By Patrick Dailey and Joel Koblentz Transformation is one of the most challenging competencies a board must master. McKinsey & Co. estimates that 70 percent of transformations fail to achieve their objectives. Yet board and management teams instinctively know, change is unavoidable and transformation is compulsory. Companies including Macy’s, JC Penney, The Limited, Yahoo, Hewlett-Packard, […]

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