Management in Troubled Times examines the role management has played in the current global financial crisis that has shaken the ecomies of powerful countries like the United States, where unemployment jumped to the highest rate since the great depression of the 1930s. The downgrading of the credit ratings of the United States and France from triple-A to double-A plus is examined. special emphases are given to countries in the euro-zone such as Greece, whose inability to manage its debts resulted in the downgrading of its credit rating to junk status, by the Standard and Poor's, and later by Moody and Fitch, to lower grades. The concepts of both past and current management gurus are examined to see how their concepts and theories of management have impacted organizational processes. Several ecomic factors are examined in Management in Troubled Times such as the influence of the housing market crash and spiraling student loans indebtedness.