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No Fear of Failure: Real Stories of How Leaders Deal with Risk and Change by Gary Burnison

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Chapter One

MICHAEL BLOOMBERG: EMPOWER

Michael Bloomberg has torn down the walls of city hall—figuratively, that is. Instead of occupying the corner office that housed his predecessors, the 108th mayor of New York sat at a desk much like any other in a huge room known as The Bullpen. The only element distinguishing his desk from the others was the two Bloomberg computer terminals providing live news and market updates—reminders of the namesake company founded by this former Wall Street executive turned philanthropist and politician. All around him, desks were clustered together in a hive of activity that resembled a trading room in look, feel, and intensity.

“I can't think of anything that keeps people from working together as much as a wall,” ...

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