The Real Reasons Companies Are So Focused on the Short Term
Harvard Business Review
DECEMBER 13, 2017
From 1970 to 2004, the percentage of CEOs hired from outside the firm increased from 12% to 39%. CEOs from rival firms); conversely not all inside CEOs have it (CEOs promoted from finance). Instead of hiring outside CEOs, hire insiders—or at least CEOs with domain expertise. Instead of decentralizing R&D, recentralize it.
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