Chip Hornsby, CEO of Wolseley plc, recently spoke at the National Association for Wholesaler-Distributors executive summit about Managing in Today’s Turbulent Economic Environment. In his speech, he offered five concepts executives need to live by in order to address looming questions brought about by today’s economic uncertainty.
Realism: Clearly identify problems for what they are and immediately assess them for the damage they potentially can cause.
Fortitude: “Do what has to be done to deal head-on with our business problems, no matter how unpleasant.”
Proactivity: “Address issues early, directly, and often.”
Perseverance: “See …
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