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VW’s Board Needed More Outsiders

Harvard Business Review

In managing the fallout from BP’s Gulf of Mexico oil spill disaster in 2010, company Chairman Carl-Henric Svanberg had to take over from CEO Tony Hayward, whose gaffes and public blaming of partners had only exacerbated the crisis. Take the case of BP. born BP veteran Bob Dudley as CEO.

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Many Companies Still Don’t Know How to Compete in the Digital Age

Harvard Business Review

inch disk drives; LCD vs. CRT television; online vs. brick-and-mortar banks). Since its bankruptcy in 2012, Kodak has been a poster child for innovation incompetence: After inventing the world’s first digital camera in 1975, the conventional story goes, myopic managers allowed a bloated company to let inertia drive it off a cliff.