
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
August 3, 2023: China sees record flooding in Beijing, with 20 deaths and huge destruction.
According to the Chinese authorities, the city recorded 744.8mm of rainfall between Saturday to Wednesday, marking the highest since 1891, based on data from the Beijing Meteorological Bureau.
Heavy storms have buffeted China as Typhoon Doksuri swept north after slamming southern Chinese provinces.
Doksuri made landfall in China’s Xiamen and Quanzhou on Monday morning and caused “severe flooding in Beijing,” according to a report by the NASA Earth Observatory. The massive storm damaged infrastructure, forcing tens of thousands to flee for safety.
The typhoon was one of the worst storms to hit northern China in years, and the torrential rain in Beijing has killed at least 20 people as of Tuesday.
In Beijing, over 31,000 people were vacated while work at construction sites halted.
Apart from Beijing, extreme rains also struck north China and the regions along the Yellow and Huaihe rivers, state news agency Xinhua reported.
Chinese President Xi Jinping has reached for rigorous search and rescue efforts and flood control and disaster relief work.
“It is crucial to ensure medical treatment for the injured and provide aid and comfort to the families of the deceased,” Xi was quoted as saying.
Beijing lifted the red alert for flood on Wednesday as “the water flow in major rivers has moved below the warning mark,” according to Xinhua.
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,
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