Building solid foundations: Sustainable growth in a post‐crisis world

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

Given its severity, it is hardly surprising that the recent worldwide recession continues to be the focal point of much analysis. Financial meltdown together with the crumbling of asset markets and world trade ensured that few economies escaped its destructive effects. But many bailouts and fiscal stimulus packages later, it would seem that the recovery is finally under way. That stock markets are becoming vibrant provides some indication that a more confident outlook is starting to prevail. However, failure to impose adequate regulation on financial practices has led to a growing willingness among speculators to once again engage in risk‐laden behaviors widely blamed for triggering such devastation in the first place. Given these and other inadequacies, a compelling argument exists for an alternative growth model that better serves developing economies. At its core should be a desire to restructure so that more democratic and sustainable economic relations can emerge.

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

(2011), "Building solid foundations: Sustainable growth in a post‐crisis world", Strategic Direction, Vol. 27 No. 3, pp. 25-28. https://doi.org/10.1108/02580541111109615