MANAGING: "Chairman-CEO Split Gains Allies: Corporate Leaders Push for Firms to Improve Oversight by Separating Roles," by Joann S. Lublin, Wall Street Journal, 30 March 2009.

I never believed in combining the head coach and general manager positions. Similarly, I always distrusted mixing the chairman of the board and the chief exec officer positions. You have to disaggregate the short term needs from the long term responsibilities. Pretending to integrate them doesn't really work. It's natural for them to compete and different people should represent the opposing approaches rather than pretending one guy can do it all in his head.