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A New Era for Global Leadership Development

Harvard Business Review

In order to adapt to local cultures and market needs, companies must shift to decentralized, collaborative decision-making. With flatter organizations and decentralization of power, corporations must develop savvy global leaders capable of operating locally and globally simultaneously. Broaden the reach of leadership development.

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India Remakes Global Innovation

Harvard Business Review

In 2008, Dr Reddy's acquired Chirotech, Dow Chemical's R&D unit, for $32 million, and in April 2011 relocated it to a new 33,000 sq. Decentralize and empower global R&D units. Reliance MediaWorks' global creative network is highly decentralized, allowing each design studio head in the U.S. facility in Cambridge Science Park.

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Sears Has Come Back from the Brink Before

Harvard Business Review

At the hoary age of 128, it had already beat the odds twice over when it lost its place to chemical maker LyondellBasell at close of trading this year on September 4 th. Founded in 1886 as a mail-order watch retailer, Sears was already 71 when it became an original member of the S&P 500 in 1957.

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To Become More Adaptable, Take a Lesson from Biology

Harvard Business Review

Decentralization. The result was more than 8,000 environmentally and financially beneficial changes, each developed out of individuals' particular expertise: Administrative assistants knew best how to reduce paper waste, and chemists knew best how to reduce chemical waste. But when they have, they've been remarkably successful.