David Bianco, chief U.S. equities strategist at Deutsche Bank, says the automatic spending cuts could actually be a "net positive" for stocks, despite the drag that they would put on the economy.

NPR: Wall Street Holds Its Nerve As Spending Cuts Near

But, as I continued to ponder this positive development, it occurs to me that the same approach might help with a much bigger potential drag on the organization than bad hires: Bad Leaders.

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