Why Recessions Forge Great CEOs Who Think Beyond Cost-Cutting
04/15/2025
No Comments
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
August 13, 2022: -Ether soared to a two-month high after developers completed a final dress rehearsal for a pivotal upgrade expected next month.
The second-huge cryptocurrency in the world reached a price above $1,927 on Thursday, according to data from CoinMetrics. That’s the high level from early June and a 13% jump in the last 24 hours.
Testnets permit developers to test and make necessary adjustments before updates launch on the main blockchain. One of ethereum’s test networks, Goerli, simulated a process identical to what the leading network will execute in September.
On Wednesday, ethereum is running its last dry run for the “merge,” a critical event expected to make it faster and more energy-efficient.
Proof-of-work consensus mechanisms on crypto miners to verify transactions. On the other hand, proof-of-stake networks require validators to hold a certain amount of tokens to participate, making them much less energy-intensive. The merge will see ether’s underlying blockchain change from a proof-of-work system to an efficient proof-of-stake model. The event has been delayed multiple times and is expected to occur on September 19.
Once finalized, the upgrade is anticipated to speed up transactions on the ethereum network and make it more energy-efficient, with backers hoping it will address criticisms over the environmental impact of cryptocurrencies. Bitcoin has been losing some ground to other tokens in recent years, with its market dominance coming below 40% from almost 70% at the start of 2020. That has led a few investors to bet ether may eventually steal bitcoin’s thunder.
For IT specialist Kaj Burchardi, even if ethereum eventually unseats bitcoin as the crypto king is “pretty much irrelevant” since they don’t compete with each other.
“The purpose of why you purchase bitcoin, from a mindset perspective, and what you want to do with that is fundamentally instead of using ethereum,” said Burchardi, which manages director of BCG Platinion, the IT-concentrated division of Boston Consulting Group.
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,
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you
