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The Vioxx Recall Tested Our Leadership

Harvard Business Review

They said that it might be possible to go to the FDA, add warnings to the label, and keep Vioxx on the market, but they believed that the most responsible course of action in the interests of the patient was to voluntarily withdraw the drug. We had done a restructuring in 2001 with a significant number of layoffs. billion in revenues.

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Steve Jobs, Tim Cook, and Apple's Innovation Premium

Harvard Business Review

He was first shown the door when John Scully and other marketing folks led the charge at Apple — a charge that quickly took a nosedive. It took a few years to get things back on track, but from 2005-2010 Apple's innovation premium jumped to 52%. Apple's innovative future hinges on these critical senior-leadership skills.

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The New New International Economic Order

Harvard Business Review

There is a much more important change in the global distribution of power underway, and the play for leadership of the World Bank signals that emerging markets will be increasingly bold in asserting their views about the management of the global economy. And apparently not in the fight over leadership of the World Bank.

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Innovating Around a Bureaucracy

Harvard Business Review

Consider the story of the Business Transformation Agency of the Department of Defense, which was founded in 2005 under Defense Secretary Rumsfeld, and "disestablished" in 2011 by Defense Secretary Gates. These leadership challenges may seem familiar, but in a bureaucracy they are, if anything, magnified.

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Who’s Responsible for the Walmart Mexico Scandal?

Harvard Business Review

The report describes the company’s governance response and changed compliance framework — from holding 20 audit committee meetings in 2014, to substantial organizational restructuring, to enhanced education and training. Boards Leadership Wal-mart' This step aims to bring appropriate expertise (e.g.