Most Active Articles 2009-11-26T04:52:16.777-05:00 Business Exchange Business_Exchange@businessweek.com urn:com:businessweek:bx:topic:most-active:global-recession mahendra dash mdash573 urn:com:businessweek:bx:article:11019336133908012981-d9064995ae470c5de1d9155cb8b00304 2009-11-26T00:30:47.332-05:00

If everyone has worked hard and you’ve had a successful year, pull out all the stops. Lavish entertainment to reward employees and express appreciation to clients is perfectly in order when you’ve earned it. It’s important to reward efforts, build skills and boost morale. The key is to gear the spending to organizational performance. However, when a company is in trouble, more money should be spent on resolving business issues than on entertainment and recreation. Far too often, it’s the reverse.

If everyone has worked hard and you’ve had a successful year, pull out all the stops. Lavish entertainment to reward employees and express appreciation to clients is perfectly in order when you’ve earned it. It’s important to reward efforts, build skills and boost morale. The key is to gear the spending to organizational performance. However, when a company is in trouble, more money should be spent on resolving business issues than on entertainment and recreation. Far too often, it’s the reverse. http://executiveoasis.wordpress.com/2009/03/13/rewarding-and-entertaining-your-team-even-during-tough-times/ Anne Thornley-Brown athornleybrown507 0 0 0 0 urn:com:businessweek:bx:article:1665789965240906875-8dfc2933119b307881a837140fb56fe0 2009-11-25T15:29:16.704-05:00

Whenever there is an economic meltdown, one of the first things that many companies cut is non-cash incentives such as incentive travel. This is short sighted. When times are tough, it’s much more difficult for your team members to “make their numbers". Therefore, it’s even MORE important than EVER to have strong incentives to motivate your team and reward top performers.

Whenever there is an economic meltdown, one of the first things that many companies cut is non-cash incentives such as incentive travel. This is short sighted. When times are tough, it’s much more difficult for your team members to “make their numbers". Therefore, it’s even MORE important than EVER to have strong incentives to motivate your team and reward top performers. http://executiveoasis.wordpress.com/2009/02/04/incentive-travel-during-a-recession-the-benefits/ Anne Thornley-Brown athornleybrown507 0 0 0 0 urn:com:businessweek:bx:article:878530826302620403-c07db82a9bb801eb361c3f56182cc463 2009-11-25T15:06:12.557-05:00

The economy has experienced rollercoaster like fluctuations since 2001, it boggles my mind what some organizations are still doing in the name of team building. Many have focused on activities that deliver little in terms of bottom line value.Eventually, value added approaches have been eliminated along with the frivolity.

The economy has experienced rollercoaster like fluctuations since 2001, it boggles my mind what some organizations are still doing in the name of team building. Many have focused on activities that deliver little in terms of bottom line value.Eventually, value added approaches have been eliminated along with the frivolity. http://corporateteambuilding.wordpress.com/2009/02/01/why-companies-are-cutting-team-building/ Anne Thornley-Brown athornleybrown507 1 0 0 1 urn:com:businessweek:bx:article:9266774243786132280-f238183085b66814b239bf020f2a949d 2009-11-25T15:05:40.017-05:00

For companies that are doing well, it is still possible to have it all. If your organization is facing challenges, it’s time to take stock and re-visit your company’s approach to team building. It’s important to avoid the mistakes that some of the companies receiving bailout money made. It’s been all over the media. Instead of focusing on resolving their issues, some of these companies have continued to spend money for expensive events, trips, and lavish entertainment. Companies that are facing financial challenges can avoid similar embarrasment. It’s possible to provide team building that has bottom line value, save money and still have fun doing it.

For companies that are doing well, it is still possible to have it all. If your organization is facing challenges, it’s time to take stock and re-visit your company’s approach to team building. It’s important to avoid the mistakes that some of the companies receiving bailout money made. It’s been all over the media. Instead of focusing on resolving their issues, some of these companies have continued to spend money for expensive events, trips, and lavish entertainment. Companies that are facing financial challenges can avoid similar embarrasment. It’s possible to provide team building that has bottom line value, save money and still have fun doing it. http://corporateteambuilding.wordpress.com/2009/02/05/stretching-your-team-building-budget-during-a-recession/ Anne Thornley-Brown athornleybrown507 0 0 0 0 urn:com:businessweek:bx:article:13114951649191709514-d621428ebb82ce42a9196d3b2a647008 2009-11-19T14:34:56.819-05:00

Overall industrial production would have fallen except for a 1.6 percent surge for utilities. The Bankers Conference Board reports its index of leading economic indicators, which forecasts activity over the next six months into 2010, rose 0.3 percent last month, less than the 0.5 percent gain economists anticipated. The Mortgage Bankers Association nnounced more than 14 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of September. Read Full Article Reports...

Overall industrial production would have fallen except for a 1.6 percent surge for utilities. The Bankers Conference Board reports its index of leading economic indicators, which forecasts activity over the next six months into 2010, rose 0.3 percent last month, less than the 0.5 percent gain economists anticipated. The Mortgage Bankers Association nnounced more than 14 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of September. Read Full Article Reports... http://www.fastcompany.com/blog/mr-rickman/sustainable-business-news-services/us-economic-data-reports-flat-2010-market James Rickman jrickman047 5 5 0 0 urn:com:businessweek:bx:article:14490566486740370927-32d8c84bb5f9ed8e0cd51ffeef3e8672 2009-11-12T09:36:22.217-05:00

The recovery (albeit jobless) is happening sooner than almost anyone thought.

The recovery (albeit jobless) is happening sooner than almost anyone thought. http://www.infosysblogs.com/thinkflat/2009/04/the_world_economy_clear_skies.html Sachin Palekar spalekar882 20 20 0 0 urn:com:businessweek:bx:article:5838334997546622311-54b0bfff3a5ee696b5d8e7546465e845 2009-11-17T07:21:17.629-05:00

Phil Searle, Advisory Board Member for the SSON, asks Jim Ward,Vice President Shared Services International at Eaton, about Eaton's SSC in Glasgow, Scotland- specifically how the current recession has presented both challenges and opportunities

Phil Searle, Advisory Board Member for the SSON, asks Jim Ward,Vice President Shared Services International at Eaton, about Eaton's SSC in Glasgow, Scotland- specifically how the current recession has presented both challenges and opportunities http://www.ssonetwork.com/my-account-login.aspx?redirecturl=/topic_detail.aspx?id=5816&ekfrm=6&prem=1&utm_source=ssonetwork.com&utm_medium=SMO&utm_campaign=BXCHANGE&utm_content=11_17_2009&mac=SSON_Ext_SMOQ409 Chris Gayner cgayner561 4 4 0 0 urn:com:businessweek:bx:article:521091144210834014-eb648c12b9d3ea01c6782d0af9970f2f 2009-10-29T09:15:20.745-04:00

Oct. 29 (Bloomberg) -- The U.S. economy grew in the third quarter for the first time in more than a year, propelled by stimulus-driven gains in consumer spending and home building. The world’s largest economy expanded at a 3.5 percent pace from July...

Oct. 29 (Bloomberg) -- The U.S. economy grew in the third quarter for the first time in more than a year, propelled by stimulus-driven gains in consumer spending and home building. The world’s largest economy expanded at a 3.5 percent pace from July... http://www.bloomberg.com/apps/news?pid=20601087&sid=aL3jHqTqtocU Gopal Pillai gpillai453 29 27 0 2 urn:com:businessweek:bx:article:13180573708847509042-5fce09f61f3738268933ddf43e612d59 2009-03-19T02:10:57.798-04:00

A comprehensive comparison study between 1929 great recession and this recession. The author concludes that extreme inequality in capital market and inapproriate economic policy by the US government are real causes for this global recession and the great depression in the 1920's.

A comprehensive comparison study between 1929 great recession and this recession. The author concludes that extreme inequality in capital market and inapproriate economic policy by the US government are real causes for this global recession and the great depression in the 1920's. http://www.amlinkint.com/English/global_recession_cause.html Jonathan Wang jwang145 450 439 6 5 urn:com:businessweek:bx:article:12800882624570034473-c8df262b9954aa307ed885b4b3715be1 2009-10-30T08:11:24.848-04:00

http://www.computerworld.com/s/article/9140143/IT_employment_may_be_stabilizing_after_loss_of_250_000_jobs Sharon Machlis smachlis691 6 6 0 0 urn:com:businessweek:bx:article:2864485190504060125-fbe2b52dd43e640033190092d337f89d 2009-10-09T17:45:55.199-04:00

Love him or hate him, Michael Moore’s new film, “Capitalism: A Love Story,” has people talking about the fundamental flaws and values of our economic system. In this edition of Drucker Apps, you’ll find tools to help you understand how capitalism is...

Love him or hate him, Michael Moore’s new film, “Capitalism: A Love Story,” has people talking about the fundamental flaws and values of our economic system. In this edition of Drucker Apps, you’ll find tools to help you understand how capitalism is... http://www.druckerinstitute.com/druckerapps/20091009/index.html Drucker Institute dinstitute587 11 11 0 0 urn:com:businessweek:bx:article:1463043048875493741-fb471d25f45e1bc929af4948ec7b90f3 2009-09-26T12:58:40.536-04:00

For all the debates over what the Great Recession means for the global political economy, there does appear to be consensus on one point: China has had a very good year. In response to the economic crisis, China deployed massive fiscal boosts,...

For all the debates over what the Great Recession means for the global political economy, there does appear to be consensus on one point: China has had a very good year. In response to the economic crisis, China deployed massive fiscal boosts,... http://twurl.nl/23l3p5 Ray Kwong rkwong113 19 18 1 0 urn:com:businessweek:bx:article:15006527603654539327-a41df3ff90a5d399e07dc428b41c858e 2009-10-14T08:06:54.555-04:00

Today's financial and economic tribulations were a long time in the making.

Today's financial and economic tribulations were a long time in the making. http://www.coachingtip.com/2009/10/did-you-see-this-economic-depression-coming.html John Agno jagno444 14 13 0 1 urn:com:businessweek:bx:article:18247875872669122596-c57192c70f392e3799cd5f34fef49d97 2009-10-22T10:35:49.642-04:00

MONDAY, OCTOBER 19TH, 2009 AT 6:00 PM President’s Economic Recovery Advisory Board Public Meeting Posted by President's Economic Recovery Advisory Board The President’s Economic Recovery Advisory Board will hold its next public meeting on November...

MONDAY, OCTOBER 19TH, 2009 AT 6:00 PM President’s Economic Recovery Advisory Board Public Meeting Posted by President's Economic Recovery Advisory Board The President’s Economic Recovery Advisory Board will hold its next public meeting on November... http://www.whitehouse.gov/blog/PERAB-Public-Meeting/ mahendra dash mdash921 3 2 0 1 urn:com:businessweek:bx:article:13865807473747738744-8d5746ca663350bb3d584a7613c60ed2 2009-01-04T10:37:09.224-05:00

New York Times magazine cover story: how the best Wall Street minds and their best risk-management tools failed to see the crash coming.

New York Times magazine cover story: how the best Wall Street minds and their best risk-management tools failed to see the crash coming. http://www.nytimes.com/2009/01/04/magazine/04risk-t.html Shirley Brady sbrady224 126 122 3 1 urn:com:businessweek:bx:article:8278199241011916503-4c3014d41073a3eb4a7568f1bcb2159a 2009-01-26T16:18:01.809-05:00

An interactive graphic from the NYT on how the Government Dealt With Past Recessions Since the Great Depression, presidents have frequently experimented with Keynesian economics to combat recessions. Three economists chronicle the history of government policy during past recessions and...

An interactive graphic from the NYT on how the Government Dealt With Past Recessions Since the Great Depression, presidents have frequently experimented with Keynesian economics to combat recessions. Three economists chronicle the history of government policy during past recessions and... http://www.nytimes.com/interactive/2009/01/26/business/economy/20090126-recessions-graphic.html?hp John A. Byrne jbyrne076 93 92 1 0 urn:com:businessweek:bx:article:18054194363616060521-811fc19e9f52b29f0bb71faf7c728635 2009-01-22T00:47:00.000-05:00

our clients), this will be the worst U.S. recession in the last 50 years--and the worst synchronized global recession in decades. For a few weeks since late November, equity markets ignored the onslaught of much-worse-than-expected macro news (and all

our clients), this will be the worst U.S. recession in the last 50 years--and the worst synchronized global recession in decades. For a few weeks since late November, equity markets ignored the onslaught of much-worse-than-expected macro news (and all http://c.moreover.com/click/here.pl?r1782025091&f=9791 93 91 1 1 urn:com:businessweek:bx:article:3398234114696912238-9ddda8e4ee731b98b6476d2f755d7ff7 2009-09-10T10:48:07.157-04:00

Inside the Creative Class: A Closer Look at U.S. Unemployment Rates September 10, 2009 The effects of an economic downturn are felt unequally by different groups, a phenomenon we have examined in earlier Insights (see Unemployment on the rise: Who’s...

Inside the Creative Class: A Closer Look at U.S. Unemployment Rates September 10, 2009 The effects of an economic downturn are felt unequally by different groups, a phenomenon we have examined in earlier Insights (see Unemployment on the rise: Who’s... http://martinprosperity.org/insights/insight/inside-the-creative-class-a-closer-look-at-us-unemployment-rates Ken McGuffin kmcguffin042 8 5 2 1 urn:com:businessweek:bx:article:4334262504627296523-268d4a3ada38028da3d4c283d56ce54a 2008-11-17T12:00:00.000-05:00

The financial ills that began in August 2007 metastasized sometime over the past few months into an economic contraction. The exact moment is unknown, but there's no mistaking the trend now. The only question is whether the global economy overall will suffer a recession. The risk

The financial ills that began in August 2007 metastasized sometime over the past few months into an economic contraction. The exact moment is unknown, but there's no mistaking the trend now. The only question is whether the global economy overall will suffer a recession. The risk http://seekingalpha.com/article/106367-the-perfect-storm-heading-toward-global-recession?source=feed 120 119 1 0 urn:com:businessweek:bx:article:5642713136346328480-2c413f77bedac6ee13a9381d595de13c 2009-10-11T22:37:51.130-04:00

Light at the end of a tunnel The economy will recover. Someday. Many measures have been taken to help boost the economic recovery, but evidence of a struggling economy continues to surround those in the business community, job seekers, and families...

Light at the end of a tunnel The economy will recover. Someday. Many measures have been taken to help boost the economic recovery, but evidence of a struggling economy continues to surround those in the business community, job seekers, and families... http://www.noobpreneur.com/2009/10/10/good-news-the-government-says-the-recession-is-overwhat/ Ivan Widjaya iwidjaya482 6 6 0 0 urn:com:businessweek:bx:article:3202402949660761234-62acd075260746374e144fb72fe0536f 2009-05-06T11:48:42.279-04:00

I’m telling people, including some businessmen who are my friends, what this global economic crisis was caused by too much greed, speculation, and hypocrisy--not being transparent.

I’m telling people, including some businessmen who are my friends, what this global economic crisis was caused by too much greed, speculation, and hypocrisy--not being transparent. http://www.businessweek.com/globalbiz/blog/globespotting/archives/2009/05/the_dalai_lama.html?chan=top+news_top+news+index+-+temp_global+business Michelle Lockett mlockett714 37 34 0 3 urn:com:businessweek:bx:article:17774408697439928747-50e89045c06eac897e0f36624c0d70c6 2009-10-20T12:32:54.623-04:00

Friday morning's announcement of weak third-quarter earnings—including a loss and missed forecasts—marks yet another blow for beleaguered Bank of America. But CEO Ken Lewis may have had a quieter than usual morning, as attention was not directed at...

Friday morning's announcement of weak third-quarter earnings—including a loss and missed forecasts—marks yet another blow for beleaguered Bank of America. But CEO Ken Lewis may have had a quieter than usual morning, as attention was not directed at... http://www.newsweek.com/id/218061?from=rss mahendra dash mdash921 0 0 0 0 urn:com:businessweek:bx:article:13572869147430104364-eb7269d32df7d6ad04ba7cf8be683ded 2008-12-01T13:37:11.996-05:00

The nonpartisan U.S. National Bureau of Economic Research, charged with making the call for the history books, finally made it official today.

The nonpartisan U.S. National Bureau of Economic Research, charged with making the call for the history books, finally made it official today. http://www.nytimes.com/2008/12/02/business/02markets.html Shirley Brady sbrady224 85 80 3 2 urn:com:businessweek:bx:article:6539272258336588879-b22484f00caf1b944cb72180c6e3be1a 2009-09-28T04:37:49.121-04:00

Quote: Strauss-Kahn told a press conference after the G-20 summit that the IMF’s role in helping to combat the global economic crisis and reinforce the financial system had been reaffirmed in a variety of ways. • Economic forecaster. IMF economic forecasts were now the central reference point for countries planning how to respond to the crisis. The IMF is forecasting that the global economy will recover in 2010, but only if the right policy actions, including a coordinated fiscal stimulus, are taken. • Policy advisor. The IMF has been outspoken during the crisis in pressing for a coordinated response to the crisis through cuts in interest rates, big increases in government spending, cleaning up the financial sector, and bolstering regulation. The IMF had become a partner for governments to discuss policies and help them analyze what policy responses to the crisis would work. • Economic surveillance. The IMF will monitor policy implementation by governments around the world and has been asked to beef up early warning systems, along with the Financial Stability Forum. “We call on the IMF to assess regularly the actions taken and the global actions required,” the G-20 communiqué said. Strauss-Kahn said the IMF has a unique capacity to analyze the relationships between financial markets and the real economy, with a global perspective given its membership. “Our global and country monitoring procedures are being sharpened, including with a new mechanism for early warnings,” he stated. • Global lender. The resources the IMF has to support its members will be tripled to $750 billion, including $100 billion each from Japan and the European Union. The IMF will use the money to buttress countries affected by the global downturn. Strauss-Kahn pointed to Mexico, which is seeking $47 billion in a precautionary credit line from the IMF. He pointed to new changes in IMF lending policy to make it more flexible.

Quote: Strauss-Kahn told a press conference after the G-20 summit that the IMF’s role in helping to combat the global economic crisis and reinforce the financial system had been reaffirmed in a variety of ways. • Economic forecaster. IMF economic forecasts were now the central reference point for countries planning how to respond to the crisis. The IMF is forecasting that the global economy will recover in 2010, but only if the right policy actions, including a coordinated fiscal stimulus, are taken. • Policy advisor. The IMF has been outspoken during the crisis in pressing for a coordinated response to the crisis through cuts in interest rates, big increases in government spending, cleaning up the financial sector, and bolstering regulation. The IMF had become a partner for governments to discuss policies and help them analyze what policy responses to the crisis would work. • Economic surveillance. The IMF will monitor policy implementation by governments around the world and has been asked to beef up early warning systems, along with the Financial Stability Forum. “We call on the IMF to assess regularly the actions taken and the global actions required,” the G-20 communiqué said. Strauss-Kahn said the IMF has a unique capacity to analyze the relationships between financial markets and the real economy, with a global perspective given its membership. “Our global and country monitoring procedures are being sharpened, including with a new mechanism for early warnings,” he stated. • Global lender. The resources the IMF has to support its members will be tripled to $750 billion, including $100 billion each from Japan and the European Union. The IMF will use the money to buttress countries affected by the global downturn. Strauss-Kahn pointed to Mexico, which is seeking $47 billion in a precautionary credit line from the IMF. He pointed to new changes in IMF lending policy to make it more flexible. http://www.imf.org/external/pubs/ft/survey/so/2009/NEW040309A.htm mahendra dash mdash921 2 1 0 1 urn:com:businessweek:bx:article:8521162507001896147-f644d05c8b0ff72e21a8126df43beba7 2009-08-21T13:50:27.571-04:00

Quote: In normal recessions, however disruptive they are to businesses and jobs, things turn around predictably. The current global recession is far from normal. Usually, to fight a recession, the central bank lowers interest rates, which results in increased demand and output. People resume buying durable goods such as appliances and cars. Firms start delayed investment projects. Often, an exchange rate depreciation gives a boost to exports by making them cheaper. The lower-than-normal growth during the recession gives way to higher-than-normal growth for some time, until the economy has returned to its normal growth path. But the world is not in a run-of-the mill recession. The turnaround will not be simple. The crisis has left deep scars, which will affect both supply and demand for many years to come. Olivier's article:The recovery has started. Sustaining it will require delicate rebalancing acts, both within and across countries

Quote: In normal recessions, however disruptive they are to businesses and jobs, things turn around predictably. The current global recession is far from normal. Usually, to fight a recession, the central bank lowers interest rates, which results in increased demand and output. People resume buying durable goods such as appliances and cars. Firms start delayed investment projects. Often, an exchange rate depreciation gives a boost to exports by making them cheaper. The lower-than-normal growth during the recession gives way to higher-than-normal growth for some time, until the economy has returned to its normal growth path. But the world is not in a run-of-the mill recession. The turnaround will not be simple. The crisis has left deep scars, which will affect both supply and demand for many years to come. Olivier's article:The recovery has started. Sustaining it will require delicate rebalancing acts, both within and across countries http://www.imf.org/external/pubs/ft/fandd/2009/09/blanchardindex.htm mahendra dash mdash921 7 4 2 1