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Sustaining High Performance in Difficult Times

Cover Art Viewed from Wall Street the current credit crunch and market downturn is exceptionally difficult to deal with. The cascading losses, the scale of the layoffs (100,000 and counting) and the fear that generous profit margins are a thing of the past—that new restrictions on leverage and risk will limit profitability going forward—make this the toughest down cycle in a generation. So how is top talent dealing with this onslaught? In a word--badly. In focus groups conducted for this study, senior executives talked about being angry, anxious and deeply stressed. Troubled firms are finding that precisely the wrong people (top performers with other job options) are heading for the door. (9/1/2008, Report - 16 pages)




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