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A Model for Focusing Executives on Long-term Value Creation

Harvard Business Review

Its program is grounded in two simple but powerful tenets: Monetizing what executives earn as active managers is dependent on the performance of their successors. The Wine Group was founded in a management buyout in 1981. Today it remains independent, owned solely by current and former managers and directors.

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Case Study: Challenge the Boss or Stand Down?

Harvard Business Review

Thomas Green winced as he reread an e-mail message from his new boss, Frank Davis, marketing director for the travel and hospitality group at D7 Displays. Tom, this week's client meetings went well, but they would have gone better if you had been on top of the market data. When you're on your own, I expect you to be better prepared.