
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
March 01, 2023: -A Chinese state-run newspaper warned Tesla CEO Elon Musk following his shared reporting on the Department of Energy’s ‘low confidence’ test that the international Covid pandemic originated in a Wuhan laboratory.
On Tuesday, Eunice Yoon reported on the warning from the social media documents of the Global Times, the English-language subsidiary of the CCP-managed People’s Daily.
The Global Times is warning Musk that he could be “breaking the pot of China” following the Tesla and Twitter chief executive’s response to Tweets that asserted that Covid originated in a Wuhan research laboratory.
The saying resembles the idiom “to bite the hand that feeds you,” Yoon reported. Tesla has an expansive factory campus in Shanghai. China is the E.V. manufacturer’s next most significant market.
The U.S. Department of Energy concluded with “low confidence” that the Covid pandemic started in a Wuhan laboratory. Still, sources familiar with the matter emphasised to NBC News that the conclusion could have been more impactful. The FBI was reaching a similar endpoint at a “moderate confidence” level in 2021.
The governing Communist Party has been highly sensitive to the matter, as it courts outside investment following months of zero-Covid lockdowns prompted nationwide protests, Eunice Yoon reported.
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 …
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But the CEOs who make history in downturns aren’t the ones with the deepest cuts
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