Business Strategy Series, Vol.13, No.2, 2012, pp.63-69
“There is no business without show business”, it is said. And show business started with theatre. If you look at boardroom battles and takeovers, the intrigues, the powerplays, the triumphs and tragedies of executives, you are sometimes reminded more of theatre than of business. Sometimes, it is a comedy, often, it is a tragedy, and sometimes it is also pure improvisation. Also, the financial crisis, which is now almost over, appeared to be more of a product of an author with a wild fantasy, than a product of the real world and it brought all the thunder and lightning of theatre onto the stage once again: We have the fall of Bear Stearns and the demise of Lehman Brothers, we have the nations that almost went bust themselves after the banks went bust and we have the dodgy debt that is fought with even more dodgy debt, until everything finally breaks apart in a Shakespearean Armageddon.