Tuesday, October 21, 2008

Managing a crisis.

A couple of thoughts:

1> Parallel between managing a financial crisis and plain old project management.
As a crisis prevention (management?) measure, would a decision maker pump in money into "the system" to minimize the impact of a crisis as against spending as much money after the crisis has totally hammered the economy?

The context is the current administration's steps in dealing with the crisis as against the government initiating huge construction projects to keep the economy floating through the Depression period.

2> Credit and liquidity characterized as life saving therapy that could kill?
What do you think?