Do Good C.E.O.’s Make Good Presidents?
The New York Times - 10/16/2012
With only a few weeks remaining until the election, it’s still not clear how Mitt Romney would manage our jobs crisis. There aren’t many lessons from his term as the governor of Massachusetts — the economy was comparatively healthy back then, and the unemployment rate was fairly low. His current economic platform lays out broad principles (Principle No. 1: Don’t be Barack Obama) but is light on specifics. All that’s certain is that Romney has promised to use decades of business savvy to create jobs, which raises the question: how do you apply business strategy to a jobs crisis? No business views hiring as an objective. When a crisis hits, the response of many executives is to let workers go.