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Why is prior success an imperfect proxy for needed experience, and what is a better approach? How is a project-based approach to managing knowledge workers

  1. Why is prior success an imperfect proxy for needed experience, and what is a better approach?
  2. How is a "project-based" approach to managing knowledge workers different from the conventional practice, and what are some of the advantages of adopting it?
  3. Name and explain at least one way that short-term shareholders are falling short of their responsibilities to help firms perform better, in the view of Fox and Lorsch.

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