Leadership lessons for hard times.
- Resource Type
- Article
- Authors
- Carey, Dennis; Patsalos-Fox, Michael; Useem, Michael
- Source
- McKinsey Quarterly. 2009, Issue 4, p52-61. 12p. 1 Color Photograph, 1 Chart.
- Subject
- *LEADERSHIP
*CHIEF executive officers
- Language
- ISSN
- 0047-5394
The article offers the perspectives of 14 chief executive officers on leadership during difficult economic times. Herbert Henkel of Ingersoll Rand discusses how a decline in orders from Europe during 2008 warned him of recessionary conditions to come. Upon assuming control at AutoNation, Michael Jackson insisted that the firm learn how to survive in the event sales fell sharply. Steve Miller of Delphi notes that decisive action early can prevent problems from becoming worse. Kerry Clark insisted that executives at Cardinal Health focus more attention on making and meeting business forecasts.