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Research Suggests Firms Should Look Externally For New Bosses

The Horizons Tracker

The researchers draw inspiration from the private equity industry, where around 75% of new CEOs are drawn from outside the firm, with two-thirds regarded as “complete outsiders” This is almost the exact opposite of recruitment in S&P 500 firms. The rewards for both the executive and the firm are substantial.

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How to Advance Your Career in HR

HR Digest

The Bureau of Labor Statistics predicts a 5% HR career growth rate between 2010 and 2020. Other common employers include healthcare facilities, insurance providers, financial institutions, and pharmaceutical companies. Most recruiters specialize in certain industries. Job Outlook . Work Environment. Top Companies .

Career 98
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Guest Post: Talk is Cheap!

Lead on Purpose

Over 150 companies, including Durkee, Cremora, San Giorgio, Ronzoni, and McCormick, now use the entire line of Flapper products, and Weatherchem continues to lead the industry in offering the widest, most innovative array of closure products. Filed under: Integrity , Leadership , Purpose , Team Building , Trust Tagged: | Albert J.

Committee 140
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Do Lawyers Make Better CEOs Than MBAs?

Harvard Business Review

For the past several years, Wells Fargo has been run by MBAs, while Bank of America’s CEO since 2010, Brian Moynihan, has a law degree from Notre Dame. We did not observe an obvious selection bias in which industries hired lawyer CEOs. Lawyers were much less aggressive in accrual accounting relative to industry levels.

CEO 8
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New Report: We're Not As Connected As We Think

Harvard Business Review

Europe is the world´s most globally connected region and sub-Saharan Africa the least, but it is encouraging to note that sub-Saharan African countries averaged the largest increases in global connectedness from 2010 to 2011. Countries' levels of global connectedness are impacted both by their domestic and their foreign policies.

Report 15
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What's Next For Guangdong?

Harvard Business Review

The province's exports growth rate, which was 26% in 2010, fell to 22% in the first nine months of 2011, and it has continued to decline ever since. That's why Guangdong's population of migrant workers declined by 3% every year between 2005 and 2010. It's difficult to say. The pressures are evident.

GDP 12
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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. In several industries, such as consumer goods, financial services, industrial products, and logistics, COOs usually had backgrounds in either managing operations or information technology departments.

COO 12