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Citigroup: A Symbol of Board Resurgence?

Harvard Business Review

Their failure to choose the right CEO and to provide appropriate oversight on core risks and opportunities has, in my view, reflected a broad failure of the corporate governance movement and its reliance on directors to effectively to oversee the corporation and its business leaders. environmental, health and safety laws]).

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Can JP Morgan Transparently Police Itself?

Harvard Business Review

boss, Ina Drew , the former head of their unit in of the bank's, the Chief Investment Office (CIO); and CEO Jamie Dimon, to whom the CIO reported who oversaw the CIO. Although the media has spoken loosely about a company "clawing back" pay, there are, in fact, different ways to hold responsible individuals to financial account.

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Six Strategy Insights RIM's New CEO Can Use

Harvard Business Review

Heins, the new CEO of Research in Motion (RIM), has been plucked from the company's relatively obscure COO position to fill the giant shoes of two longtime co-CEOs as they depart at the behest of angry investors. Is it Apple's consumer appeal, or the declining influence of corporate IT managers?

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25 Years Ago I Coined the Phrase ?Triple Bottom Line.? Here?s Why It?s Time to Rethink It.

Harvard Business Review

How often are management concepts subjected to recalls by the people who invented them? Management concepts, by contrast, operate in poorly regulated environments where failures are often brushed under boardroom or faculty carpets. Yet poor management systems can jeopardize lives in the air, at sea, on roads or in hospitals.

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Corporations Weren’t Designed to Run on Code

Harvard Business Review

What we’re witnessing may be less the failure of corporations to thrive in a digital environment than the limits of the corporate model in any environment — and the acceleration of this decline with each new technological leap. The strategy works, temporarily putting more cash on the positive side of the balance sheet.

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Why Are Some Sectors (Ahem, Finance) So Scandal-Plagued?

Harvard Business Review

These sectoral scandals raise profound issues for business leaders: in a highly competitive global economy, in which some sectors are flooded with money, how do you assess sector-wide integrity risks and achieve a culture of corporate accountability before , not after, bad behavior occurs? The most notable was Fannie Mae's $10.8