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Scully/The World Show

Stephan Cretier (#1332)

This week, an inspiring lesson in beating the recession. The true worth of entrepreneurs can sometimes be found, not just in how they cultivate an idea to turn it into a resounding success, but in how they revive that success in the face of great economic adversity. With this in mind, Bob sits down once again with the President and CEO of Garda, Stephan Cretier. Garda is one of North America's largest security companies, specialized in physical security, investigations and cash logistics. During the economic downturn of 2008-09, many of Garda's clients, including U.S. banking behemoths Wachovia and Washington Mutual, suffered huge losses, leaving the company in a very vulnerable position. Garda was threatened by a perfect storm. And Cretier showed daring leadership. He first reassured his creditors as to how vital his presence would be throughout the recovery process, thereby preventing his own ouster. Secondly, he took the opportunity to focus intently on strengthening his relationships with clients, showing how Garda would meet the challenges and exceed their expectations. Many companies and CEOs were swamped, and then drowned. Not Cretier. Today, Garda is back on track. [26 minutes] Closed Captioning

This episode has not aired in the past few months on Iowa Public Television.

PBS Video

Series Description: SCULLY/THE WORLD SHOW is devoted to one-on-one interviews with some of the world's most significant and famous personalities. Host Robert Scully has been described by Canadian daily La Presse as "the best interviewer on television." Since its debut in Canada in 1983, the series has featured Nobel laureates, heads of state, royalty, authors, financiers, athletes, designers, diplomats and philanthropists.

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