"Most companies ignore one of their best opportunities for honing competitive advantage: proactively managing the business cycles and broader macroeconomic turbulence. The Well-Timed Strategy reveals why the business cycle is an even more powerful P&L driver than you may realize, and demonstrates how it can be profitably managed. Navarro presents examples and case studies from around the globe, ranging from high tech to heavy industry, from Broadcom, Micron, and Cemex to Paccar and Xilinx, from Chinese entrepreneurs to large multinationals."--BOOK JACKET.