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160. Voices of CEO Excellence: Merck's Ken Frazier. Episode 2.

Inside the Strategy Room

CHAPTER

The Importance of External Positioning in the CEO Job

When he was CEO of Merck, there were probably at most five African-American CEOs in the Fortune 500. As I got towards the end, I was much more oriented towards the outside as the chairman of the industry association. That was a critical part of my job. But when I first started, I couldn't even think about the external environment for R&D. It depended on what period of time.

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