Only a few actions matter, and they require the CEO’s attention.

That said, statistically speaking, four sets of interventions appear to matter most: contextualizing the program based on the organization’s position and strategy, ensuring sufficient reach across the organization, designing the program for the transfer of learning, and using system reinforcement to lock in change (Exhibit 2).

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We had to edit last week’s interview with Vanguard’s Tim Buckley (I went on too long). There could be no better training ground than spending my entire 26-year career at Vanguard and the last 16 years on the senior leadership team.

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This week, we sit down with Rich Barton, the Microsoft engineer who developed Expedia while working for Bill Gates and Steve Ballmer in the 1990s. Expedia was spun out of Microsoft, and while CEO Barton took it public, before it was eventually acquired by Barry Diller’s IAC.

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Earlier this month, we learned that William McNabb, Vanguard Group’s current Chief Executive Officer and Chairman, will step down as CEO, effective January 1, 2018.

Buckley: I’ve had the distinct opportunity to work with all three of Vanguard’s CEOs and have learned so much about our company, the investment management business, the financial markets, and leadership.

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The CEO of Shire explains how he’s repositioning the company and gearing up for more change. McKinsey senior partners Martin Dewhurst and Andy West recently talked with Shire’s CEO, Flemming Ørnskov, about the company’s efforts to transform and the importance of staying three steps ahead of the organization you’re leading.

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Independent work is on the rise, thanks in part to new digital platforms that allow people to find work and offer their skills.

The traditional 9-to-5 job has taken a beating in recent years as more people have worked from home and as independent work has increased.

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JPMorgan Chase CEO Jamie Dimon expressed frustration at the U.S. federal government during the company’s earnings conference call Friday.

The “American business sector is powerful and strong.

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Conversations with hundreds of business leaders reveal nine ways that they are—and are not—adapting to the analytics revolution. Here we offer nine insights based on these conversations, and suggest actions for business leaders to take.

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CEOs and senior executives can employ proven techniques to create top-team performance.

Beyond team size, CEOs should consider what complementary skills and attitudes each team member brings to the table.

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In some cases, it is more tax-efficient to pay off the mortgage, said Dana Anspach, CFP and CEO of Sensible Money.

She warns against using taxable withdrawals from individual retirement accounts and 401(k) plans to make mortgage payments.

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Your salesforce needs help to remain objective, build trust, get the price right, and keep selling until the deal is done. A number of companies we know are using advanced-analytics tools to help the salesforce stay firm on price.

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The two chief executives of General Electric Co. were dealt very different hands.

With the news that Jeff Immelt is stepping down as chief executive officer of General Electric Co., it seems worthwhile to take an early measure of his legacy.

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Is Tech Driving Markets Higher? [0.23]

Posted on May 22, 2017, 10:30 a.m. by The Big Picture @ [source]

The “Fast Money Halftime Report” traders discuss the technology sector which is up 17% this year. Karen Firestone, Aureus Asset Management CEO, talks about the connection between world markets and technology.

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Book Bits | 13 May 2017 [0.12]

Posted on May 13, 2017, 11:06 a.m. by The Capital Spectator @ [source]

Economists often act as if their methods explain all human behavior.

Today, the pay gap between chief executive officers of major U.S. firms and their workers is higher than ever before—depending on the method of calculation, CEOs get paid between 300 and 700 times more than the average worker.

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No insurance company has yet completed a digital transformation—one that fully harnesses the power of digital technology to rethink every aspect of the organization.

The future of insurance will be digital.

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How functional leaders become CEOs [0.12]

Posted on April 17, 2017, 2:36 p.m. by McKinsey Insights & Publications @ [source]

Limited operational experience is not necessarily a barrier to the top job. Here’s what CFOs and others must do to jump to the next level.

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A deal-making strategy for new CEOs [0.14]

Posted on April 13, 2017, 1:48 p.m. by McKinsey Insights & Publications @ [source]

New CEOs typically raise the tempo of transactions at first, then the pace slows down.

More than half of new CEOs of S&P 500 companies launch some form of transaction during their first two years in office.

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What makes a CEO ‘exceptional’? [0.21]

Posted on April 10, 2017, 2:22 p.m. by McKinsey Insights & Publications @ [source]

We assessed the early moves of CEOs with outstanding track records; some valuable lessons for leadership transitions emerged.

New CEOs face enormous challenges as they start assembling a management team and setting a strategic direction in today’s volatile environment.

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Tiburon CEO Summit XXXII today! [0.23]

Posted on April 4, 2017, noon by The Reformed Broker @ [source]

I’ll be out of pocket for the rest of the day today as I make my third appearance at Chip Roame’s Tiburon CEO Summit at the Ritz-Carlton in New York City.

Chip’s event is perhaps the most prestigious of the year for the wealth management industry.

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The size of personal bank credit in India [0.13]

Posted on March 7, 2017, 11:12 a.m. by Ajay Shah's blog @ [source]

Universal basic income in India: An idea whose time has not come by Ajay Shah. Cash transfers to poor people For many years, economists have advocated cash transfers to poor people as the best tool f...

Notes on Union Budget 2017-18 by Suyash Rai.

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