In 2009, "HBR" brought on Adi Ignatius, the former deputy managing editor of "Time" magazine, to be its editor-in-chief. Ignatius oversees all editorial operations for Harvard Business Review Group. At the time that Ignatius was hired, the U.S. was going through an economic recession, but "HBR" was not covering the topic. "The world was desperate for new approaches. Business-as-usual was not a credible response," Ignatius has recalled. During this period the frequency of "HBR" switched from ten times per year to six times per year.