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A Model for Focusing Executives on Long-term Value Creation

Harvard Business Review

Its program is grounded in two simple but powerful tenets: Monetizing what executives earn as active managers is dependent on the performance of their successors. The Wine Group was founded in a management buyout in 1981. Today it remains independent, owned solely by current and former managers and directors.

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Case Study: Challenge the Boss or Stand Down?

Harvard Business Review

He'd also worked the back channels to get the ear of his division's software-development director and push his ideas about new service offerings — an unorthodox move that ruffled some midlevel feathers but got senior management's attention. I expect you to seek guidance from some of our seasoned managers. She paused. "I