You don’t need a visionary to build a company with vision

When most people think of “vision,” they imagine a leader like Elon Musk or Walt Disney. But a “Great Leader” is only part of the picture—and not something companies can institutionalize.

Apple, for example, is an architecture built around the brilliance of Steve Jobs. While current Apple CEO Tim Cook is a fabulous executive, Jobs was Jobs. Since his passing, Apple hasn’t yet introduced a game-changing product. Following an icon is tough. The pressure to sustain outsized...

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