Credit‐crisis “villains” brought to book

Strategic Direction - 2012

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PurposeThis article aims to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies.Design/methodology/approachThe briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.FindingsGraafland and Bert W van den Ven provide a sharp analysis of what caused the credit crisis and point the finger at those who are culpable. If anything, they are generous to the perpetrators, while making it clear they will have to be forced to change. Ready and Stecker Truelove's article offers a glowing endorsement of three current business success stories. It Is uncritical, but it Is good to see that these firms exist and that the art of good business practice still thrives. Taylor provides a comprehensive account of China's current standing in the wake of the credit crisis, including the issues that still need to be addressed if the nation is going to fulfill its potential and become the number economic super‐power.Practical implicationsThe article provides strategic insights and practical thinking that have influenced some of the world's leading organizations.Originality/valueThe 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.

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Tài liệu tham khảo

Graafland, J.J. and van den Ven, B.W. (2011), “The credit crisis and the moral responsibility of professionals in finance”, Journal of Business Ethics, Vol. 103 No. 4, November, pp. 605‐19, ISSN 0167‐4544.

Ready, D. and Stecker Truelove, E. (2011), “Purpose and power of collective ambition”, Business Strategy Review, Vol. 22 No. 3, pp. 17‐23, ISSN 0955‐6419.

Taylor, R. (2011), “International business in China vis‐à‐vis the global economic crisis: introduction”, Asia Pacific Business Review, Vol. 17 No. 4, pp. 403‐10, ISSN1360‐2381.

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Strategic Direction

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