Stay True to Your Brand
Newsweek, May, 2008 by Richard M. Smith
Ad guru Rance Crain says the rules are eternal.
Crain Communications isn’t the highest-profile media company, but each week its publications—including such titles as Advertising Age, Crain’s New York Business and Automotive News— are must-reads for busy executives. Since 1971, Rance Crain, a son of the founder, has run the 92-year-old company in partnership with his brother Keith; Rance also serves as editor in chief and columnist for Ad Age. In the latest in his series of interviews as part of NEWSWEEK’s partnership with the Kaplan University M.B.A. program, NEWSWEEK Chairman Richard M. Smith spoke with Crain. Edited excerpts:
Smith: Your family has run the company for nearly a century. Does family ownership create problems in attracting top managerial talent?...
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