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Their Commitment Might Mean More Than Our Insight

Marshall Goldsmith

Dave once taught me that effective performance can be seen as a function of the quality of an idea times the employee’s commitment to make it happen (EP = QI x C). As Peter Drucker sagely noted, “Most leaders I meet manage knowledge workers. These are people who know more about what they are doing than their boss does.”

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Yes, Short-Termism Really Is a Problem

Harvard Business Review

“Everyone who has worked with American management can testify that the need to satisfy the pension fund manager’s quest for higher earnings next quarter, together with the panicky fear of the raider, constantly pushes top managements toward decisions they know to be costly, if not suicidal, mistakes,” he wrote. .”

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Firms Are Wasting Millions Recruiting on Only a Few Campuses

Harvard Business Review

It’s not just that certain schools are known for excellence in a given field or offer coursework and training relevant to a specific career path. I saw this first hand while researching the hiring practices of top-tier investment banks, management consulting firms, and law firms. An Expensive Status Quo.

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4 Ways CEOs Can Conquer Short-Termism

Harvard Business Review

The quickest way to spring the short-term trap is to set overly ambitious targets — the kind that make the CEO a hero with investors in the short term, but threaten the long-term plan by, for instance, skimping on scheduled maintenance, cutting R&D investment, and shrinking travel and training budgets.

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