More About the Author
MARGARET HEFFERNAN is an entrepreneur, Chief Executive and author. She was born in Texas, raised in Holland and educated at Cambridge University. She worked in BBC Radio for five years where she wrote, directed, produced and commissioned dozens of documentaries and dramas. As a television producer, she made documentary films for Timewatch, Arena, and Newsnight. She was one of the producers of Out of the Doll's House, the prize-winning documentary series about the history of women in the twentieth century. She designed and executive produced a thirteen part series on The French Revolution for the BBC and A&E. The series featured, among others, Alan Rickman, Alfred Molina, Janet Suzman, Simon Callow and Jim Broadbent and introduced both historian Simon Schama and playwright Peter Barnes to British television. She also produced music videos with Virgin Records and the London Chamber Orchestra to raise attention and funds for Unicef's Lebanese fund.
Leaving the BBC, she ran the trade association IPPA, which represented the interests of independent film and television producers and was once described by the Financial Times as "the most formidable lobbying organization in England."
In 1994, she returned to the United States where she worked on public affair campaigns in Massachusetts and with software companies trying to break into multimedia. She developed interactive multimedia products with Peter Lynch, Tom Peters, Standard & Poors and The Learning Company. She then joined CMGI where she ran, bought and sold leading Internet businesses, serving as Chief Executive Officer for InfoMation Corporation, ZineZone Corporation and iCAST Corporation. She was named one of the Internet's Top 100 by Silicon Alley Reporter in 1999, one of the Top 25 by Streaming Media magazine and one of the Top 100 Media Executives by The Hollywood Reporter. Her "Tear Down the Wall" campaign against AOL won the 2001 Silver SABRE award for public relations.
In 2004, Margaret published THE NAKED TRUTH: A Working Woman's Manifesto about Business and What Really Matters (Jossey-Bass) and in 2007 she brought out WOMEN ON TOP: How Female Entrepreneurs are Changing the Rules for Business Success. She is Visiting Professor of Entrepreneurship at Simmons College in Boston and Executive in Residence at Babson College. She sits on the Council of the Royal Academy of Dramatic Art in the UK as well as one the boards of several private companies. Margaret blogs for the Huffington Post and BNET and writes for magazines around the world. She was recently featured on television in The Secret Millionaire and on radio in Changing the Rules. She has written three plays for the BBC and is just starting her fourth. She is married with two children.
WHY WILFUL BLINDNESS?
As the banks were melting down, I kept wondering: Why did no one see this coming? I could see it, many people around me could see it. That the world was running on debt was plain to many people. So why were we so surprised? And then I thought: this feeling is familiar. That sensation of knowing something and not knowing something. Skeletons in cupboards. Emperors new clothes. The elephant in the room. The idea that you're safe as long as you don't recognize the one thing that truly threatens you. I'd seen it in people who smoked and knew they shouldn't, others who never opened their credit card bills, in marriages where you knew one of them was having an affair. And I suddenly realized: that's what it is. In some walk of life, we are all wilfully blind. And I started to wonder: How exactly does that work....?