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Like it or not, most of us think about career success in terms of moving up the hierarchy. Let me illustrate with a story:

I once worked with the new CEO of a well-known global firm that was barely breaking even. The CEO’s mandate from the board was to improve profitability. To do this, he planned to institute global manufacturing platforms so that product “families” would have the same core design no matter where in the world they were sold. The reduced-cost savings would be in the tens of millions of dollars.

This initiative would take a couple years of hard work, so the CEO tapped the president of the North American Division to take the lead on a full-time basis. This person, let’s call him Bill, had been with the company for many years, understood the engineering and supply chain issues, and was well respected by everyone.

Ron Ashkenas, Forbes Contributor 

Continue reading here http://www.forbes.com/sites/ronashkenas/2014/03/14/dont-move-up-the-hierarchy-move-across-it/