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Achieving the Best by Preparing for the Worst: Lessons Learned from High-Profile Crises, part 1 of 4

Strategy Driven

Business development. There have been far-reaching business after-effects from the attacks on September 11, 2001. In the fourth quarter of 2001, there were 408 extended mass layoff events, involving 114,711 workers, directly or indirectly attributed to the attacks. Department of Transportation paid air carriers a total of $3.8

Crisis 65
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Companies Should Take the Lead in Fixing the Middle-Skills Gap

Harvard Business Review

Unlike Germany, Singapore, and the United Kingdom, the United States has generally failed to develop widely accepted skills standards for particular sectors. public workforce-development system do. Boston-based SkillWorks , founded in 2001, has placed more than half of the 500 displaced workers it has trained in new jobs.

Skills 8
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The 787's Problems Run Deeper Than Outsourcing

Harvard Business Review

Outsourcing leads to business model risk — you open the door to outsourcing your profits (in fact, a 2001 Boeing paper that is incredibly prescient and worth the time to read identified exactly this problem). The thing about these Government contracts is that they are paid as development proceeds. At least not yet.

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Many CEOs Aren’t Breakthrough Innovators (and That’s OK)

Harvard Business Review

However, CEOs often don’t have the career background and education that would equip them to personally lead the process of new product development. This would mean, for example, working in R&D to lead pharma innovation, new product development for high tech, and product design or merchandising for fashion retail.

CEO 8