Faculty News | Wall Street Journal | 05
Are Firms Neglecting Succession Plans?
Re: Ranjay Gulati
Ranjay Gulati, a Harvard Business School professor of leadership and organizational behavior, says companies may also be turning to outside "saviors" after unsuccessfully struggling to adapt in a fast and competitive marketplace. "It's a confidence issue and a desire for fresh thinking," he says. "They're thinking, âI can't solve my problems myself, so maybe someone else can do it.'"