Why Recessions Forge Great CEOs Who Think Beyond Cost-Cutting
04/15/2025
No Comments
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
December 3, 2021: -On Thursday, European stocks pulled back as concerns persisted over the omicron Covid variant. The pan-European Stoxx 600 decreased 1.2% in early trade, with tech stocks shedding 2.6% to lead losses as all sectors and major bourses slid well into the red.
Major markets across Asia-Pacific and the U.S. had bounced back on Wednesday despite the fears about the variant and the Federal Reserve mulling a quicker-than-planned taper.
But global stocks appear to struggle to regain momentum amid continuing uncertainty near the risks posed by the new omicron Covid variant, first spotted in South Africa in the previous week and designated a “variant of concern” by the World Health Organization.
On Wednesday, the WHO said that at least 23 countries from five of six WHO regions have reported cases of omicron, “and we expect that number to grow.” It also said that hospitalizations are rising across South Africa but that it’s still too early to know if the omicron variant is increasing severe Covid-19 cases.
On Thursday, Asia-Pacific markets were mixed while U.S. stock index futures pointed to a higher open, after selling off on Wednesday as the CDC confirms the first case of the omicron variant in the U.S. The first case of the highly mutated variant was detected in northern California.
Data released on Thursday include the eurozone unemployment rate for October and producer prices for the same month.
At the top of the Stoxx 600, Vifor Pharma shares are increasing over 12% deals on reports that Australian biotech giant CSL is in talks to buy the Swiss group for nearly $10 billion.
At the bottom of the European blue-chip index, Britain’s Royal Mail fell more than 6%.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
The leadership landscape is profoundly changing, influenced by technological advancements, shifting workforce expectations, and the need for adaptability in an unpredictable global environment.
In the fast-paced business world, corporate leaders often find themselves at the crossroads of risk and reward, where bold decisions …
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
April 15, 2025: Multiple wildfires burning across northern and central Alberta have triggered large-scale evacuations.
April 10, 2025: The far-right Alternative for Germany (AfD) party has recorded significant gains in regional elections, triggering a wave of political instability across the country
April 08, 2025: France and Germany are delaying progress on the European Union’s proposed digital identity wallet, citing unresolved concerns over data sovereignty,
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you
