48BecomingtheBossLindaA.Hill58CourageasaSkillKathleenK.Reardon66TheCEO’sSecondActDavidA.Nadler76FiringBack:HowGreatLeadersReboundAfterCareerDisastersJeffreyA.SonnenfeldandAndrewJ.Ward86WhattoAskthePersonintheMirrorRobertS.Kaplan15PERSPECTIVESMomentsofTruth:GlobalExecutivesTalkAbouttheChallengesThatShapedThemasLeaders27HBRCASESTUDYTheVeryModelofaModernSeniorManagerMikeMorrison40MANAGINGYOURSELFHowLeadersCreateandUseNetworksHerminiaIbarraandMarkHunter96BESTOFHBRLeadingChange:WhyTransformationEffortsFailJohnP.Kotter104BESTOFHBRWhenaNewManagerTakesChargeJohnJ.GabarroTHETESTSOFALEADERSPECIALISSUEJanuary2007www.hbr.orgOurdesignersgottheseven-yearitch.©2006BMWofNorthAmerica,LLC.TheBMWnameandlogoareregisteredtrademarks.SAVandSportsActivityVehiclearetheregisteredtrademarksforBMWlighttrucks.Introducingtheall-newBMWX5.WhenweunveiledtheoriginalX5,itwasn’tjustanewvehicle,itwasanewcategory:theSportsActivityVehicle.®Meticulouslydesignedtodeliverpureperformanceandtotalrefinementatonce.Todaywe’vetakentheX5toanevenhigherlevel.Withadvancementslikeanewoptionalthirdrowseat,deftlyaddingmoreroominsideAndscratchtheydid.bmwusa.comBMW2007Theall-newX54.8iwithoutsacrificingoverallefficiency.Whichiswhytheall-newX5isfarfromatypicalpeoplemover.Andwithartfullysculptedexteriorlinesandsophisticatednewtrimandinterioroptions,includingrichNapaleather,it’samasterfulmixoffunctionandform.Theall-newBMWX5:we’veexpandedonagreatidea.bmwusa.comBMW2007Theall-newX54.8iCoverArt:ChrisWindsor/GettyImages48BecomingtheBossLindaA.HillTheexperienceofbecomingabossforthefirsttimeleavesanindeliblemark–somemightcallitascar–onthepsyche.Butthetransitiontonewmanagerdoesn’thavetobequitesopainful.58CourageasaSkillKathleenK.ReardonCourageinbusinessisrarelyimpulsive;rather,itresultsfromcarefuldeliberationandpreparation.The“couragecalculation,”consistingofsixdecision-makingprocessesthatcanberefinedovertime,helpsmanagersmakeboldmovesthatwillleadtosuccesswhileavertingcareersuicide.66TheCEO’sSecondActDavidA.NadlerAnew...