'Silo' Thinking Let Us Down

Actions that made sense in isolation guaranteed a financial crisis when added together

Abraham Lincoln once said, "I am a firm believer in the people. If given the truth, they can be depended upon to meet any national crisis. The great point is to bring them the real facts." Business schools set out to prepare people to manage by telling them the truth about business, so does the present crisis prove that they have failed us?

To continue reading this article you must be a Bloomberg Professional Service Subscriber.