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

Strategy Driven

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’s Bureau of Transportation Statistics.

Crisis 57
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Companies Should Take the Lead in Fixing the Middle-Skills Gap

Harvard Business Review

Boston-based SkillWorks , founded in 2001, has placed more than half of the 500 displaced workers it has trained in new jobs. New York and Chicago have recently created "one-stop career centers" in the transportation, construction, services, and manufacturing sectors to meet specialized skills-training needs.

Skills 8
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Many CEOs Aren’t Breakthrough Innovators (and That’s OK)

Harvard Business Review

For instance, we considered Harman International’s development of the MOST (media oriented system transport) system, under CEO Bernard Girod, as a breakthrough (it established its strong position in the infotainment market), but Girod’s career background was largely in planning and finance.

CEO 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). And while outsourcing can certainly lead to problems, I'm not convinced it's the cause of these problems. At least not yet.