Beating Inflation
An Agile, Concrete and Effective Corporate Guide
Adam Echter, Hermann Simon
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Springer International Publishing
Sozialwissenschaften, Recht, Wirtschaft / Management
Beschreibung
Is unabated inflation the new normal? Inflation is back and here to stay. For companies, this means that the world in which they do business has fundamentally changed. This book examines inflation from multiple perspectives and offers actions and strategies for companies to cope with and manage it to ensure their survival. For businesses and consumers, it is not a question of eliminating inflation, but how to cope with it in order to suffer as little damage as possible. This includes not just price management, but also sales, finance, purchasing, cost management along with digitalization and innovation activities in equal measure. It also requires corporate cultural change, which if managed fast and successfully, the prospects of defeating inflation and thus ensuring the survival of the company are good.
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Schlagwörter
Sales force, Value-to-customer, Gold, Freemium, Phantom profit, Profit mechanics, Innovative pricing systems, Monetary vs. commodity value, Price leadership, Money supply, CEO and pricing power, Signaling, Smart Pricing, The State and inflation, Competition, Preemptive pricing, US Inflation Reduction Act, Agility, Sustained Inflation, Less expensive alternative (LEA)