Comparing Economic Headwinds
A recession tests a Chief Executive Officer's mettle. Capitalist economies weed out the mediocre during these tough economic times, leaving only the most fit. Such economic downturns are, if anything, a capitalistic certainty. If the 21st Century resembles the 20th, there are more to come; possibly, sixteen more recessions await our, and our children's arrival. Let's study our past leaders decisions during the most dire of times so we can be better prepared for these future certainties when they do arrive.
Largest and longest economic downturns in United States History
Peter E. Greulich is an author, publisher and public speaker.
He has written two books on IBM and three essays on Thomas J. Watson Sr.’s leadership during the Great Depression. His latest book, A View from Beneath the Dancing Elephant: Rediscovering IBM’s Corporate Constitution is a sweeping historical look at IBM that puts a spotlight on its current human resource practices in light of IBM’s time-tested human-relationship achievements.
It is a different perspective from Louis V. Gerstner’s Who Says Elephants Can’t Dance. It is a view from beneath—the perspective of an IBM employee-owner. IBMers with stories to share can reach Pete at IBMers@mbiconcepts.com.