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gutted by the Internet, threatened by electronic books and plagued by inconsistent management - filed for Chapter 11 bankruptcy protection today, 40 years after Borders started as a used bookstore on South State Street here in Ann Arbor, MI. Sources: The Wall Street Journal, [link] and Forrester Research, Inc. Borders Group Inc.,
Three-fourths of those we examined sit on the executive management team within the company. Even if their teams are small, their voice on the executive management team means they have influence over how the company prioritizes and spends resources. About one quarter of these CCOs formerly held operations positions.
The mob bosses constructed enduring crime rings using core economic concepts of corporate governance that lawful managers also must follow. Forrester is the co-author of Relentless: The Forensics of Mobsters; Business Practices. For more information, please visit jeroldzimmerman.com.
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