Marvin Bower, McKinsey’s managing director from 1950 to 1967, guided the firm’s emergence as a leader in management consulting. In an excerpt from his 1997 book, he explains the meaning of great leadership. more
The fact that 10 of history’s 15 largest bankruptcies have occurred since 2001 shows how hard it is to manage companies for both short-term performance and long-term health. This month we present a classic Quarterly article examining that challenge. more
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