Successful CEOs in Tough Economic Times

Abstract

Describes a study of 104 CEOs in Australia′s top 500 companies. Identifies their reasons for success in times of economic downturn. These reasons and attributes contained both “hard” and “soft” management skills, such as strategic management and interpersonal relationships respectively. Compares major management challenges facing these executives with findings in the USA. These challenges included global competition, personnel matters, and continuous change. Ends with strategies for business success based on the findings, with the emphasis on international competitiveness, workplace rationalizations, and leadership paramount.