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The Leadership Blind Spots at Wells Fargo

Harvard Business Review

Despite five years of explicit and repeated warnings, the executive team and the board of directors were remarkably slow to see the breadth and gravity of this fraud, and to address it effectively. According to Stumpf’s testimony, a board committee became aware of the fraud “at a high level” back in 2011.

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Stop Saying Big Companies Can’t Innovate

Harvard Business Review

They believe big companies are weighed down by their own success, too invested in the past to create and execute new ideas. In fact, a lot of big companies have proven they are better positioned than emergent firms to create and execute innovation, however on-fire a startup may be. ” I disagree.

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How Investors React When Companies Announce They’re Moving to a SaaS Business Model

Harvard Business Review

To understand how traditional software vendors can move to the SaaS model while managing the transformation’s challenges, we studied how the stock market reacted to publicly listed firms announcing they wanted to introduce a new SaaS offering from 2001 until the end of 2015.

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Diverse Teams Feel Less Comfortable — and That’s Why They Perform Better

Harvard Business Review

A 2016 analysis of more than 20,000 firms in 91 countries found that companies with more female executives were more profitable. In a 2011 study management teams exhibiting a wider range of educational and work backgrounds produced more-innovative products. Diversity Can Increase Conflict, but Not as Much as You Think.

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Why Greece and Cyprus May Be Better Off Without the Euro

Harvard Business Review

Although the Eurozone’s 19 finance ministers recently threw Greece a much-needed economic lifeline , and the latter repaid the first of four loan installments that it owes the IMF in March 2015, there’s no long-term relief in sight for the troubled economy. The battles may be over, but the war is just beginning.

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