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Embracing NewPrinciples
YOU CAN’T REINVENT MANAGEMENT FOR THE 21ST CENTURY without some new management principles—big ideas with the power to inspire dramatic changes in tradition-bound processes and practices. Jim Lavoie, the CEO of Rite-Solutions, a young software company based in Middletown, Rhode Island, bumped into one such principle while driving his car.
The Power of a New Principle
The story begins in 1999 when Lavoie cashed in his stock options at a leading defense contractor and left to launch a start-up. Joining him in the new venture was Joe Marino, a longtime colleague who, like Lavoie, had risen to the rank of EVP within their ...
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