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
July 31, 2023: Moody’s Investors Service cautioned that “negative consequences” and a “significant risk” loom over Israel’s economy after passing a law curtailing the Supreme Court’s powers.
The measure passed by a final 64-0 vote on Monday removes the “reasonableness” requirement that allows the unelected Supreme Court to overrule the government’s decisions. The development has triggered mass protests, getting tens of thousands of demonstrators into the streets earlier this week.
“We believe the wide-ranging nature of the government’s proposals could materially weaken the court’s independence and disrupt effective checks and balances between the various branches of government,” Moody said in Tuesday’s statement.
The agency added that Israel’s executive and legislative institutions have become “less predictable and better willing to create significant risks to economic and social stability.”
The report cited that more than 80% of new Israeli startups chose to register overseas since the start of this year, compared to 20% last year.
“This is especially concerning given that the country’s high-tech sector has become the key engine of economic growth,” Moody’s analysts wrote, adding that the sector accounts for half of the country’s total exports and generate around 15% of the country’s GDP in 2022.
A report by Israeli private equity investment group Viola stated that Israel ceded its ranking as the world’s fifth best-funded tech ecosystem to take 10th place instead.
In a joint statement, Israel’s Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich said that Moody’s report “is a momentary reaction; when the dust settles, it will become clear that Israel’s economy is robust.”
They added, “Israel’s economy is based on solid foundations and will continue to grow under experienced leadership that leads a responsible monetary policy,” elaborating that the defense industries are “bursting with orders” and that the gas drive is increasing exports to Europe.
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.
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The leadership landscape is profoundly changing, influenced by technological advancements, shifting workforce expectations, and the need for adaptability in an unpredictable global environment.
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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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