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The Rise of the COO

Harvard Business Review

Of the 97 largest listed companies in the UK and the Eurozone in 2010, only 37 had a COO in their executive ranks. When we analyzed the careers of all the incumbent CEOs of the companies in our sample, we found that only 23 of them had previously been COOs. Few European companies have COOs, although their numbers appear to be growing.

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America's Innovation Shortfall and How We Can Solve It

Harvard Business Review

One obvious reason was that the huge trillion-dollar investment bets, most of it taxpayer money, in synthetic biology, robotics, nanotechnogy, space, and alternative energy did not pay off. The Corporate Elite continued to do what they did most of their careers: increase efficiencies, boost scale, and lower costs to maximize profits.