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The new deal at the top

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"Most companies have key managers reporting directly to the CEO on a one-to-one basis, with responsibility for their units or regions," says Yves Doz, who holds the Timken chair in Global Technology and Innovation at INSEAD. The Professor of Business Policy says the result is that "the businesses or regions tend to behave in an autonomous fashion similar to the way a baron would manage his fiefdom."

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Copyright INSEAD. All rights reserved