Dangerous Markets: Managing in Financial Crises

by Dominic Barton

A corporate guide to crisis management in volatile financial markets Current financial crises in Argentina, Japan, and Turkey are being played out on the front pages of newspapers, and these are just the most recent financial crises that have rolled across the globe in the last decade and whose far-reaching impact hurts business around the world. Dangerous Managing in Financial Crises recognizes that no global corporation or financial institution can afford to ignore the potential of a financial storm and will help top management and financial professionals navigate through this often disastrous maze. While many books discuss financial crises and their ramifications, none has presented an action plan for managing these storms—until now. Dangerous Managing in Financial Crises presents a method that allows executives and financial professionals to recognize the warning signs of a financial crisis and act appropriately before the situation spirals out of control. Based on years of research and practice in cleaning up the mess, McKinsey consultants Barton, Newell, and Wilson reveal the warning signs of potential financial catastrophes and provide unique principles that can be followed to shape and manage a strategy for survival.

Genres: Finance, Management

320 pages, Hardcover

First published January 1, 2002

Reviews

[Jimyip · Rating 3 out of 5]

To be frank, I had not read any review of this book before I purchased a second-hand copy of this book. I expected to read analysis on how financial crisis unfolded, the market's reaction and such. In short, from an economic and financial perspective. Therefore, when I found the major coverage is on management and business issue, I am disappointed and skipped most of them.
Though the first few chapters on spotting sign of an impending financial crisis is quite interesting and deserve a read