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Our research reveals that the market can spot good management. Savvy executives change their company's competitive position and create value by managing downturns effectively. How do they do this? Winning companies use a downturn to:
Many companies are also facing pressure to manage, retain and develop their workforces effectively during the economic downturn. A critical lesson learned from the 1990s recession is that organizations that acted proactively to transform the management of their workforces produced better returns on investment once the economy recovered.
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