The Oil & Gas team did one more round of growth boards with great results. What happened next is a perfect example of how transformation spreads. They gave their third round of funding directly to the product companies within the division and said: “You run a growth board. Go and invest the money and then come back to us and tell us how you’re spending it.” By empowering the people at the next level, they placed their trust in them (while remaining on standby as coaches, of course). The results were immediate. “We moved it down the chain of command,” Gebhardt says, “and that really unlocked a
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