HBR Case Study. A Pain in the (Supply) Chain. It's the end of the quarter, and Exceso's sales force is scrambling once again to meet its impossibly inflated sales target with every trick in the book. But even as discounts plunge ever deeper and retailer stocks rise ever higher, shelves are bare, and diverters' warehouses are filling up. Should the company can its aggressive promotion strategy?

Turning an Industry Inside Out: A Conversation with Robert Redford. The Academy Award-winning director defines his incremental approach to change and explains how the Sundance Institute gradually went from being a small, cool idea to becoming an influential force in the movie business.

HBR Spotlight: Practical Strategy. Divestiture: Strategy's Missing Link. Smart companies don't just acquire and create businesses; they also regularly divest them-even good, healthy ones. A five-step process can help executives divest their businesses wisely.