Foreword

During the past decade, scandals at Enron, Tyco, WorldCom, and others brought into sharp relief difficulties in governing organizations in a world fraught with unbounded greed and abundant opportunity to satisfy it. Driven by technological innovation, new industries sprouted with few rules or norms to guide the behavior of their leaders. As we face the next decade, organizations will become even more global, with flatter hierarchies, faster information flows, and increased interdependence. New competitors from exploding economies such as China and India will change the economic landscape, causing some U.S. industries to fight for their lives while others face limitless opportunity.

What might organizations do differently to respond ...

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