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Chaotics : The Business of Managing and Marketing in the Age of Turbulence

ISBN: 9780814415214 | 0814415210
Format: Hardcover
Publisher: Amacom Books
Pub. Date: 5/15/2009

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SummaryTable of ContentsAuthor Biography
We have entered into an entirely new era, an age of increasingly frequent and intense periods of turbulence in the global economy. Unlike past recessions, today's crises have precipitated a need for businesses to develop a new mindset, one that takes into account intermittent periods of disturbance, allowing them to thrive while under the constant threat of chaos. Chaoticspresents a revolutionary set of guidelines designed to help businesses: detect sources of turbulence prepare scenarios predict resulting vulnerabilities and opportunities deve... MORE
Prefacep. vii
Introductionp. 1
The World Has Entered a New Economic Stage
FROM NORMALITY TO TURBULENCEp. 5
What Is Market Turbulence?p. 12
Factors that Can Cause Chaosp. 18
Conclusionp. 41
Management's Wrong Responses To Turbulence
NOW Become Dangerousp. 45
Resource Allocation Decisions that... MORE
Undermine Core Strategy and Culturep. 51
Across-the-Board Spending Cuts versus
Focused and Measured Actionsp. 53
Quick Fixes to Preserve Cash Flow
Putting Key Stakeholders at Riskp. 56
Reducing Marketing, Brand, and
New Product Development Expensesp. 57
Declining Sales and Price Discountingp. 60
Decoupling from Customers by
Reducing Sales-Related Expensesp. 62
Cutting Back on Training and Development
Expenses in Economic Crisesp. 63
Undervaluing Suppliers and Distributorsp. 64
Conclusionp. 69
the Chaotics Model: Managing Vulnerability and Opportunityp. 71
Constructing an Early-Warning System (EWS)p. 81
Construction of Key Scenariosp. 89
Scenario and Strategy Selectionp. 98
Conclusionp. 102
Designing Management Systems for Resiliencep. 103
The Chaotics Management System108
Finance and Information Technologyp. 112
Manufacturing/Operationsp. 122
Purchasing/Procurementp. 129
Human Resourcesp. 134
Conclusionp. 138
Designing Marketing Systems for Resiliencep. 141
Common Marketing Reactions to Crisesp. 145
Strategic Marketing Responses to Crisesp. 150
Operational Issues Facing the Marketing Departmentp. 157
Operational Issues Facing the Sales Departmentp. 162
Conclusionp. 166
Thriving in the Age of Turbulence
Achieving Business Enterprise Sustainabilityp. 169
Business Enterprise Sustainabilityp. 172
Conclusionp. 190
Notesp. 193
Indexp. 205
Table of Contents provided by Publisher. All Rights Reserved.

PHILIP KOTLER (Evanston, IL) is one of the world’s foremost experts

on the strategic practice of marketing, voted the first Leader in

Marketing Thought by the American Marketing Association. He

is the S. C. Johnson Distinguished Professor of International

Marketing at the Kellogg School of Management at

Northwestern University, and the author of many influential

books, including Marketing Management. JOHN A. CASLIONE (Lake

Forest, IL) is a highly sought after expert who has executed

global business development strategies in 87 countries on six

continents. He is the founder, President, and CEO of the global

mergers and acquisitions advisor GCS Business Capital LLC.



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