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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

In hindsight, this thinking turned out to be far less important than what we learned about leadership, control, and trust, which ultimately were reflected in how each of the businesses was created, capitalized, and staffed. We were optimistic about Yahoo’s future in China as the deal closed in January 2004.

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The Real Reasons Companies Are So Focused on the Short Term

Harvard Business Review

From 1970 to 2004, the percentage of CEOs hired from outside the firm increased from 12% to 39%. A recurring theme in those interviews was bemoaning major changes in R&D strategy that occurred as a consequence of new, often outside, leadership. Why do these shifts occur? Note the solution is not to avoid outside CEOs.