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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?
Written by Larry Dignan, Contributor

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.


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This post was originally published on Smartplanet.com

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