A spiritual look at the recession: this too shall pass
Article Type: Abstracts From: Strategic Direction, Volume 26, Issue 6
Marques J.Journal for Quality and Participation (USA), July 2009, Vol. 32 No. 2, Start page: 26, No. of pages: 4
Purpose – Puts forward how the recession could have beneficial effects. Design/methodology/approach – Describes research looking at how people in Los Angeles are coping with the economic recession and exploring what really matters to them in the present economic conditions. Reports how the workshop organizers outlined a number of strategies for overcoming the recession, which were taken up by the participants; records how it included discussions on thinking creatively and refraining from sleepwalking and reaffirming values. Identifies the three themes that the participants felt were most important for dealing with the recession; ranks the ten themes and drawing on relevant literature puts forward a number of discussion points. Concludes with some spiritual reflections and provides some thoughts on how the current recession could improve peoples’ relationships with each other; presents a model that shows how recession can be part of a mandatory cycle of change. Originality/value – Examines how people in Los Angeles have approached the challenges presented by the recession.Article type: General reviewISSN: 1040-9602Reference: 39AC263
Keywords: Individual behaviour, Managerial strategy,Recession
