Professor Scase on prospering in an economic downturn

There's lots of new CEO's that have not been in charge during an economic recession.  So there's a lot of lessons soon to be learnt.

Professor Scase shows why an economic recession isn't all bad news for corporations.  He shows that  a recession is good as it makes organizations focus on their core capabilities and also sharpens leadership skills.  All of us can manage during good times, but economic hardship sharpens leadership skills and decision making skills. 

Talent has very little to do with education.  There's thousands of MBA graduates. So how can you tell the extreme talent? 

Lots of people cut talent during economic downturn, but you actually need that talent more than anything!

Why the survival strategy is a weak leadership option. 

A strategy is not just about cutting costs. 

Why you should be innovating more not less - avoid the panic button.