Conversation so far:
What is Michael Bloomberg's business plan called
Michael Bloomberg went on to set up a company named Innovative Market Systems
What was Michael Bloomberg's business plan for a company named Innovative Market Systems based on
Michael Bloomberg's plan was based on the realization that Wall Street was willing to pay for high-quality business information, delivered quickly in as many usable forms possible, via technology.
What did Michael Bloomberg's plan based on the realization that Wall Street was willing to pay for high-quality business information, delivered quickly in as many usable forms possible, via technology call for?
Michael Bloomberg, with Thomas Secunda, Duncan MacMillan, and Charles Zegar, developed and built a computerized system to provide real-time market data
What else did Michael Bloomberg's computerized system to provide real-time market data, financial calculations and other financial analytics to Wall Street do
Michael Bloomberg's computerized system also provided financial calculations and other financial analytics to Wall Street
What was the next goal of after creating a computerized system also provided financial calculations and other financial analytics to Wall Street
Michael Bloomberg left the position of CEO to pursue a political career as the mayor of New York City
What was said about the city by Michael Bloomberg after he left the position of CEO to pursue a political career as the mayor of New York City
Bloomberg stated that he wanted public education reform to be the legacy of his first term and addressing poverty to be the legacy of his second.
When was this said by Michael Bloomberg
After Michael Bloomberg assumed office as the 108th Mayor of New York City on January 1, 2002, winning re-election in 2005 and again in 2009.
What happened next after after Bloomberg assumed office as the 108th Mayor of New York City on January 1, 2002, winning re-election in 2005 and again in 2009.
Bloomberg chose to apply a statistical, results-based approach to city management, appointing city commissioners based on their expertise and granting them wide autonomy in their decision-making.

Question: Why was this needed
Self-contained rewrite: Why was Michael Bloomberg's statistical, results-based approach to city management, appointing city commissioners based on their expertise and granting them wide autonomy in their decision-making needed