Over the past few years, the “perfect storm” of recession and market uncertainties has left many construction firm owners and manufacturing executives a little seasick. Some companies have run up on the rocks, while others have failed to stay afloat all together. If you look at this period as a test of leadership and management skills, how has your company performed?
Many contractors tell us they will be pleased if they can just survive until the turnaround happens. However, others are working on building companies that are prepared for the next economic wave. They are rethinking their strategies to prepare for long-term market changes not just short-term survival. When it comes to making machinery, Caterpillar is a progressive thinking manufacturer, and it’s also the biggest maker of earthmoving equipment in the world. In this latest video, former and current Caterpillar leaders share their experiences during critical times of leadership. It’s always interesting to see how executives at the top react, evolve and lead. Enjoy.