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
April 29, 2022: -On Wednesday, the price of dogecoin popped afternoon following news that Twitter has accepted Elon Musk’s buyout deal.
The meme cryptocurrency increased nearly 27% after announcing that Twitter would be purchased by an entity owned by the Tesla CEO.
Dogecoin was last up 24.3%. Although, Twitter shares ended the day 5.6% higher.
Dogecoin, the original meme asset, is based on the 2013 Internet meme doge and was created in jest this year. It gained little relevance in the previous year after the Tesla CEO endorsed it and continued exciting the cryptocurrency on social media.
Around that time, Musk now becomes something of a cryptocurrency market mover with his tweets regarding dogecoin and bitcoin. In May of the previous year, his posts fueled dogecoin’s rally to 67 cents per Coin Metrics.
In November, Twitter’s former CEO and co-founder, Jack Dorsey, stepped away from the company to focus on efforts at his payments company, which has since rebranded to Block to reflect broader ambitions in cryptocurrency and blockchain technology.
In addition to being a dogecoin influencer, Tesla is one of the biggest corporate buyers of bitcoin. The censorship-resistant nature on the surface aligns with Musk’s vision for a free-speech utopia. Those who hope to see Twitter integrate crypto native features will be keeping an eye on how Musk prioritizes crypto.
“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said.
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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