The world is facing turbulence unprecedented since the early 1970s. A global economic slowdown, corporate scandals, collapsing stock prices, and conflict in the Middle East have collided to create a highly volatile macroeconomic cocktail.
The natural instinct might be to hunker down and ride out the storm. But McKinsey believes history and best practice teach us that far-sighted business leaders can actively manage the situation to sow the seeds of prosperity in times of economic turbulence.
Our knowledge feature, “Managing in Turbulent Times,” brings together our thinking at McKinsey on this topic. We invite you to read our opinions and insights in these interviews, articles, and special features.
The Pace of Change
Dick Foster This article argues that companies have to find ways to develop at the speed and scale of the markets without losing control of their destiny.
McKinsey Quarterly, 2002, Number 2 Risk and Resilience New-venture units have evolved from catchall centers of entrepreneurial activity into focused organizations that are realizing their potential for promoting and delivering growth.
