May 13, 2004

Foundations Must Stop Passive Approach

By Lucy Bernholz

Imagine this: You are a leader in a multibillion-dollar industry that has experienced several years of unprecedented growth. Over the course of the last three years, however, the news media has taken every opportunity to expose scandal in your ranks, the pace of growth has slowed significantly, regulators and legislators are panting at the chance to enact real change in how the industry works, and new competitors are popping up on all sides. While the newcomers are much smaller than the

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