Even the most fearless leaders have something in common with your average five-year-old. When they make a mistake — whether it's spilling juice on the carpet or releasing a product that's a complete flop — their natural impulse is often to protect themselves by placing the blame elsewhere.
By Shana Lebowitz Tim Cook assumed leadership of Apple in 2011, and since then his team of direct reports has grown significantly. At the beginning of his career as CEO, Cook managed nine people. Today, at least 17 people report directly to Cook, according to their bios on Apple's executive profile page. (Apple declined to confirm the number.) Managing 17 people seems like a lot. Is Cook overextending himself? And what is the maximum number of people an executive can reasonably supervise? We reached out to management experts and looked into the research to find out.
Industrial conglomerate General Electric announced it would be unloading most of its GE Capital assets, the business involved in financing many of the products the company sold. Among other things, GE announced it would sell approximately $26.5 billion worth of real estate.