Firms operating in a declining industry

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Many firms operating within emerging economies (EEs) are in industries experiencing decline after previous strong growth. Major strategies based on exit, competition or diversification are available options but each has different positive and negative implications for firms. These are likely to differ based on whether the MNE is from the same or a different EE or from a developed nation. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.