Quote by Andrea Jung

I became CEO at the beginning of the hit on old economy stocks. When something like that occurs in your first six months as a CEO of a more traditional branded firm, it makes for a fast learning curve.

I became CEO at the beginning of the hit on old economy stoc

Summary

This quote highlights the challenges faced by a CEO who assumes leadership during a period of economic downturn specifically affecting traditional businesses. The reference to a "hit on old economy stocks" implies a decline in the value and performance of established, non-tech companies. The quote suggests that this difficult situation offers a steep learning curve for a new CEO, emphasizing the need to quickly adapt and navigate through the unique challenges inherent in managing a more traditional branded firm during a disruptive market phase.

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