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MUMBAI: Overwhelming obstacles and huge setbacks have not stopped
some companies and businesspeople from defying the odds to turn
a business around and come back stronger than ever. December's edition
of Global Office on CNN again crisscrosses the world to meet
some of these masters of the corporate comeback. The show airs on
18 November at 2 pm, 8 pm, 19 November at 6 pm and on 23 November
at 8 pm,
CNN's Maggie Lake speaks to an emotional Howard Lutnick, CEO of
Cantor Fitzgerald, who relives the morning of 9/11, 2001 when the
attack on the World Trade Centre killed nearly every member of the
company's staff. Lutnick survived the attack because he was dropping
off his son to his first day of kindergarten and he describes how
he helped revive the company in the most trying circumstances imaginable.
For home electronics company Sharp, the mid-nineties was a trying
time as profits were down and the brand was sagging. After being
appointed president, Katsuhiko Machida decided to take a huge gamble
by halting many lines and concentrating on flat screen LCD televisions.
Machida explains to GLOBAL OFFICE how that gamble paid off and why
the company hasn't looked back.
Picking up the pieces and trying again is second nature to Trip
Hawkins, founder of computer games giant Electronics Arts. After
massive success with EA, he decided to spread his wings. His next
company, 3DO, stumbled from disaster to disaster until he was forced
to close it down. Now with a new venture, Digital Chocolate - a
games company that is picking up plaudits worldwide - he talks candidly
about the highs and lows of business life and what keeps him motivated.
Honoured by Queen Elizabeth II, loved at Givenchy and feted by
his peers, designer Ozwald Boateng was nearly driven out of business
during the Asian Financial Crisis. He tells CNN how he survived
the crash and how he plans to make the most of the good times ahead.
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