Managing in high volatile times
No sooner is one crisis over than the next one begins. Never before have companies been less sure of what's going on in the world, never have their businesses been so complex, never have forecasts been so wrong so often.
There are currently an estimated one million trained economists on the planet – and not one of them was able to predict the timing of the financial crisis and its disastrous consequences. Is management becoming the art of the impossible?
There are ways to prepare for the unforeseeable, even in highly volatile times. But which way is the right way?
A new issue of COO Insights published by Partners Thomas Rinn and Martin Erharter from our global Operations Strategy CC, poses this very question. The authors spoke to researchers and managers who deal with volatility, both as an academic and an everyday managerial phenomenon.