching how companies can leverage adversity for advantage and come out of a recession stronger. Some of this research is featured in a forthcoming article titled "Roaring Out... View Details

Keywords: by Sarah Jane Gilbert; Consumer Products

16 Jul 2020
Research & Ideas

Restaurant Revolution: How the Industry Is Fighting to Stay Alive

real nice opportunities to keep some businesses alive that deserve to stay that way. We’re also seeing larger, high-quality organizations that have been wounded by this and need capital or want a little bit of a financial cushion to weather this.” Interestingly, during... View Details

Keywords: by Michael S. Kaufman, Lena G. Goldberg, and Jill Avery; Food & Beverage

08 Sep 2014
Research & Ideas

The Strategic Way To Hire a Sales Team

there were layoffs in sales (and other functions) throughout the recession starting in 2008. As firms seek to grow, putting more "feet on the street" (or in inside sales positions) increases hiring. And the math, as Jim Dickie... View Details

Keywords: by Carmen Nobel

25 Jan 2010
Research & Ideas

A Macroeconomic View of the Current Economy

figure out how to encourage households to increase their savings, especially once the recession is clearly behind us. I think that will have to be front and center. Also, once the recession is over, we'll... View Details

Keywords: by Sean Silverthorne

09 Jan 2020
Book

Rethinking Business Strategy in the Age of AI

strong, jobs have been created across the board, at least in the United States, and we haven’t seen any shrinkage in jobs. But what will happen when the next recession hits? When companies find they can do jobs faster by deploying... View Details

Keywords: by Dina Gerdeman

01 Nov 2022
Research & Ideas

A Penny for Your Thoughts? For Big-Picture Ideas, the Right Pay Structure Matters

findings are particularly relevant at a time when the economy is clouded by recession concerns and companies in industries across the world are searching for ways to instill a spirit of innovation, with Google expecting employees to spend... View Details

Keywords: by Scott Van Voorhis

25 Oct 2020
Research & Ideas

The Dark Side of Fintech Borrowing

now during the pandemic-induced historic recession as some borrowers struggle to repay and investors buying their loans become more difficult to find. “Many low-profitability, high-risk lending companies that came up in the last few years... View Details

Keywords: by Rachel Layne; Financial Services; Banking

09 Mar 2023
Blog Post

Where Will You Be in 30 Years: Behind the Scenes of the 5 Big Life Decisions Documentary

has also navigated difficult economic conditions at various stages throughout their careers. Recessions and crises of 1992, 2001, 2008, and 2020 all impacted alumni to varying degrees, but what Singer and Hackett found striking was how... View Details

Web

Baker Library / Bloomberg Center | About

Recession – led the city to record job growth. After leaving City Hall, he resumed leadership of Bloomberg L.P. and expanded his philanthropic work through Bloomberg Philanthropies. The Bloomberg Center at Baker Library is named for... View Details

09 Sep 2015
Research & Ideas

Leadership Lessons of the Great Recession: Options for Economic Downturns

of Cote and his leadership team and asks them to consider the choices they would have made in the face of the extreme uncertainty surrounding future business conditions in the fall of 2008. Cote joined Honeywell as CEO in 2002. The company was emerging from the 2001... View Details

Keywords: by Sandra Sucher & Susan Winterberg; Aerospace; Electronics

28 Nov 2005
Research & Ideas

Unilever: Transformation and Tradition

from a fast-growing "miracle" economy into one afflicted by recession and inflation. Unilever found itself burdened by low-margin businesses. The growing strength of European retailers and private labels undermined the... View Details

Keywords: by Geoffrey Jones; Consumer Products

01 Feb 1999
News

Too Much of a Good Thing?

overseas, trade friction, and government intervention. Recession - and fears of even worse - often follow. Forecasts and the Eye of the Beholder Lately, such repercussions have been felt around the world, particularly in Asia. Along with... View Details

Keywords: Garry Emmons

18 Dec 2017
Op-Ed

Why Employers Must Stop Requiring College Degrees For Middle-Skill Jobs

Credit: Pixsooz American companies have a problem. Over the past decade, they have begun to demand a bachelor’s degree in hiring workers for jobs that traditionally haven’t required one. This uptick in credentialing, or “degree inflation,” rested on the belief that... View Details

Keywords: by Joseph Fuller

10 Oct 2011
Research & Ideas

Retailing Revolution: Category Killers on the Brink

generally is at a tipping point, with category killers being the first significant casualties of the (r)evolution that is occurring. Retail store asset productivity has been in decline since the start of the recession in 2007, and we... View Details

Keywords: by Rajiv Lal & Jose B. Alvarez; Retail

16 Mar 2020
Research & Ideas

How the Coronavirus Is Already Rewriting the Future of Business

changes will play out after this public health emergency is behind us. In the past, companies have used the lessons learned during periods of disruption to improve their standard operating practices. For example, the great recession... View Details