
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
Ford Motor Company reported a modest increase in third-quarter sales, up 0.7% compared to the previous year. However, its crosstown rival, General Motors, has surpassed its position in the electric vehicle (EV) market.
While Ford’s overall sales have remained relatively stable, GM has experienced a significant surge in EV sales, outpacing Ford in this critical segment. GM’s broader range of electric vehicle models and aggressive marketing strategies have contributed to its market leadership.
Despite the setback in EV sales, Ford remains committed to its electric vehicle strategy. The company has invested heavily in developing new electric models and expanding its charging infrastructure. Ford’s Mustang Mach-E and F-150 Lightning electric trucks have been well-received by consumers, and the company is poised to introduce additional EV models in the coming years.
The competition between Ford and GM in the electric vehicle market is intensifying as both companies seek to capitalize on the growing demand for sustainable transportation. The race to develop innovative and affordable electric vehicles will likely shape the future of the automotive industry.
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 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
April 15, 2025: Multiple wildfires burning across northern and central Alberta have triggered large-scale evacuations.
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