6 Lessons from Companies That Shut Down Their Business in Russia

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How leaders made business-altering decisions while navigating pressures from social media, employees, customers, politicians, and the stock market.

Increasingly, companies are being pressured to decouple from regions that customers, employees, politicians, advocacy groups, and even leaders deem politically fraught. This can pose a dilemma for executives, as research both shows that fast decision-making is vital, but some circumstances require deliberation and care.

Rising tensions between the U.S. and China, escalating turmoil in the Middle East, scrutiny over the climate-friendliness of the supply chain, and other similar issues are forcing companies into a new dilemma: how to manage business decisions that are driven not by profits nor a company’s own strategic planning but are based on moral and societal values. Pressures for decoupling from dangerous, politically fraught regions will make these situations more common.

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6 Lessons from Companies That Shut Down Their Business in RussiaIncreasingly, companies are being pressured to decouple from regions that customers, employees, politicians, advocacy groups, and even leaders deem politically fraught. This can pose a dilemma for executives, as research both shows that fast decision-making is vital, but some circumstances require deliberation and care.
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Source: HarvardBiz - 🏆 310. / 63 Read more »

6 Lessons from Companies That Shut Down Their Business in RussiaHow leaders made business-altering decisions while navigating pressures from social media, employees, customers, politicians, and the stock market.
Source: HarvardBiz - 🏆 310. / 63 Read more »

6 Lessons from Companies That Shut Down Their Business in RussiaHow leaders made business-altering decisions while navigating pressures from social media, employees, customers, politicians, and the stock market.
Source: HarvardBiz - 🏆 310. / 63 Read more »