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20 Reasons Why Companies Should Do Less Better

In the CEO Afterlife

The seemingly more attractive (and logical) option is to do more and more – the theory being the more markets, products, and businesses a company engages in, the better the results. Today, 40% of Nike’s revenue comes from apparel and sporting goods. Farsightedness is essential to effective leadership. This is not true.

Company 177
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The New Roadmap For Entrepreneurial Success

Eric Jacobson

Prior industry experience is very important for entrepreneurs targeting some markets, but less important for other markets. If you launch a beverage brand or a fashion apparel company, industry experience is super valuable. All three types can be gained by working for a big company before launching a venture.

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The Best CMOs Combine 4 Leadership Styles

Harvard Business Review

That’s why CMOs need to develop four types of leadership, which are based loosely on Gartner’s Intelligent Brand Framework. The idea is to identify your power center — which one best represents your natural capabilities — and develop skills to flex across these leadership styles. It resonated.

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What Connects Coca-Cola, Lego, In-N-Out, Intuit, and Nike? Focus.

In the CEO Afterlife

This can mean expanding product lines, entering new markets and geographies, line extending brands, acquiring new businesses, creating projects, and adding layers of management to manage the self-created complexity. Management power rests with focused strategies on two product categories, athletic shoes and apparel.

Apparel 100
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The Biggest Obstacles to Innovation in Large Companies

Harvard Business Review

But creating new places where people can gather to work on projects — subcultures within the larger culture — can be constructive. Too many companies wait for the annual strategic off-site to roll around before they address the changing dynamics of their market. Lack of budget (41% of respondents.).

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For Entrepreneurs, Three Ways to Control Your Destiny and Rekindle Joy

Harvard Business Review

Speaking out primes the market, builds anticipation, helps a radical idea sound familiar, and for those whose name becomes associated with the idea, thought leadership offers entree to circles of potential future backers and supporters. He now writes and speaks without waiting for the results of his pilot project.

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How to Hire a CEO You Won’t Want to Fire

Harvard Business Review

In the apparel industry alone, we’ve just seen the end of American Apparel’s Dov Charney and the ouster of Lululemon Athletica founder Chip Wilson – plus the installation of interim CEOs at Target and JC Penney following their previous leaders’ firings. A lot of CEOs are being shown the door lately.

CEO 15