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Serving on Boards Helps Executives Get Promoted

Harvard Business Review

On a board you’re together a lot, and you’re working on problems together and you have a shared fiduciary duty, so it creates very tight bonds of friendship.” ” Similarly, Sempra CEO Debra L. Reed has also said that sitting on the board of another company is “ better than an M.B.A.

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Should You Share a Room on a Business Trip?

Harvard Business Review

The kind of bonding that I inadvertently experienced may be more frequent these days as the byproduct of a corporate mindset reshaped by Great Recession-driven austerity practices — among them requiring employees to share rooms. Cutting costs Human resources Organizational culture'

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Is Your Business Biased Against Innovation?

Strategy Driven

Another well-known problem is that if you are a P&L leader in a publicly traded firm, you pay dearly for missing quarterly targets and don’t get dinged at all for failing to invest in the future. Imagine you’re the guy who was running the Walkman business at Sony a decade ago. It is among the most transactional of all businesses.