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
November 29, 2022: Rare protests broke release across China more than the weekend as groups vented their frustration more than the zero-Covid policy.
The unrest is coming; conditions are increasing, prompting more local Covid controls, while a central administration policy change had increased hopes of a gradual easing. Almost three years of rules have dragged down the economy. Preadolescence unemployment has almost 20%.
People’s Daily, the Communist Party’s official newspaper, is running a front-page op-ed Monday on the need, which makes Covid controls more targeted and effective and withdraws those that should be removed.
In Beijing, a few apartment communities’ local management had no legal basis for a lockdown. That came following more and more compounds in the capital city abruptly banning residents from leaving.
On Sunday, municipal authorities added that the temporary controls on movement should last up to 24 hours.
Over the last three days, researchers have been protesting at many universities. According to videos widely is showed on social media, people took to the streets in views of Beijing, Shanghai, Wuhan and Lanzhou, from other cities. The videos could not all be independently is being verified.
Demonstrations started in Urumqi, Xinjiang, on Friday following a building fire that killed ten people the previous day in an area that had been locked down for some months. The narrative on social media centred on how Covid controls stopped citizens and rescue workers from saving lives.
While it’s unclear what caused the deaths, local authorities declared the Covid risk had subsided and started relaxing controls.
In Shanghai, a vigil for the Urumqi deaths changed into a protest against Covid and the Communist Party of China. Some unverified videos showed calls for President Xi Jinping to decrease.
Videos on social media showed police who arrested some protesters.
Many of the demonstrators are holding up blank sheets of white paper. Some have also sung the national anthem and “The Internationale,” a socialist associated with the Chinese Communist Party.
On Sunday, social media showed protesters at the prestigious Tsinghua University.
It was unclear whether the protests contacted a meaningful scale of 1.4 billion people or whether a broad demographic participated.
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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