Never Let a Serious Crisis Go to Waste
By Tom Costello and Phil Laplante
US President Barack Obama's chief of staff Rahm Emanuel addressed nearly 100 CEOs at The Wall Street Journal's CEO Council in November 2008. In that talk, he famously stated, "You never want a serious crisis to go to waste. And what I mean by that is an opportunity to do things you think you could not do before."
Emmanuel's comment was met with surprise and some criticism. His vocalization of what's probably a common, but callous, practice of political expediency had many heads turning. But Emmanuel knows that there's opportunity in exploiting a bad situation to meet one's desired ends.
Read more ►
Share this article