Leading at the Speed of Thought

Why is the impact on leadership of the current economic crisis so different from the typical cyclical nature of business that most organizations experience? After all, now-bankrupt former corporate giants like GM and Chrysler have been through ups and downs in the past, yet they managed to stay intact, sell products and services, generate customer loyalty, and deliver a return to shareholders. Why are such icons of American business and other corporations like them struggling to survive? And what do their management teams need to understand about the forces shaping this new economy and how those forces have redefined the requirements for outstanding leadership?

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