Page 172 - Accelerating out of the Great Recession
P. 172
CHAPTER 6
A NEW MANAGERIAL
MIND-SET
The world has entered a tough period. As we have discussed,
the era—sometimes dubbed the “new normal”—will be marked
by slow growth and a set of new realities that result from the
difficult economic climate.
Managing a company in this new era will feel altogether dif-
ferent from the way it has felt in prior years—and much will rest
on how CEOs and management teams are willing to challenge
their existing managerial mind-set.
One business leader in our survey compared this challenge to
a hiking experience: “When I descended into the Grand
Canyon, I was happy as I reached the bottom—but then I
looked up, and I realized that getting back to the top was going
to be an even bigger challenge. So now, while we can rejoice in
the fact that the recession has ended, it looks like the long and
painful way up has only just begun.”
■ 151 ■
