Why Recessions Forge Great CEOs Who Think Beyond Cost-Cutting
04/15/2025
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But the CEOs who make history in downturns aren’t the ones with the deepest cuts
October 24, 2022: -On Friday, shares of Snap decreased by 28% in premarket trading after investors kept going to digest the company’s third-quarter earnings report that was released on Thursday.
The company is posting a surprising profit, but revenue is missing estimates, which comes in at $1.13 billion versus the $1.14 billion expected, a Refinitiv survey of analysts say.
The social media company has suffered due to the struggling online advertising market. In 2021, Apple’s data privacy update limited the ability of social media firms to track users online, which is continuing to hurt the company.
Bernstein analyst Mark Shmulik came down to the stock Friday morning to market perform from outperform and decreased his price target from $15 to $9.
In a note to investors, Shmulik is signaling there are still chances for the company, “SNAP’s untapped potential remains, yet unlikely to experience near-term inflection. Winning back investors and our confidence will take time.”
Barclays was optimistic in its analysis of Snap’s performance, reiterating an overweight which rate on the stock after showing that Snap “has a long history of overcoming challenging transitions.”
The company has continued to grow in popularity, with daily active users increasing by 19% yearly. Shares of Snap are decreased almost 77% year-to-date.
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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