Government leaders must learn from the private sector

02/28/2012 | CNNMoney/Fortune

Government leaders need to start operating more like private-sector bosses, says Patrick Foye, director of the Port Authority of New York and New Jersey. Effective real-time decision-making is a key to the survival of businesses and is just as important for public-sector leaders, Foye explains. "That doesn't mean being reckless, but being more responsive," he says.

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