The CEO’s and Board members of the leading companies of the US and the world do have a new challenge: how to deal with Trump who may be destroying your long-term company future. Going for the short-term win and submissively obey the presidents will? Or going for the long-term win and offer resistance?
In an interview with Harvard Business Review, former U.S. treasury secretary Larry Summers said: “If CEOs who employ hundreds of thousands of people are not in a position to speak truth to power, who is going to be in a position to speak truth to power?”
Harvard Professor Bill George recommends a strategy:
- Prepare for the jobs of the future.
- Stay focused on realizing your mission despite the uncertainty.
- Build on your strengths.
- Adapt your tactics, not your strategy.
- Don’t abandon globalization
For more details and to read his valuable guideline have a look at his LinkedIn post.