Lessons From Spiegel

Embrace new perspectives. Spiegel, which is owned by the Otto Versand conglomerate in Germany, has a governing structure that consists of board members who are company executives, officers or retirees. Take-away tip: The same small group of people sitting around the same table for many years undoubtedly will begin to self-edit what ideas they’ll offer up, knowing from experience what will and won’t be acceptable to that group. Get out of your comfort zone! Go the extra step to bring in a fresh perspective.