Page 213 - Accelerating out of the Great Recession

INDEX

Cash position (continued) offensive strategies for, 128–134
and capital spending, 93–94 Consumer behavior:
Center for Research in Security shift toward conservative, 55–56
Prices, University of Chicago, slow turnaround in, 105
173 Consumer credit, consumer spending
Central banks: and, 105
and debt-deflation spiral, 67–69 Consumer debt:
expansionary policy of, 38 from 1974 to 2007, 8
quantitative easing by, 4 and Great Recession, 20–25
CEO agendas, xviii–xix Consumer electronics industry, in
Cessna, 141–142 Japan, 130–131
Chemicals industry, 42, 115–118 Consumer price index (CPI), 105
China, xiii–xiv Consumer spending:
economic slowdown in, 4 in China vs. United States, xiii–xiv
exports from, 21 and consumer credit, 105
GE’s focus on, 159 and deleveraging, 105
private consumption in, xiv and increased taxes, 39–40
protectionism in, 45, 50 Consumers, 52–58
social unrest in, 57 U.S., Great Recession and, xiii–xiv
trade flow in, 26–28 conservatism of, 55–56
Chrysler: length of working lives of, 54–55
business model of, 103, 104 and new realities of business,
during Great Depression, 78–83 52–53
efficiency at, 82 and social mood, 57–58
marketing by, 126–127 value-consciousness of, 53–54
Chrysler, Walter, 81–83 Consumption:
Churchill, Winston, xix effect of low-growth economy
Cisco, 129 on, xv
Citigroup, 11 during Great Depression, 86
Coca-Cola Company, 50 Corporate default rates, 64
Commercial lending, 92–93 Corporate governance, redefining,
Compensation: 165–166
redesigning, 162–165 Cost reductions:
at Takeda, 100 for business protection, 98–103
and talent retention, 156 during Great Depression, 79, 81
Competition: during Great Recession, 90
during 1970s in the United States, low-cost business models for, 139–
132–134 141
effect of low-growth economy on, by Maytag, 106–107
xiv–xv by F.W. Woolworth, 93
from global challengers, 158 CPI (consumer price index), 105
during Lost Decade, 129–132 Creative destruction, 148–150

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