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September 24, 2015

Dumb to hire Harreld as consultant; great as president?

Brian Campbell’s obsequious paean to the private sector (“Harreld not qualified to lead; qualified to change,” Sept. 14) is as laughable as it is incorrect. Campbell lauds incoming University of Iowa President Bruce Harreld as an example of the modern super-hero businessman, who having been forged and tested in the “real world” of corporate America, knows rewards are performance based, bad decisions lead to immediate firing and problems are solved by taking action rather than thinking about things.

Totally lost on Campbell is the fact that it was corporate America that invented and perfected the golden parachute, whereby executives who run their companies into ruin leave with a multi-million dollar severance package that makes former President Sally Mason’s pension look like pocket change.

full article...