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 19, 2022: -North Korean leader Kim Jong Un observed the test-firing of a new weapon aiming at boosting the nuclear capabilities of the country, the North’s KCNA state news agency reported on Sunday.
According to South Korean and U.S. officials, the report comes amid signs North Korea could soon start nuclear testing after Kim broke a self-imposed moratorium on intercontinental ballistic missile (ICBM) testing with a launch last month.
On Sunday, South Korea’s military said it had detected two projectiles launched from the North’s east coast towards the sea on Saturday. The projectiles flew nearly 110 km (70 miles) with an apogee of 25 km and a maximum speed of almost Mach 4, which indicates that they were short-range missiles.
“The new-type tactical guided weapon system is of great significance in drastically improving the firepower of the frontline long-range artillery units and enhancing the efficiency of tactical nukes operation,” KCNA said.
It said Kim “gave important instructions on building up the country’s defense capabilities and nuclear combat forces.”
North Korea is developing short-range ballistic missiles (SRBMs) that analysts say are designed to evade missile defenses and strike targets in the South.
On April 5, Kim Yo Jong, Kim’s sister, said North Korea is opposing war but would use nuclear weapons to strike South Korea if attacked, in a warning seen toward the South’s incoming conservative president, Yoon Suk-yeol.
Yoon spokesperson Bae Hyun-jin said nothing new or surprising in the North’s “show of force” as a new administration comes in.
President Moon Jae-in, who will leave office on May 10, has received real-time briefings on the North’s missile launch.
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?
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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 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,
April 04, 2025: The European Union has launched its first independent military satellite communication system, marking a strategic shift
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