There are a lot of smart people working at the Wall Street Journal and Holman Jenkins
is one of the smartest. He also has a common sense approach to business.
In the mid-1990s McDonald's CEO Mike Quinlain had a string of failures but the board
of directors left him in the job. Holman Jenkins published a column asking why Qunilain
was still running McDonald's. I don't recall the exact timing but Jack Greenberg soon
McDonald's Operator's might enjoy Holman's take on the future of McDonald's.
Holman Jenkins: The Next McDonald’s Turnaround - WSJ