July 9th, 2009
Tips on Managing Effectively Amid a Recession
In a recent Investor’s Business Daily article, Professor Mason Carpenter provides tips for managers and employees on ways to deal with stress and be more effective during a down economy.
According to Carpenter, who teaches strategic management and is author of “Managing Effectively Through Tough Times,” managers should take advantage of down time by talking with customers, learning of future trends and creating necessary business solutions.
He says employees should not focus on promotions during bad economic times, but instead should look for ways to manage their own careers by taking courses and obtaining new degrees that will increase their marketability following the recession.
Read more of Professor Carpenter’s suggestions here.
Read a related article by Professor Carpenter on managing in tough times here.