When it comes to intuition and decision making, one approach isn’t any better than the other and this CEO's experience had led him to blend both.
Most CEOs know their problems as well as their solutions, but in a dynamic up cycle, they often lack the resources and time to implement those solutions. When the growth curve steadies and before it re-accelerates, take a deep breath and recalibrate,
Sure, full employment means recruiting is going to be more difficult. That doesn’t mean CEOs should compromise their selection standards.
How can CEOs prepare for an inevitable economic downturn? The first step is to know your space and remember the past.