Costs can mount quickly when the chief executive officer of a large company is fired or departs suddenly without an obvious internal replacement. The typical seven-figure severance package and ...

Canadian economist Mark Carney has been on the front line of each of the major economic shocks of the past 20 years: credit crisis, climate change, and COVID-19. As governor of the Bank of Canada from ...

A version of this article appeared in the Summer 2018 issue of strategy+business. As Haier’s chief executive, I have been aware of the pressure that the Internet has placed on the business models of ...

Note: This is part one in a three-part series addressing how leaders at every level can become better equipped to navigate the new world of work. Read part two on developing better leadership habits.

Sometimes epiphanies come by email—or, in this case, three emails. It was Saturday at 5:17 a.m., and Joanna was already at her laptop. As the new CEO of the fictional Seabright Publishing Company, ...

Sometimes corporate culture manifests itself in a make-your-own-taco party in the office kitchenette. Sometimes you can see it when an outdated phone bank is converted into an on-site ice cream shop.

This article was written with Evan Hirsh and Kasturi Rangan. I once heard a business leader say, “Strategy is results.” He meant that strategy doesn’t matter as long as you are producing results. Many ...

One of the dominant story lines during the Great Recession was the plight of U.S. automakers. The failure of the Detroit Three—the Chrysler Corporation, Ford Motor Company, and General Motors ...

At the beginning of every meeting, a question hangs in the air: Who will be heard? The answer has huge implications not only for decision making, but for the levels of diversity and inclusion ...

What does it mean to become digital? Companies in all industries are building online businesses, enabling new customer experiences, experimenting with “big data,” and seeking advantage in a digitally ...

A version of this article appeared in the Summer 2021 issue of strategy+business. Niki Leondakis, a veteran hotel-industry CEO, started managing people in college when she was promoted from waiter to ...

The job of a chief executive officer at a large publicly held company may seem to be quite comfortable — high pay, excellent benefits, elevated social status, and access to private jets. But the ...