|Conference Addresses C-Level Concern in Down Economy|
The Corporate Executive Board's Cross-Disciplinary Conference, Anchored by Dr. Alan Greenspan, Examined Critical Issues Facing Leadership in Today's Turbulent Economy
ARLINGTON, Va.--(BUSINESS WIRE)--May 20, 2008--Last week more than 300 C-level executives from around the globe gathered for a conference hosted by the Corporate Executive Board (NASDAQ: EXBD) addressing the opportunity for leadership in an unstable economic environment. "One member told me the conference provided him with timely insights on how to finalize stalled budget discussions with cross-functional peers in his organization," said the Corporate Executive Board's Chairman and CEO Tom Monahan.
During the two days conference "Crisis or Opportunity: Leading Through a Down Economy," key executives from some of the world's leading companies participated in presentations and roundtable discussions examining strategies essential to succeed in an economic downturn. Monahan commented, "By bringing together all segments of leadership, from sales and marketing to human resources to IT, we facilitated discussion and exchange among executives spanning the entire enterprise."
Attending executives represented leading companies including Siemens, Caterpillar, Johnson & Johnson, Lafarge, Sterling Financial and others. Participants included executives from a variety of functional areas.
One of the highlights was the opportunity for attendees to hear first-hand insights from Dr. Alan Greenspan, chairman, Federal Reserve (1987-2006), about corporate decision-making in a changing economy. The Corporate Executive Board's Monahan moderated a question-and-answer session with Greenspan featuring questions drawn from conference attendees that included the state of the U.S. economy, the current financial crisis, the strength of the dollar in international markets and what issues corporate boards should be discussing in this downturn.
Other key speakers sponsored by the Corporate Executive Board were Dr. James Schrager, leading strategy professor from the University of Chicago Graduate School of Business, Peter Sheahan, author of Generation Y: Thriving (and Surviving) with Generation Y at Work and Derek van Bever, the Corporate Executive Board's own Chief Research Officer and author of Stall Points: Most Companies Stop Growing - Yours Doesn't Have To. Each of these speakers positioned the slowing economy as an opportunity to fortify key decisions within their organizations such as strategy, talent management and growth.
Additional sessions and roundtables over the two days produced a number of authoritative insights on topics facing today's executives, including procurement in the current economic environment, technology investments in a tight economy, strategic choices to retain a competitive advantage in a changing economic landscape and recruiting strategies for a down economy.
"This cross-functional event allowed us to serve our members in a new and exciting way," said Monahan, "and we are already hard at work planning more such events."
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CONTACT: Corporate Executive Board Joni Renick, 571-303-4074 email@example.com SOURCE: Corporate Executive Board