Crisis? What crisis? Learning the lessons of detecting financial meltdown

Abstract

Purpose

Reviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

It is late 2008 and the financial systems of the world are in meltdown. Sub‐prime mortgages in the USA have gone bad, the big banks are being propped up by governments, consumer demand has plummeted and the first crisis of the global age is dawning with a vengeance. There are a lot of revered voices pontificating on what went wrong, who was wrong and what will go wrong in the future, but the damage has been done.

Practical implications

Provides strategic insights and practical thinking that have influenced some of the world's leading organizations.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.

Citation

(2009), "Crisis? What crisis? Learning the lessons of detecting financial meltdown", Strategic Direction, Vol. 25 No. 5, pp. 18-20. https://doi.org/10.1108/02580540910952055