HBR's 10 Must Reads for Executives 8-Volume Collection

Roaring Out of Recession

by Ranjay Gulati, Nitin Nohria, and Franz Wohlgezogen

GREAT LEADERS KNOW that how they fight a war often decides whether they will win the peace. Yet as CEOs continue to combat the myriad challenges thrown up by the Great Recession of 2007, they are increasingly unsure about what strategic approaches to deploy. Many worry that the 27-month slowdown is far from over in the United States. Others feel that although a recovery may have begun, it could prove to be short-lived, and they would do well to brace for a double-dip recession. Almost all business leaders reluctantly admit that the current crisis also marks an inflection point: The world after it is unlikely to resemble the one before it. Their priority, when they ...