Leadership for Innovation: Bill George (Medtronic)
Wisdom From The Top with Guy Raz
Navigating Crisis Through Financial Resilience and Adaptive Leadership
The chapter explores the significance of maintaining cash reserves and liquidity during crises, using examples from companies like Goldman Sachs. It stresses the importance of conservative financial planning and adapting business models, particularly focusing on the challenges faced by industries with narrow profit margins. The conversation also touches on the evolving role of corporations in social issues and the increasing pressure on CEOs to address matters like racial injustice and political crises.
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