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Cycle Management: Entries and Exits

In: Learning and Teaching Business

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  • Peter Lorange

    (IMD)

Abstract

The critical importance of acknowledging that to manage in ways cognizant with recognizing and accepting that cycles are realities in most business settings, is covered here. It is a matter of getting in, respectively exiting, with proper timing, analogously to “buy on the cheap, and sell on the high side”. This may of course be in contrast to what is seen in some decision-making contexts, where actors may erroneously expect good conditions to last forever, when things are on the way up, and equally that bad times might last forever. This thinking is counter-productive, instead one should manage in cycles.

Suggested Citation

  • Peter Lorange, 2023. "Cycle Management: Entries and Exits," Springer Books, in: Learning and Teaching Business, chapter 15, pages 153-159, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-14564-3_15
    DOI: 10.1007/978-3-031-14564-3_15
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