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
June 7, 2023: Apple’s mixed-reality headset debut is a new venture for the industry, said the executives of some huge players in the extended and virtual reality space as they welcomed the competition for the U.S. tech company.
On Monday, Apple threw its Vision Pro headset at its annual WWDC event, ending months of speculation that the Cupertino tech giant was preparing to launch its VR or augmented reality product.
Cher Wang, Taiwanese tech giant HTC’s CEO, said that she sees Apple’s action as a guarantee for the industry. HTC has long been a mainstay of the virtual and augmented industry, pivoting from its ailing smartphone company many years ago to focus on its Vive headsets division.
“Apple’s entry into the market is a watershed moment for the industry and a big confirmation of everything HTC VIVE has been working on,” she said. “This will bring even more confidence in the global market for VR.”
However, she added that the “locked” nature of Apple’s services ecosystem, which is more restrictive regarding the platforms and devices users access its services, is problematic.
“Apple has historically used a closed ecosystem for their iOS products and content distribution platforms, which could be limiting for developers in a new value chain. If developers are locked into one ecosystem, it’s difficult for them to maximize their reach.”
Apple says the Vision Pro will allow users to see apps in a new way in the spaces around them. Users can use their eyes and hands to navigate apps and search with their voices.
With the headset, users can watch movies in 3D, with spatial audio, view their pictures or videos, and play video games. It can also be chosen for work through videoconferencing apps such as Microsoft Office tools and Adobe Lightroom.
Vision Pro will operate on Vision, a new spatial computing platform designed specifically for the company’s new headset, enabling developers to build apps as they would for iOS on the iPhone. It will be available starting at $3,499 beginning early next year.
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 …
April 24, 2025: Silicon Valley is experiencing a sharp recalibration in artificial intelligence investment, with signs of AI fatigue emerging across venture capital
April 23, 2025: The Canadian government has introduced new legislation to regulate the use of artificial intelligence in education and healthcare, focusing on accountability,
April 17, 2025: Prime Minister Justin Trudeau s government is under growing political pressure over its current immigration strategy.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
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