Innovation
Do smart people change captains in a storm?
The White House is reportedly pondering the future of Federal Reserve Chairman Ben Bernanke. Wall Street is a fan of Bernanke. Congress isn't. The common business issue: Do you swap captains in the middle of a storm?
The White House is reportedly pondering the future of Federal Reserve Chairman Ben Bernanke. Wall Street is a fan of Bernanke. Congress isn't---at the moment.
The Wall Street Journal reported that there's a fierce argument going back and forth. Some want Bernanke reappointed. Others want new blood. Meanwhile, the economy still muddles along (at best).
For our purposes---assuming you can suspend your feelings about Bernanke and the entire financial saga---the larger question is whether you make a captain change in the middle of a storm. How important is continuity?
I don't have any quick answers, but you may. Sound off.
This post was originally published on Smartplanet.com