There's no lesson you can learn beforehand on how to jump in.
It's a lesson no one is prepared for, and ironically, you have no time to prepare.
Lesson No. 1: Where possible, keep or hire local management, which is what Gerdau has done ever since.
But words like "outreach" and "targeting" turn out to be much easier said than done, which leads to lesson No. 2.
No, the lesson from Autor et al is not that trade with China should be prevented, or that losers from trade need more compensation.
Other bank CEOs will no doubt learn the lesson of the bungled Citigroup power transition.
Shnaider is still venturing into unknown territories, p.r. lesson or no, throwing money around and staring down rivals.
The sad thing is that it didn't do any good: no one took any notice, no one learned a lesson, and it's still happening today.
So as painful as this day is and always will be, it leaves us with a lesson that no single event can ever destroy who we are.
That leads to the second lesson: no matter what a car firm's other global strengths, it is hard to make good money these days without succeeding in America.
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There is a newer, though no less fundamental, marketing lesson in this as well.
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Living my life so I'd have "no regrets" was a lesson I took in and believed in.
And no corporation has learned this lesson more thoroughly than the Labour Party.
But Painter no doubt learned a hard lesson about how difficult it is to force change in the auto industry.
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Merging different cultures is no easy task, a lesson which those European banks busily expanding into investment banking are learning painfully.
But a larger lesson is that no matter how much we improve our regulation of the industry, drilling for oil these days entails greater risk.
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It's a tough lesson to learn: No one listens, everyone thinks they're invincible.
The economically-strapped U.K. has learned this painful lesson and is finding no alternative but to cut solar power subsidies by half.
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The lesson for managers is no one is bigger than the team.
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And maybe, she says, that is the lesson here: that no matter where you are in life, look at what you have and be grateful.
No one can deny the cautionary lesson that Bigelow delivers on the perils of radiation, but most people will crave more thrills to go with their nasty spills.
But it has learnt an expensive lesson: that cash is no good without reform.
The lesson: The public sector no longer has a monopoly on government.
The lesson outlined above is that no matter what happens within the economy going forward, the banks are poised to reap gains in profits.
Does this make sense?? Well, why is that weak demand not showing up in prices?? There is no question that the Saudis learned the lesson of the 1980s that high prices lead to low prices, and so they do have an incentive to produce enough to bring these prices down.
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An abiding lesson of the Obama Presidency is that no tax increase is ever enough.
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