Monitor Group declares bankruptcy

Eric Garland Uncategorized 1 Comment

Monitor Group, home to the marquee brand in foresight, “Global Business Network,” took the morning after the election as the right time to head to Delaware to see the bankruptcy judge. I wonder if the two sentences in this lede are connected.

Monitor Company Group LP, the Cambridge, Massachusetts consulting firm that last year apologized for helping to improve the image of former Libyan dictator Muammar Qaddafi, filed for bankruptcy protection.

Monitor Group was co-founded in 1983 by Michael Porter, the Harvard Business School management expert. Politico reported on Feb. 21, 2011, that the Qaddafi regime paid the company a fee of $3 million a year, plus expenses, to run what the firm called “a sustained, long-term program to enhance international understanding and appreciation of Libya.”

I’m just wondering what kind of futurism skills are on hand when you decided to back up Moammar Qaddafi’s regime smack in the middle of the Arab Spring.