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Bernard Arnault, for instance, the executive chairman of luxury goods maker LVMH, was clearly in the same frame of mind when we caught up with him in a 2001 HBR interview. The first requires that top managers understand and explicitly determine how innovation fits within the larger corporate strategy.
Fallouts with family over work can cause a tremendous amount of anger, sadness, and shame , says Rob Lachenauer, CEO and cofounder of Banyan Family Business Advisors. ” One smart strategy is to tap an independent board member to evaluate your progress and performance so you can get smart career advice and reviews.
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