Word: bosse
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...family firm, there is that moment when parent and boss intersect. For Hong Kong billionaire William Fung, that moment has arrived, and with it comes his own special predicament. In 1972, as a brash 23-year-old fresh out of Harvard Business School, he reluctantly joined Li & Fung, a trading company co-founded by his grandfather. William's first move was "to get rid of the family deadwood," he says, by taking the company public. His son Terence, 25, recently joined the business, and William, a drafter of Hong Kong's mini-constitution who is famous for having a judicious...
...Terence, a fastidious Princeton grad, likes the environment, it will probably be because it is very different from the one his father--and new boss--inherited. Founded a century ago to hawk Canton-made goods such as porcelain, silk and fireworks to the U.S., Li & Fung is the leader among middleman companies, fashioning the world into a smooth-running assembly line in which buttons produced in Sri Lanka and velvet milled in Italy are sewn into a vest at a Shenzhen factory and shipped on time to a store near you. Leading an army of 7,162 workers in nearly...
That scandal claimed the scalp of BBC1 boss Peter Fincham, who resigned on Oct. 5. Two weeks later, BBC director-general Mark Thompson announced plans to kill off some 2,500 jobs, mostly in news and nonfiction programming, and to sell the BBC's iconic West London headquarters, Television Centre. Management is now trawling its staff for volunteers for layoffs. Says Roy Greenslade, a former editor of the Daily Mirror newspaper and currently a journalism professor at London's City University: "The BBC's problems are manifold. There are more dramas at the BBC than ever get shown...
This temptation to obsession is the new frontier of behavioral science. Where and how we use our devices define our species and sensibility. A whole new school of Edith Wharton etiquette arises. It's O.K. for your boss to check his BlackBerry at lunch, because he's a Very Important Person, but God help you if you get caught even glancing down when yours pings. When college students meet for coffee, their cell phones are out on the table, windows facing up. Among the most e-mailed stories in the New York Times a couple of weeks back...
...German, French and English and says he can muddle through in Italian and Spanish. More important, he is fluent in many cultures, from the elaborate rituals of Japanese business to an American culture that is at once informal and legalistic. Despite his modest public demeanor, Vasella is an exacting boss who demands short, sure answers to his probing questions. And rivals know him as a ferocious competitor who in less than six years has transformed once sleepy Novartis into one of the world's most dynamic and admired drug companies. For all these reasons, Vasella, 48, has earned a reputation...