Management Tools and Trends 2009
Bain Brief 5/29/2009
by Darrell Rigby and Barbara Bilodeau
Bain & Company has been conducting global Management Tools and Trends surveys since 1993. Never before have we surveyed executives during a period of such economic turbulence. It is a sign of the times that a cost-cutting tool - Benchmarking - has become the most popular tool for the first time in 11 years. The latest questionnaire was conducted in January 2009 and reflects behavior in 2008. It was completed by 1,430 international executives from companies in a broad range of industries and focuses on 25 tools. Their answers provide insights into how they think their companies are performing in the downturn and where they believe their organizations ultimately are headed.
Is your board working?
Bain Brief 5/7/2009
by Vivek Gambhir, Ashish Singh and Karan Singh
Strong boards can help companies avoid trouble by making the right decisions at the right time. Boards that play their role well help companies go from strength to strength, over long periods of time, despite disruptive forces like competition, technology or economic turbulence. Indian boards need to focus on strategy--and raise corporate governanace standards--to be effective.
Pulling away: managing and sustaining change
Bain Brief 4/23/2009
by Miles Cook
Over the next year or two, companies will face substantial challenges. As the recession deepens, the battlefield will shift from great ideas and strategies to strongest execution. The companies that will prove to be successful will be equipped with action plans grounded in practical targets and tools to overcome key obstacles and inefficiencies.
Purchasing power: finding quick cash and building long-term capabilities
Bain Brief 4/1/2009
by Carlos Niezen and Wulf Weller
Finding cost savings in purchasing is a great way to generate quick cash. The trouble is, in economic downturns, most companies struggle to balance finding short-term cash with building long-term capability. Too often companies think they need to choose between these two goals, but there is another way.
Bringing pharma R&D back to health
Bain Brief 3/30/2009
by Patrick O'Hagan and Charles Farkas
Pharma companies have tried to resuscitate innovation recently. The old approach to R&D is no longer an option, but every step forward will be challenging. A successful transition to a better, returns-driven approach depends on the right leadership.
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