The energy boom that ran for much of the first half of the decade generated both record revenues and ready access to capital that was often collateralized with oil marked at $90 or more per barrel. But the collapse of oil prices and the broader energy downturn has pushed hundreds of companies up against debt covenant restrictions and into subsequent bankruptcy.
Read Article by Trent Aulbaugh and Steve Goodman.
What’s holding many of today’s best executives back from true success? It’s likely not skills or competencies, both of which have often been honed through years of development through ever-more challenging roles.
Perpetuity is a central objective of every family business. In today’s ever-changing world, it is critical for owner families to proactively mitigate risks to achieve that longevity.
China’s digital boom has triggered an unprecedented war for talent. Traditional companies in particular are struggling to recruit tech-savvy leaders who can drive the digital transformation. Instead of trying to lure talent away from pure-play internet companies, Xuemei Bennink-Bai, head of Egon Zehnder’s HR practice, and urges traditional firms to focus on potential.
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