We are pleased to extend to you an invitation to hear Dr. Brent Goldfarb, Associate Professor of Management and Entrepreneurship at the University of Maryland's Robert H. Smith School of Business speak on Thursday January 9th, 2014. The topic is “Do nothing! When Managerial Inaction is Smart”. The abstract of the lecture is:
Should CEOs ever let their firms fail? We examine several cases where organizations were faced with changing competitive landscapes. For each case we relate long term performance to the extent in which existing capabilities, in particular sales and marketing, manufacturing, intellectual property and R&D capabilities, transferred to the new environment. We then apply the framework to a broader set of firms. We conclude that some firm’s best strategic option is exit and that we can identify clues as to when this is the case ex-ante.
Chang An Club
10 East Chang An Avenue, Dong Cheng District, Beijing
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