This noted authority on board practices believes that the root cause of board oversight failure lies in the inadequate attention given to the way each board is designed to handle its responsibilities. He outlines a reform agenda. A more active role means that directors will be challenged to...

The collapse of the dot‐com business sector has shown that, in reality, there is only one economy, with a new technology trying to find its way in it. Success in business will always depend on two areas of attention: building the business; and protecting the business. The Business Idea...

“Going global” is one of the guiding business imperatives of the new century. But what does it mean? There is no magic formula for going global, or even a clear definition of what the characteristics of a truly global organization are. This article summarizes two studies by Deloitte Touche...

Why do some management ideas take root and remain viable and others wither and die? This article offers four fundamental reasons: all organizations are basically living, social organisms; culture is more powerful than anything else in the organization; system‐focused interventions work,...

No firm can rest on its competitive laurels. Winning companies must know how to change, not just their products and services, but their business models. Changing business models used to be a once‐a‐career challenge. Now it’s the way firms compete. Most organizations have not been terribly...

This article presents the author’s premise that success in business requires a high degree of self‐serving behavior and exclusionary methods on the part of a company’s leaders. Using numerous examples, including Tom Watson at IBM, Bill Gates at Microsoft, Andy Grove at Intel, Phil Knight...

To be effective in today’s complex and changing world, managers need new insights and skills that up‐end conventional thinking about human potential, trust, energy, initiative, and commitment. Neuroscience holds the key to accomplishing this goal. The old belief was that all sensory input...