article thumbnail

How IBM's Sam Palmisano Redefined the Global Corporation

Harvard Business Review

The real story behind IBM's success is the course Palmisano set for 21st century global enterprises. Palmisano reorganized IBM into a "globally integrated enterprise" focused on worldwide collaboration. His ingenious first step toward creating a collaborative culture was a massive, global collaboration. It is not about you.

article thumbnail

The Compensation Silly Season

Harvard Business Review

What makes the focus on such measures silly is that there is increasing evidence that successful CEOs focus on longer-term drivers of company success, such growth through new products and businesses or global expansion, which take years to achieve.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Great Splintering

Harvard Business Review

I grew up a global orphan, and I call London my home today. Today's world of bailouts, golden parachutes, sky-high financial-sector salaries — while middle incomes stagnate — seems to be exactly the reverse. But the superstorm's a global one, not just a cloudburst over Camden Lock.

article thumbnail

Dennis Kozlowski Was Not a Thief

Harvard Business Review

During the decade he headed the company (1992 – 2002), Tyco grew from a small New Hampshire conglomerate into a global giant operating in more than 100 countries with 250,000 employees and $40 billion in annual revenue. Kozlowski is the former CEO of Tyco International. But like the meeting minutes, the directors’ testimony was unreliable.

article thumbnail

Income Inequality Is a Sustainability Issue

Harvard Business Review

Just last week, the World Economic Forum named income inequality as “the risk that is most likely to cause serious damage globally in the coming decade,” and Oxfam International reported that the world’s 85 richest people have more wealth than the 3.5 Yes, Switzerland.