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20 Reasons Why Companies Should Do Less Better

In the CEO Afterlife

Do Less Better practitioners are fanatical about focus and de-complexity; herein lies the secret of their success. 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. This is not true. 1 Big Idea .

Company 177
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Why Innovators Should Study the Rise and Fall of the Venetian Empire

Harvard Business Review

But when change comes suddenly, it can turn strengths into weaknesses and sweep away even thousand-year success stories. But, like a lot of successful entities, Venice reached a point where it focused more on exploitation than exploration: Venetian traders followed existing paths to success.

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How Merck Is Trying to Keep Disrupters at Bay

Harvard Business Review

They also debunk the common notion about disruption that big companies must willfully forget what they learned from prior periods of growth and success. It’s a two-way flow of information from ideation to execution, and transparent: meetings, successes, and decisions are posted on an inter-company wiki. Integration is key.

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The Secrets to Building a Lucky Network

Harvard Business Review

There are no guarantees to entrepreneurial success. A major customer may default, a promised source of funding may disappear, or the world's markets may sour — any of these can shift your trajectory in an instant. Warren Buffett has famously credited most of his success to Luck. Then again, you may be lucky.

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How to Know If a Spin-Off Will Succeed

Harvard Business Review

The first category is exogenous factors over which the business has little control: the growth of the markets into which it sells; the competitive intensity and thus the average profitability of the industry in which it operates; or the fragmentation of its industry and thus the scope for a growth-by-acquisition approach.

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Microsoft’s Next CEO: How the Board Can Get It Right

Harvard Business Review

If the succession and search are not driven by those who have already run another firm, the company is, in our experience, less likely to end up with a CEO who can run this one. and abroad, we have come to conclude that too much of the debate around CEO succession misses one of the most important determinants of success or failure.

CEO 8
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The Right Kind of Conflict Leads to Better Products

Harvard Business Review

When partners in an alliance come into conflict, it can be just what is needed to produce a technically and commercially successful product. ” Members from each partner organization rate the alliance in areas related to strategic fit, operational fit, and cultural fit. The results were fascinating.