
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
June 21, 2023: Dyson is famous for its consumer gadgets, like vacuum cleaners, hair styling products, and air purifiers, but it is breaking into a recent generation of products.
Recently established devices like its 360 Vis Nav robot vacuum boast “intelligent” features, which require software development, and the company has ramped up hiring to support those functions.
“We’ve seen a ten-fold increase in our engineers operating in software over the last years,” Dyson’s Chief Technology Officer John Churchill said. “We’re hunting for the greatest talent, from graduates of colleges to experienced people, to join us to pivot Dyson into more of a software world.”
The company is trying to hire another 2,000 engineers globally, according to Dyson’s director of upstream robotics, Kashyap Chandrasekar.
“Robotics and software are the largest pools of people we’re trying to hire,” he said.
Another Dyson device that garnered attention due to its futuristic look is the Dyson Zone headphones that double as a wearable purifier.
While the Zone has been criticized for its $999.99 price tag and bulky appearance, Churchill remained optimistic.
“With new products, we have a high selling price because there’s so much investment in that technology,” he said in an interview.
“The first generation of products is the stepping stone, in terms of the journey, and the products will continue to evolve.”
When asked about public health and access, Churchill said, “We’ll continue to look into how we can bring the cost down to make it available to more people.”
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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