Moyes sent on by Fergie: wrong sub WHEN Alexander the Great was 33 years old, legend goes, he wept because he had no worlds left to conquer. Alexander may have been an unrivalled general but his succession planning was lousy. Asked on his deathbed who should rule in his wake, he supposedly answered, “the strongest”. This sort of woolly thinking drives business professors mad. Before long, a power struggle caused the empire Alexander had built to crumble.Titans are hard to follow. Last year a modern-day Alexander also faced the tricky problem of handing over a thriving kingdom. Sir Alex Ferguson retired as the most successful football manager in English history. In 26 years at the helm of Manchester United he won 13 Premier League titles and two Champions League finals. On April 22nd the outsider he had recommended to replace him, David Moyes, formerly at Everton, was given the boot; the team that cantered to success the year before are now languishing.Others prefer to promote from within. Liverpool, United’s bitter rivals, conquered all in the 1970s and 1980s by promoting managers from within their “boot room”. In business, Ford...
from The Economist: Business http://ift.tt/1jV8BMq
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