%0 Journal Article %T Recession-An issue for organizations %A Daniel GEORGESCU %J Economia : Seria Management %D 2009 %I Editura ASE %X The reality in all organization is that the directors and board are in the position of highest influence and their primary responsibility is leadership. As such, considering the consequences of a recession such as we currently face is not the time for directors to abdicate their responsibilities ¨C it is time for governance leadership. The directors and the board must think and respond strategically. The article shows a matrix for positioning the general manager in recession that is similarly with BCG matrix and in the final a table with a set of essential questions for helping the board in new strategies building. %K recession %K management %K strategy %K leadership %U http://management.ase.ro/reveconomia/2009-2/22.pdf