Biden-Harris Handoff Is Ugly Lesson for CEOs: Adrian Wooldridge

Nov. 27, 2024, 5:00 AM UTC

The Democratic Party’s defeat in November was the result of, among other things, failed succession planning. An ageing Joe Biden refused to retire after one term; he appointed a vice president who presented a limited threat, having failed to shine in the 2020 primaries; and, when the party elders forced him to withdraw after his catastrophic debate performance, he effectively scuppered the idea of holding a mini-primary by immediately endorsing Kamala Harris.

Botched succession is a pervasive problem in human affairs: in autocracies as well as democracies (Vladimir Putin’s eventual departure will doubtless lead to a bloody power struggle) but ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.