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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. Invariably when transition occurs, some of your friends may lose status or power and may end up leaving the company. 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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The Guru's Guide to Creating Thought Leadership

Harvard Business Review

In particular, our research revealed that HBR's authors consistently took aim at one of three core business objectives: improved efficiency, greater effectiveness, or innovation of products and processes. So what did Hamel and Prahalad add? But they also sprinkle in new case examples that align with the current zeitgeist.

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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 poor are also used to a highly collaborative design process. Close to a decade after the idea of the "Bottom of the Pyramid" (BOP) came into the business vocabulary (disclosure: my father, C.K.

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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.

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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. Only then can the company capitalize on the powerful link between price and profit and create long-term value for shareholders. They have a high-growth, high-revenue focus.

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