The management of the Eurozone debt crisis is dysfunctional. In our assessment, to save the Euro, policy makers must focus on competitiveness, common sense and communication. If policy makers strived to achieve just one of these principles, the Euro might outshine the U.S. dollar. Communication Let’s start with the simplest of them all: communication. In a crisis, great leaders have a no-nonsense approach to communication: providing unembellished facts, a vision, a path on how to get there, as well as progress reports. Just as in any crisis, such a leader typically only has limited influence on … [visit site to read . . . → Read More: Saving the Euro
The management of the Eurozone debt crisis is dysfunctional. In our assessment, to save the Euro, policy makers must focus on competitiveness, common sense and communication. If policy makers strived to achieve just one of these principles, the Euro might outshine the U.S. dollar.
Communication
Let’s start with the simplest of them all: communication. In a crisis, great leaders have a no-nonsense approach to communication: providing unembellished facts, a vision, a path on how to get there, as well as progress reports. Just as in any crisis, such a leader typically only has limited influence on … [visit site to read more]
