Thursday, February 04, 2010

Pleasing Wall Street is a Poor Excuse for Bad Decisions - Is the U.S. Killing Its Innovation Machine? - Harvard Business Review

Pleasing Wall Street is a Poor Excuse for Bad Decisions - Is the U.S. Killing Its Innovation Machine? - Harvard Business Review: "In such situations, you either have to replace a huge proportion of the managers, or, if the company is in terrible shape, just let it go under. I'm skeptical of bailing out failing companies largely because the people entrenched in those companies missed obvious signs of impending failure, and it is unlikely that those same people have any idea why they failed."