Global Business Strategies in Crisis

As the world is currently in the midst of financial and economic crises, this collection of expert contributions focuses on strategy formation and implementation at various organizational levels to address the challenges ahead. The latest economic turmoil and its ongoing impact on business performance are compelling top managers to develop effective business strategies and redefine the boundaries of their operational and strategic activities. On one hand, tremendous challenges in the competitive business environment have become a source of global threats for many small entrepreneurs. On the other, investors faced with today's volatile economic conditions demand more gains on their capital investments to counter-balance the growing risk of global threats. This book explores the question as to whether it is possible to efficiently and effectively address these threats and obstacles. Are managers capable of planning and implementing strategic actions? What should the major managerial strategy be in order to overcome fluctuations in a market-oriented society?

 The strategies and practices recommended here are aimed to design continuous development competencies and contribute to the stability, recovery and sustainability of global business operations under volatile economic conditions. This refreshingly novel book seeks to establish managerial strategies and practices for effectively responding to challenges in the competitive business environment, as global volatility and fluctuations continue to worsen.



Ümit Hacioglu is professor of finance at Istanbul Medipol University, School of Business, Istanbul-Turkey. Dr. Hacioglu has BAs in Business Administration and International Relations (2002). He received PhD in Finance and Banking with his thesis entitled as 'Effects of Conflict on Equity Performance'. Finance and Banking, Strategic Management and International Political economy are the main pillars of his interdisciplinary studies. He is the executive editor of International Journal of Research in Business and Social Science (IJRBS) and the founder member of the Society for the Study of Business and Finance (SSBF).

Hasan Dinçer is professor of finance at Istanbul Medipol University, School of Business, Istanbul- Turkey. Dr. Dinçer has BA in Financial Markets and Investment Management at Marmara University. He received PhD in Finance and Banking with his thesis entitled as 'The Effect of Changes on the Competitive Strategies of New Service Development in the Banking Sector'. He has a work experience in Finance sector as portfolio specialist and his major academic studies focusing on financial instruments, performance evaluation, and economics. He is the executive editor of International Journal of Finance and Banking Studies (IJFBS) and the founder member of the Society for the Study of Business and Finance (SSBF).

Nihat Alayoglu is associate professor of management and strategy at Istanbul Medipol University, School of Business, Istanbul-Turkey. Dr. Alayoglu has BAs in Economics (1990) and MBA in 1994. He received PhD in Human Resource Management 'Strategic compensation management and a research  on executives  pay'.  Human Resource Management, Organizational Behaviour, Business Ethics, Strategic Management, Entrepreneurship and Family business are the main pillars of his interdisciplinary studies.

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