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Companies Can Address Talent Shortages by Partnering with Educators

Harvard Business Review

Although it’s hard to pinpoint when skills shortages became the norm in the U.S., industries face acute skills shortages. And how can companies help to address their own skills shortages to remain competitive in the future? Bernhard Lang/Getty Images. ” Unfortunately, this goal hasn’t been met. .”

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Innovation Should Be a Top Priority for Boards. So Why Isn’t It?

Harvard Business Review

In contrast, 70% of respondents think their boards have effective processes for staying current on the company; 69% for compliance; 66% for financial planning; and 55% for risk management — although we should note that managing risks is a crucial consideration when pursuing innovation. Director Recruitment and Skills.

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The Industries Plagued by the Most Uncertainty

Harvard Business Review

For example, a wide variety of clean technologies (including wind, solar, and hydrogen) are vying to power vehicles and cities at the same time that a wide variety of medical technologies (chemical, biotechnological, genomic, and robotic) are being developed to treat diseases. Consider the 2×2 matrix below.

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Joining Boards: It's Not Just Who You Know That Matters

Harvard Business Review

It starts with a focus on skills. Although many boards continue to select new members from their own networks, our research suggests that more are beginning to implement objective processes to select members based on the skills and attributes that boards need to be effective. In our survey, we also asked about specific skills.

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Developing Global Leaders Is America's Competitive Advantage

Harvard Business Review

As global companies focus their strategies on developed and emerging markets, they require substantial cadres of leaders capable of operating effectively anywhere in the world. economy, expands America's global trade, and attracts foreign companies to base operations in the U.S.

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7 Charts Show How Political Affiliation Shapes U.S. Boards

Harvard Business Review

Boards of companies operating in the consumer discretionary industry have a disproportionately high representation of Democrats, while boards operating in the industrials and energy and utilities industries skew more Republican. Meanwhile, Democrats place greater importance on technology expertise and risk management.

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Case Study: Is a Promotion Worth Hiding Who You Are?

Harvard Business Review

.” Hanguk was a large, fast-growing company with diversified interests spanning electronics, biotechnology, shipping, construction, and chemicals. Of course it was natural for a boss to have mixed feelings about seeing a valued employee move on, but David was more than Mark’s manager: He was his mentor.