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Three Traps to Avoid When Choosing a Successor

Marshall Goldsmith

As you proceed in the succession process, you are going to have to let go. It is especially tough since, as long as you are still the leader, you have the power to reverse the decisions. As hard as it may be, you have to let him or her begin to make a bigger and bigger difference in developing strategy. Life is good.

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Stop Selling And Start Leading

Eric Jacobson

Today’s buyers have enormous power and information and more choices than ever before,” add the authors, James Kouzes , Barry Posner and Deb Calvert. It’ll teach you how to leverage the power of The Five Practices of Exemplary Leadership to consistently make extraordinary sales. They can fit inside an established sales process.

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Design Lessons from the Consumer at the Bottom of the Pyramid

Harvard Business Review

Prahalad, put it there), the struggle to understand its role as a market and as a source of innovation continues. The bar for usability is very high in developed markets because of an abundance of choice and competition. The poor are also used to a highly collaborative design process. In the U.S.,

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To Profit from Doing Good, Start Small

Harvard Business Review

Leaders of these companies now believe that "doing good" can be a powerful strategy for growing markets, stimulating innovation, motivating employees, tapping into new talent pools, and actually reducing costs. Prahalad called the bottom of the pyramid. As Jason Saul argues in his new book Social Innovation Inc. ,

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Compete on Know-Why, Not Know-How

Harvard Business Review

A case in point: The Prius has become such a strategic product that Toyota is in the process of turning it into a full sub-brand and a range of vehicles. For example, Honda's strategy was to quickly absorb its hybrid technology into models that looked no different than standard gasoline-powered ones. Forward-looking.

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The Fine Line Between When Low Prices Work and When They Don’t

Harvard Business Review

They operate with extreme cost and process efficiency, which enables them to enjoy good margins and profits even while charging low prices. At the same time, Honda was developing a much simpler and extremely inexpensive model called the Wave. They have a high-growth, high-revenue focus. They are extremely efficient.

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Setting Strategy in Egypt's (and Other) Shifting Sands: A Four-Part Approach

Harvard Business Review

Developments in the Middle East — first the removal of long-time Tunisian President Zine el-Abidine Ben Ali in January 2011 and now Hosni Mubarak's stepping down in Egypt — suggest that authoritarian regimes in the region are not immune to "people power."