resilient podcast image with black bg


Barry Salzberg: Resilient podcast

The upsides of downturns

In the midst of a financial downturn, would you have the confidence to take bold risks? Barry Salzberg, former Deloitte Global CEO, discusses leading through a recession, taking smart risks, and investing in people.

Listen and subscribe to Resilient podcasts:

Listen on Apple Podcast Listen on Google Podcast Listen on Spotify Listen on Souncloud Listen on Pandora

Barry Salzberg, former Deloitte Global CEO, on the upsides of downturns

During the 2008 recession, very few companies were taking big risks. But that’s when Barry Salzberg, the former Global CEO of Deloitte, chose to move forward with two of the largest investments in company history. The first was Deloitte’s multi-million dollar learning facility, Deloitte University. The second was the acquisition of BearingPoint. Barry joined Deloitte Risk and Financial Advisory’s Mike Kearney to discuss smart risk taking during a recession.

There are always going to be investable opportunities during a downturn.

Many people shy away from large investments during financial downturns. But “if you can create an opportunity that matches the strategic imperative of your organization, it’s a pretty good time to make an investment,” said Salzberg.

His advice for executives:

  • Now is the time to start planning
  • You can’t just tell people what to do—you have to take them on a journey
  • Even in a downturn, you can’t treat all businesses the same
  • You need to have data to back up your risky decisions

Subscribe to the series and download the episode: Online or via your favorite podcatcher.

Back to top

Stay ahead of the curve

Subscribe to receive the latest Resilient podcasts and related information about the series.

Resilient is an award-winning podcast series that features authentic, engaging, and thought-provoking conversations with leaders. Hear interviews and personal stories about how CEOs, senior executives, government officials, board members, and people outside of the business world embrace complexity to lead, navigate, and disrupt to accelerate performance. And discover what they learned about resilience amid risk, crisis, and disruption.

For more in the series, visit the Resilient Podcast library page.

Back to top

Did you find this useful?