
The Leadership Gap: Why Companies Struggle to Retain Top Executives
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
January 27, 2023: South Korea’s economy saw its initial quarterly contraction in the second quarter of 2020, the advance estimates released by the central bank.
Actual gross domestic product decreased by 0.4% in the quarter of 2022 compared to the last quarter, the Bank of Korea stated, reversing gains experienced in the previous three months and shrinking over the 0.3% contraction forecast by economists.
The worsening conditions in South Korea’s economy signalled that a recovery, seeing the coming from “revenge-spending” consumers putting the pandemic behind them, maybe fade sooner than expected.
A sharp 5.8% decline in exports decreased the overall reading, alongside a 4.1% decrease in manufacturing and a 0.4% contraction in private consumption, the central bank stated in its release.
Still, South Korea’s benchmark Kospi stock index continues to show gains for a consecutive session, trading 0.7% higher in the afternoon. The Korean won hovered at almost more substantial levels, last at 1,232.13 against the U.S. dollar.
“China’s reopening will be hugely positive for Korea, especially given there’s proof that supply disruptions took place in November, decreasing the demand for chips and electronic elements very significantly, which should be rectified going forward,” he said.”
Goh’s company anticipates South Korea’s economy to rise early this year.
“First quarter, we anticipated positive growth given China’s reopening, and also front-loading of financial spending, and almost the end of the hiking cycle,” he said.
“Our experience is that they might go for one more 25 hikes before a pause for the rest of Q1,” Goh stated, noting that the risk to that scenario would be a resiliently strong U.S. labour market, which would give the Federal Reserve for a room for further rate hikes.
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 …
Corporate leaders often navigate turbulent waters where failure is not just a possibility but an inevitable part of the journey …
February 12, 2025: Donald Trump has announced a 25% tariff on all steel and aluminum imports, reigniting trade tensions between the US and its key partners
February 11, 2025: The European Union is preparing retaliatory tariffs against the United States in response to newly imposed 25% U.S.
February 06, 2025: California and Texas are experiencing extreme weather, bringing widespread disruptions and safety concerns.
February 04, 2025: The trial of Joël Le Scouarnec, a former French surgeon accused of sexually abusing hundreds of children
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you