DECEMBER201652LeadershipHowtoHireaCEORamCharan88TechnologyFixingDigitalDiscriminationRayFismanandMichaelLuca98ManagingYourselfWhenYouHateYourBossManfredF.R.KetsdeVries“FRONTIERECONOMIES”MAYBERISKY,BUTTHEYOFFERBIGREWARDSPAGE40WheretoFindHypergrowth1.888.565.0052michiganbusiness.org/HBRCYBERcontrolWHATHAPPENSWHENmeetsMichiganhastherightcombinationforcybersecurity.Theinformationsuperhighwayisgrowingevenmorecrowded.Andmoredangerous.It’swhymoreuniver-sities,governmentsandcompaniesareturningtoMichigan.TheMichiganCyberRange,poweredbyMeritNetwork,providesanunclassified,privateenvironmenttoteach,testandtrainindividualsandcompaniesforreal-worldsituations.Byprovidingclasses,exercisesandvirtualinfrastructure,itgivescompaniesanaffordableandflexiblewaytoprepareforcybersecuritychallengesofalltypes.Andaconfidencethat’sPureMichigan.51Contents52LEADERSHIPTheSecretsofGreatCEOSelectionWhydosomepeoplehaveaknackforchoosingleaderswhowilltakecompaniestonewheights?RamCharan60MANAGINGORGANIZATIONSAftertheHandshakeWhenCEOsuccessionfails,theresponsibilityisalmostalwaysshared.DanCiampa70GOVERNANCESuccessionPlanning:WhattheResearchSaysToomanyboardsaredroppingtheballonfindingandpreparingreplacementsforCEOs.EbenHarrellSPOTLIGHTONSETTINGCEOSUPTOWINABOVEGeorgeByrneGowerSt.2014,archivalpigmentprintONTHECOVER:DESISLAVAVASILEVA/123RFDecember2016December2016HarvardBusinessReview5FeaturesDecember201640THEBIGIDEAMappingFrontierEconomiesGlobalplayersinsearchofdouble-digitgrowtharefindingitinlow-income,high-riskcountriessuchasMyanmar,Mozambique,Vietnam,andRwanda,wherefirstmoverscanbehandsomelyrewarded.AldoMusacchioandEricWerker76HEALTHCAREHealthCareNeedsRealCompetitionInothersectorsoftheeconomy,competitionimprovesqualityandefficiency,spursinnovation,anddrivesdowncosts.Healthcareshouldbenoexception.LeemoreS.DafnyandThomasH.Lee88MANAGINGTECHNOLOGYFixingDiscriminationinOnlineMarketplacesPlatformdesignersneedtomakecarefulchoicesaboutautomation,algorithms,andtheuseofidentifyingdata.RayFismanandMichaelLuca...
