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When times are tough, becoming a new leader from outside the organization is both a blessing and a curse. The good news is that the world's not going to immediately blame you for the company's problems. The recession has lowered performance expectations. The bad news is that the company does have serious problems you need to fix. And the economy may get worse before it gets better, inhibiting your chances for an effective turnaround. So what are some of my suggestions for a new leader entering into a difficult situation? Read More »
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Well, you can stop wondering. It took seven economists 11 months to decide what should seem obvious given all the foreclosures, bank failures, stock market losses, and layoffs - the United States is officially mired in a recession. Read More »
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