Page 221 - Accelerating out of the Great Recession

INDEX

Renegotiating with suppliers, 93 Sarkozy, Nicolas, 46
Research and development (R&D): Savings rates:
Chrysler’s investment in, 82 after Great Depression, 87
at DuPont, 115–116 in Europe, 52
during Lost Decade in Japan, 116 in the United States, 8, 21, 52
at IBM, 113 Schumpeter, Joseph, 30, 31, 148
investment in, 115–118 Semiconductor industry, 116–117
at Takeda, 99 Service economies, 40
Restructuring: Services, as focus of business model,
for cost reduction, 97, 99–101 141–142
of industries, xv, 63–66 Seven-Eleven Japan, 120–121,
Retaining talent, 156 131–132
Retirees, 55 Shareholder value, 162
Revenue protection strategies, Shareholders:
104–108 and corporate governance, 166
cut prices, 105–107 lessened influence of, 161–162
employ strategic pricing, 107–108 stakeholders vs., 62–63
Reverse innovation, 158, 159 Shell, 98
Revlon, 143 Shiller, Robert, 6
RGE (Roubini Global Economics), 15 Shin-Etsu Chemical, 96–98,
Risk, 7 116–117, 136
distribution of, 8–9 Siemens, 124–125
minimizing asymmetries of, Sloan, Alfred P., 79, 80, 149
164–165 Slow-growth economy (see Low/
with protectionism, 44 slow-growth economy)
Risk aversion, 56, 168 Soap operas, 126
Risky borrowing: Social contract, 160–161
global markets’ absorption of, 9–12 Social Security, 86
subprime mortgage crisis, 5–9 Social Security Administration (SSA),
Roessler & Hasslacher Chemical, 135 124
Rogoff, Kenneth S., 29, 38 Social unrest, 57–58
Romer, Christina, 39 Socially responsible companies, 62
Roosevelt, Franklin D., 39, 86, 122 Solvency crisis, 5–6
Roubini Global Economics (RGE), 15 Soros, George, 17
Rural electrification program, 123, 124 Spain:
Russia: foreign nationals in, 48
economic slowdown in, 4 protectionism in, 45
GE’s focus on, 159 trade deficit of, 25
tariffs in, 44 Spending, postponed, 93–94
SSA (Social Security Administration),
Sales force, merging, 80 124
Sales strategy, of Uniqlo, 147 Stakeholders, shareholders vs., 62–63

■ 200 ■