As the world is currently in the midst of financial and economic crises this collection of
expert contributions focuses on strategy formation and implementation at various organizational
levels to address the challenges ahead. The latest economic turmoil and its ongoing impact on
business performance are compelling top managers to develop effective business strategies and
redefine the boundaries of their operational and strategic activities. On one hand tremendous
challenges in the competitive business environment have become a source of global threats for
many small entrepreneurs. On the other investors faced with today's volatile economic
conditions demand more gains on their capital investments to counter-balance the growing risk
of global threats. This book explores the question as to whether it is possible to efficiently
and effectively address these threats and obstacles. Are managers capable of planning and
implementing strategic actions? What should the major managerial strategy be in order to
overcome fluctuations in a market-oriented society? The strategies and practices recommended
here are aimed to design continuous development competencies and contribute to the stability
recovery and sustainability of global business operations under volatile economic conditions.
This refreshingly novel book seeks to establish managerial strategies and practices for
effectively responding to challenges in the competitive business environment as global
volatility and fluctuations continue to worsen.
