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Explores the differential effects of recession on public and private sector organizations in America, Europe, and Asia.
This book explores the differential effects of recession on public and private sector organizations in America, Europe, and Asia. In America, the last recession led private sector firms to lower their break-even points and the government to seek new sources of tax revenue. In Europe, both the public and private sector organizations focused on the outflow of jobs and the rise in unemployment due to high labor costs, high public support program costs, and the failure of the European Community to become a Common Market. In Asia, Japan underwent a large emigration of production offshore due to the high yen to dollar ratio, a lengthy recession, and a massive government aid program which failed. In Australia and China, the economies recovered from recession and both public and private sector organizations have designed new strategies to keep the economy moving.
"This is a unique text that not only discusses problems of recession, but also analyzes its impacts on industrial/organizational stability. It provides very useful answers on how to prevent recession from happening, and also on how to deal with it successfully if and whenever it occurs. Of particular importance is the role which communication—verbal and nonverbal, interpersonal and mass media—can (should) play to ensure intelligent and effective handling of recessions and their possible consequences." — Andrew A. Moemeka, editor of Communicating for Development: A New Pan-Disciplinary Perspective
Preface
1. Introduction: What Lessons Can Be Learned from Recession?
King, Sarah S., and Cushman, Donald P.
Section One: Lessons from America
2. Lessons In Mass Media Depletion of Economic Conditions during a Recession
Smith III, Ted J., and Lichter, S. Robert
3. Lessons from Benchmarking Downsizing in IBM
King, Sarah S., and Cushman, Donald P.
4. Lessons from Leading Organizational Turnaround at IBM
Cushman, Donald P., and King, Sarah S.
5. Lessons in Governmental Budgeting during Recession in the United States
Morris, Susanne
6. Lessons for Entirement: Strategies and Skills for Self-Management, Lifelong Development
Harrison, Randall
Section Two: Lessons from Europe
7. Lessons from Rethinking High-Speed Management: Successful Adaptation of American Theory to an European Company
Raimondi, Giuseppe
8. Lessons in Communicating Change In Transition: Some Dilemmas and Strategic Choices
Czynczyk, Artur, MacDougall, Robert, and Obloj, Krzysztof
9. Lessons from Recession in Central and Eastern Europe: From Survival to Continuous Improvement
Kozminski, Andrzej K.
10. Lessons in How Recession Taught Organizations to Communicate
Quirke, Bill
Section Three: Lessons from Asia
11. Lessons from Japanese Multinationals and Japan's Government
Cushman, Donald P., and King, Sarah S.
12. Lessons in Marketing Strategies during Recession from High-Speed Management to Sun Tzu's Art of War
Martin, Ernest F., Jr.
13. Lessons in Managing Government Competitiveness
Cullen, Ron
14. Lessons in Government Communication Strategies of Best Practices in Australia
Johnston, Robyn
References
Contributors
Index