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Managing Through Turbulent Times by Anthony Holmes
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Managing Through Turbulent Times [Hardback]

The 7 rules of crisis management

by Anthony Holmes
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Description of Managing Through Turbulent Times

"What shall we do as managers operating in unstable times when the reassurance we desire is absent and the uncertainty of today promises an unpredictable tomorrow?"

Corporate management teams are living through the Chinese curse of 'may you live in interesting times' as they contemplate their exposure both directly and indirectly to the almost unprecedented turbulence in the global markets.

In his first book, turnaround specialist Anthony Holmes explains how to approach management in turbulent operating conditions and what to do if your company encounters distress. It is based around his 7 key rules of crisis management, which are:

1. Obtain multiple opinions in the decision-making process
2. Retain close control over the implementation of policy
3. Reduce time pressure
4. Limit objectives
5. Maintain flexible options
6. Understand the nature and potential behaviour of the adversary
7. Maintain communication

It also looks to illuminate the dark areas that create fear of the unknown and explains how to recognise them, how to mitigate their impact, what is feasible, when to seek help and from whom.

The book draws on case histories of previous crises to extract techniques relevant to today's commercial environment and identify those that may seem logical but should be avoided.

The intention is to prevent management from having to begin at the bottom of the learning curve and try to rediscover under pressure those techniques and processes that have been irrelevant and forgotten in the years since the last systemic crisis.

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Title Information

ISBN:
9781906659110
Pages:
315 pages
Format:
Hardback
Product Code:
337665
Publisher:
Harriman House
Published:
30/03/2009
Edition:
1st Edition

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About Anthony Holmes

Anthony Holmes is an international corporate turnaround specialist and transitional leadership expert who has led the revival of 7 companies over 15 years, in industries as diverse as utilities (a £2.6bn energy company), construction (a £400m construction & civil engineering group), consumer durables and telecoms (a £750m telecoms business).

His 30-year international business career spans strategic consultancy, investment banking and senior corporate management. Anthony lives in London and holds a BA in Economics from Sheffield University and an MSc in Political Theory from the London School of Economics.

Contents of Managing Through Turbulent Times

Preface
About the author
Introduction

1. What do I mean by turbulence?
2. What are the limits to management?
3. Corporate lifespan
4. Psychology of management
5. The six stages of turbulence
6. The effect of turbulence
7. Stories
8. Managers or leaders?
9. Seven principles of crisis management
10. Planning for the present
11. Managing the balance sheet
12. Downsizing
13. Changing the business model
14. Planning for the future
15. The longer view
16. Conclusion

Appendix: The Turbulence Matrix

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