Perpetuating Success Or Sliding Into Decline Is

The Importance Of Discretion Increases With Closeness To The Top Of A Hierarchical Organization.

Innovation Is An Outgrowth Of Initiative, And Initiative - Taking Positive Actions In A Belief That Your Actions Can Make A Difference - Is A Big Part Of Confidence.

What Being Among The 'right People' Entails Is The Possession Of Human Capital, Rather Than Organizational Capital: An Individual Reputation, Portable Skills, And Network Connections. Career Responsibility Is Squarely In The Hands Of Individuals, A Function Of Their Knowledge And Networks. Transferable Knowledge Is More Important To A Career Than Firm-specific Knowledge.

Everything Looks Like A Failure In The Middle.

One Of The Symptoms Of A Losing Streak Is A Turnover Of Top Executives. It's A Revolving Door.