Strategic Direction

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 – In the turmoil in global markets witnessed in the Fall of 2008, there have been several individuals and bodies that have come to the fore and played central roles in the crisis. The UK Prime Minister was hailed as a savior by politicians, commentators and even Nobel Prize-winning economists for his and the UK Treasury's leadership, while the US Treasury Secretary Henry Paulson and the Federal Reserve have been seen as slow, but nevertheless pivotal in their dealings. However there seems to be something missing: where are the global institutions that should be taking the lead and sorting out such crises as this?

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.