Page 217 - Accelerating out of the Great Recession

INDEX

Growth: shrinkage in, 5
and credit, 19 Industry reshaping, 63–66
managerial mind-set for, 168–170 Inflation:
innovation and, xvi and debt levels, 24
G-20: deflation-inflation debate, 66–69
and blaming economic mismanage- and inventory management, 95
ment on business, 167 risk of, 105
moving away from deregulation, 37 Information technology (IT) industry,
and need for additional bank 42, 43
capital, 12 Innovation:
and rebalancing of global trade, 157 in business models, 138–148
and regulatory proposals for finan- customer-focused, 147
cial sector, 51 and economic growth, 70
during Great Depression, by
Harvard Business School, 167 automakers, 82–83
Health care industry, 51–52, 159 as offensive strategy, 112–118
Hoover, Herbert, 85 postrecession increase in, 65–66
Housing prices, U.S., 6–9 reverse, 158, 159
and consumer debt, 21 International Monetary Fund (IMF),
in “stress test,” 15 19
Hutchison, B.E., 81 and debt-deflation spiral, 67
estimates of bank write-offs by,
IBM, 41 12–13
and government programs, 122, predictions of economic growth by,
124 4, 15
during Great Depression, 102–103 recession research of, 29
innovation by, 112–114 regulatory proposals of, 51
M&A by, 135 Inventories, reducing, 79–80
selling of services/outcomes by, 141 Inventory management, 94–95
and the social contract, 161 by Uniqlo, 146
IMF (see International Monetary Investors:
Fund) assumed sophistication of, 8
Immelt, Jeff, 158 distribution of risk among, 8–9
Incentive compensation plans, institutional, 59-62
163–165 and profit cycle, 59–62
India, xiv IT industry, 42, 43
economic slowdown in, 4 Italy:
GE’s focus on, 159 executives’ expectations of economic
tariffs in, 44 growth in, 33
Industrial output, during Great foreign nationals in, 48
Depression, 86
Industrialized economies, 2009 James S. Kirk & Co., 135

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