
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
April 27, 2021: -Huawei is boosts its software areas such as cloud computing and intelligent cars as U.S. sanctions affect its hardware business.
Last week, a brand under automaker, BAIC Group, Arcfox launched a car with Huawei’s vehicle technology, including a cockpit, kitted out with HarmonyOS, the operating system Huawei launched in 2019, and autonomous driving capabilities. Huawei will not be making cards and will instead focus on the technology that powers them.
On Sunday, Huawei launched new cloud computing products to challenge China’s market leader, Alibaba.
On Sunday, Huawei said in a press release that it hopes the focus on the cloud will “eventually raise the proportion our software and service business has in our total revenue mix.”
The software comes after U.S. sanctions on Huawei have resulted in smartphone sales push. The Chinese giant was on a blacklist known as the Entity List in 2019, restricting its access to the technology
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 …
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