article thumbnail

How Corporate HQ Can Get More from Innovation Outposts

Harvard Business Review

They received generous expat remuneration packages and the tremendous opportunity to create their own social capital by meeting entrepreneurs and venture capitalists and being exposed to the frontier of ideas and technologies. They worked with little coordination and control from HQ. Propagate intelligence and insights.

article thumbnail

With New York Schools Appointment, Bloomberg Did it His Way

Harvard Business Review

Leaders need others' confidence and support and get it when their experience is perceived as relevant and, better yet, when key relationships provide them with social capital. By definition, tacit knowledge comes with time — so outsiders must approach organizations with humility.