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Who Really Makes the Big Decisions in Your Company?

Tom, the chief marketing officer of a company I’ll call LawnCare, is sitting in the biweekly executive committee meeting, and he’s becoming increasingly uncomfortable. The business development group is presenting the case for acquiring a competitor whose grass trimmers and lawn mowers are sold through big-box retailers. The acquisition, the team explains, would complement LawnCare’s high-end offerings, which are sold exclusively through a network of 600 distributors.

A version of this article appeared in the December 2011 issue of Harvard Business Review.

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