
Why Recessions Forge Great CEOs Who Think Beyond Cost-Cutting
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
January 4, 2022: -On Thursday, South Africa lifted midnight to 4 a.m. curfew on movement with immediate effect as it is known that the country has passed the peak of its fourth Covid-19 wave driven by the Omicron variant, a cabinet statement said.
South Africa, which is at the lesser of its five-stage Covid-19 alert levels, made the changes based on the trajectory of the pandemic, levels of vaccination in the country, and available capacity in the health sector.
Besides lifting the restrictions on public movement, the government said gatherings would be restricted to over 1,000 people indoors and not over 2,000 people outdoors.
It has ruled that alcohol shops with licenses to operate beyond 11 p.m. (2100GMT) may revert to full license conditions, a welcome boon for traders and businesses hard reached by the pandemic and looking to recover in the festive season.
“While the Omicron variant is very much transmissible, there has been lower rates of hospitalization than in the last waves. This means that the country has a spare capacity for admission of patients even for routine health services,” the cabinet said.
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
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