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22
Feb
Creative leaders don’t fear risk — they turn it into a money-making strategy
In 2008, at the height of the global recession, Hyundai Motor Company, like all other auto companies, was reeling from the sharp drop-off in vehicle sales. Fearful of losing their jobs and dismayed by the sudden plunge in the value of their homes, consumers were in no mood to consider big-ticket purchases that would take years to pay off. Most auto companies took on a defensive mind-set, reacting to the economic crisis by curtailing production and reducing future growth plans; some even filed for Chapter 11 bankruptcy protection. (more…)
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10
Jan
REPORT: Building Resilience in Supply Chains
International trade is vital to the world economy. Businesses that trade internationally are supported by interlinked global supply chains, which are vital to their competitiveness. But as a number of recent events highlight, these dynamic, complex systems are vulnerable to […]
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