Want to know the secrets to running a successful business? Business Review talked to the top managers who head up 20 of the most important organizations in their sectors to get the lowdown on the main lessons they have learned since taking the helm.
Here’s a lesson from Steven van Groningen, CEO and president, Raiffeisen Bank:
“The crisis confirmed once again that you need to be prepared for any situation, even if it means giving up some short-term benefits, and it is worth pondering before doing something. It reminded us that we can’t anticipate everything and any model has its limitations. In my opinion, you can see an opportunity in an economic crisis as its effect can be a positive one because it forces you to react, make changes and adapt. Today’s world is rapidly changing and hence, crises are expected to happen more often. The key is to be ready and adapt quickly to the new situations.”