A Financial Crisis Fifty Years in the Making? | HBR IdeaCast
By BNET Staff
When the financial services world began to crumble, pundits immediately branded it "the end of an era." In this podcast, Walter Kiechel, author of the book On the Rise of Corporate Strategy, discusses what that era actually was. He traces the financial collapse to the 1960's, saying the decade's strategic emphasis on debt initiated the legacy of excessive leverage that crippled investment banking, and speculates on the future of corporate strategy.
Featured Guest: Walter Kiechel, former managing editor of Fortune magazine.