Insightful: Rahm Emanuel expands on the opportunities of crises

Back in October I mentioned that, just after Barack Obama was elected president, his incoming chief of staff, Rahm Emanuel, told a conference of American captains of industry, “You never want a serious crisis to go to waste.”

Now, I’ve come across the following video in which Emanuel, in an interview with the Wall Street Journal expands on the idea. He’s talking politics – specifically the opportunity for bipartisan reform – but the principle is equally true of how businessnes can take advantage of the crisis: use it as a great opportunity to innovate.

Video after the break.

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