Friday, November 16, 2007

Bunnies and Hops

Wisdom, luck or circumstance? Is there a process or a secret for a dad to know how and when to turn over his enterprise.

Hugh Hefner seems to have lucked out in turning Playboy over to daughter Christine. He gets to parade around with multiple girlfriends, make executive decisions about the magazine and she's rescued the company from economic doldrums and leveraged the brand throughout new media and old ( witness, if you can stomach it, The Girls Next Door" on E!).

On the other hand, a so-far-unnamed dad made the executive decision to turn the steering wheel over to his son. That he was drunk diminishes the Hallmarky aspects of this moment a bit. That his son is only 13 diminishes it a tad more. And, unfortunately, the fact that his son was drunk as well seemed to be the final monkey wrench for the solution of the enterprising pop.

** Would the fathers have made the same decisions if their situations were reversed and would the result have been the same? **

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