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Effective Asset Management in an Uncertain Economy

By: IBM
IBM

There is no time like a global economic slowdown to test the true capability of a senior management team. When times are good, it doesn't take much for the senior team to ride the wave and steer the company to some reasonable level of success. But in an uncertain economy, many senior teams panic. In the name of cost reduction, the 'C' office may begin a downward spiral where hatchets begin cutting into bone or muscle instead of simply trimming the fat. Excessive or poorly targeted cost cutting can lead quickly to poor morale, a mass exodus of the better resources, tightening of credit, and even reduction or elimination of key customer accounts.

Tags : ibm, david berger, strategic asset management, asset integration, total lifecycle asset management, risk management, supply chain optimization
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Published:  Sep 10, 2009
Length:  14
Type:  White Paper