When the new CEO is from inside the firm and a heterogeneous top management team is in place, the strategy may not change, but innovation is likely to continue.

Name: When the new CEO is from inside the firm and a heterogeneous top management team is in place, the strategy may not change, but innovation is likely to continue.
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Question

Quizplus · Accepted Answer

A new CEO from within the firm is likely to maintain the existing strategy, while a diverse management team can foster ongoing innovation due to varied perspectives and ideas.

When the New CEO Is from Inside the Firm and a Heterogeneous