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A gold chain necklace is one of the most versatile accessories of all time. The style, championed by both ancient Egyptian rulers and early-2000s R&B recording artists, has transcended time and ...

♦ UPDATE: Learn about companies that are applying this timeless advice today. A version of this article appeared in the July–August 2008 issue of Harvard Business Review. James L. Heskett is a Baker ...

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Today, a single finished product often results from manufacturing and assembly in multiple countries, with each step in the process adding value. Participation in these Global Value Chains (GVCs) can ...