Successful Succession

The economic crisis has offered food for thought on a number of business related issues: corporate responsibility, government control, inflated salaries, etc. Here’s a new one, offered up in a recent McKinsey Quarterly article: succession planning. The article cites Ken Lewis’s departure from Bank of America and the resulting “scrutiny and criticism” the company faced…

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Drafting History

Sometimes Wikipedia gets it right. How right? So right that the Historical Society of Washington, D.C., uses the city’s Wikipedia page as its go-to recommendation for callers seeking information on D.C.’s past, according to the Washington Post. That’s a touching vote of confidence for Adam Lewis, the Historical Society of Washington, D.C.’s membership coordinator, who…

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Name That Downturn!

In trying to give today’s economy some historical context, many have cited the Great Depression. We’re guilty of it, as is the media at large. After all, it’s the biggest, most impressive example of financial failure around—and one that most people, even those who dozed through history in high school, have heard of. But it’s…

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