During the recent “Great Recession,” many companies adopted a conservative operational strategy. Facing declining demand and slowing revenues, they looked inward: reducing operational costs, delaying capital investments and focusing on balance sheet management. In that challenging global environment, strong chief operating officers (COOs) and chief financial officers (CFOs) played leading roles in keeping their companies afloat. Now that economic growth has resumed, particularly in emerging markets, many companies are embarking […]
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