Strategic planning is about preparing a business for the future. As we all know, a strategy should put a business in a position to maximally exploit potential chances and to minimize the damage of potential threats. We all witness the worst financial crisis most of us would have thought of in these days. We also [...]

The last two days can be described as a dramatic change in terms of the global financial crisis. Not so long ago – or to be more specific: last weekend – a liberal approach seem to rule governmental measures how to tackle the financial crisis. Lehman Brothers did not receive a public backup. But at [...]

Last we were informed about US government’s decision to rescue Freddie Mac and Fannie Mae. Both mortgage lenders are under special regulatory supervision now, the so called conservatorship. This event can be described in two sentences, but there are some major implications. We have found the following data that illustrate the size of this public [...]

In this post we will have a brief look at a specific phenomenon of strategic management. Turn back time is in interesting concept in terms of movies or sci-fi literature, but in terms of chosen strategic directions an easy way out often does not exist. So let’s look at this issue – given the example [...]