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December is the time to set goals for the year ahead. Whether it’s making a resolution or forming a strategic plan, most of us are looking forward. But December should also be the time to look back and glean lessons from the current year.

Ten entrepreneurs, CEOs, and industry leaders share the challenges they encountered in 2014 and the lessons they’ll carry forward:

1. ONE-SIZE-FITS-ALL IS NOT A GLOBAL STRATEGY — Hill Ferguson, chief product officer for PayPal

Image: http://www.fastcompany.com/