The new normal - The McKinsey Quarterly - The new normal - Strategy - Strategic Thinking

The new normal - The McKinsey Quarterly - The new normal - Strategy - Strategic Thinking

The new normal
The business landscape has changed fundamentally; tomorrow’s environment will be different, but no less rich in possibilities for those who are prepared.
MARCH 2009 • Ian Davis

EXCERPTS:

This short essay by McKinsey’s worldwide managing director, Ian Davis, is a Conversation Starter, one in a series of invited opinions on topical issues.

Read the original essay, then see what readers had to say.

It is increasingly clear that the current downturn is fundamentally different from recessions of recent decades. We are experiencing not merely another turn of the business cycle, but a restructuring of the economic order.

Read full article: http://www.mckinseyquarterly.com/Strategy/Strategic_Thinking/The_new_normal_2326
***********************************************************************
This posting was made my Jim Jacobs, President & CEO of Jacobs Executive Advisors. Jim also serves as Leader of Jacobs Advisors' Insurance Practice.