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Keyword: economicrisis

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  • Leadership in Challenging Economic Times

    05/05/2009 12:58:18 PM PDT · by truthnomatterwhat · 200+ views
    The Voice Magazine ^ | May 5, 2009 | Carol Kinsey Goman
    Employees are nervous – and rightfully so. The economic crisis and its resulting layoffs, consolidations, and organizational restructuring have people worried and distracted. Motivation is down. Absenteeism is up. Everyone wants to know, “What’s going to happen to me?” Rumors are running wild. In the midst of all this uncertainty and fear, it’s your job to help your team (or department or organization) stay engaged and focused on the business at hand. And for that, the “soft skills” of compassion, encouragement and motivation become crucial. People are looking to you for comfort and reassurance – and, most of all, for...
  • Russian boom ends as resource wealth vanishes

    02/22/2009 9:20:14 PM PST · by TigerLikesRooster · 12 replies · 760+ views
    Market Watch ^ | 02/20/09 | Polya Lesova
    Russian boom ends as resource wealth vanishes Economy, stocks and currencies tumble, threatening Putin's political legacy By Polya Lesova, MarketWatch Last update: 6:42 p.m. EST Feb. 20, 2009 NEW YORK (MarketWatch) -- The reversal of Russia's fortunes is nothing short of a Chekhov drama. A seven-year economic boom fueled by cheap credit and soaring commodity prices has come to an abrupt end, plunging the country into the worst financial crisis since its 1998 debt default. Russia's economy is expected to contract by at least 2% in 2009 after growing at an average rate of 7% in recent years. Stocks have...