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Legendary UCLA basketball coach John Wooden describes competitive greatness as producing your best when only your best will be good enough. Whether it is the World Series MVP or corporate CEOs, the pressure is always on to come through in the clutch.
The price of gold is driven by the market’s views on the future trends in inflation, the outlook for the US Dollar, and the overall sense of worry about, well, anything worth worrying about.
In our experience, the most successful innovators tend to lead on a sustained basis, primarily because flexibility, adaptability, and a corporate culture of risk-taking, if absent in a company, can not be produced overnight.
Our economy, long led by innovation and an entrepreneurial spirit, appears waiting to be led by government handouts, but the market belongs to investors and the collective business community even in times such as these when government support is necessary to right the ship.
I think we may be entering an era during which the leadership provided by a CEO will have a far greater impact on a firm’s success than it has historically. What is it about the current economic environment that makes the CEO role so much more important?
Effective execution requires a Student Body Left adaptability, a willingness to change course in order to take full advantage of the different environment and opportunities.
There are many who fear our country is losing its entrepreneurial spirit, some convinced it’s already gone. Even the thought of that is disheartening.
We are in the midst of the most challenging environment most of us have ever experienced. Is faith, at such a time, the path to future reward, or mere folly?