Leadership

Leading Out Of A Downturn

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Executive Summary

The gravity of the current economic downturn is pressuring CEOs everywhere to act decisively and immediately. Just how much can - or should - be accomplished in three or even six months is debatable, however. Nevertheless, the authors remain convinced that a new CEO's first 100 days in office is a vital period in which to communicate strong leadership and a clear agenda. They also believe that it is critical for all CEOs to spend the early months of a crisis at the frontline with customers and employees, discussing and refining a set of actions to be implemented over the next year.

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