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How leaders of multi-business groups add value

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Too often leaders of multi-business groups struggle with how to best add value at this level of management. CEOs and business group leaders can improve the odds of success in these roles, and better retain potential successors, by answering three questions: Is there a clear business case for grouping these businesses? Given a clear business case, what are the most important roles the group executive should play? Given these roles, what are the key skills I should look for in each group executive? Drawing from interviews, existing literature, and their own extensive experience, the authors provide frameworks and perspectives that help top executives answer these questions.
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Keywords: Business Development; Competencies; Groups; Management; Strategy

Document Type: Research Article

Publication date: July 23, 2002

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