Context of Outperform
Economic downturns are frightening. Consumers curb spending, companies cut costs, and we all wait anxiously for the economy to recover. In such a climate, launching a product—an expensive and uncertain endeavor in the best of times—would seem to make little sense. But a new study finds that products launched during recessions outperform on several important measures. The researchers explored three questions: How do products introduced during recessions perform relative to ones launched during booms? Does the severity of the recession affect performance? And does the timing within the recession matter?
–Harvard Business Review