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Post-recession corporations require 'new thinking'

13 August 2009

New thinking is required in many businesses in the UK as the economic recovery begins to take hold, according to a management expert.

Stefan Stern, writing for the Financial Times, has suggested that corporations require fresh executive perspectives as they rebuild their business strategies in a marketplace that differs from the one experienced before the recession.

Identifying that the crisis presents directors with an opportunity for a new way to conduct business, Mr Stern claimed that the period of an "unfettered market economy" has passed.

Executives with experience in interim management could become more in demand as a result of this alteration in business approach, as organisations seek focused and tenacious individuals to carry out their strategies.

Mr Stern wrote on the newspaper's website: "Behind all the hyperbolical language lies an obvious implication: 'business as usual' is not going to be a sensible or an adequate approach as companies start to rebuild."

Emotional intelligence, an enterprising mindset and the ability to operate in an alien environment are the skills required for successful interim executives, InterimCEO/InterimCFO suggested in June.

Categories: Board & CEO


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