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...Razr cell phone and flooded the market with it at a lower price. "It destroyed the Razr brand," says the author. "Consumers who once considered the Razr the high-fidelity phone now saw it as the cheap phone you get when signing a wireless contract." One consequence: Motorola's CEO left under a cloud...

Author: /time Magazine | Title: Business Books | 10/19/2009 | See Source »

Another part of maturing is knowing when to shift from entrepreneurial mode, in which creativity and development trump all else, to business mode, in which adult supervision becomes mandatory. For Bossa Nova, that meant hiring a toy-industry gun, in the form of new CEO Martin Hitch, a veteran of Mattel and Hasbro. Penbo and Prime-8 were introduced in Europe this year, using local distributors. But the company, whose revenues are approaching $4 million, wants to crack the U.S. market and its big retailers. With the selling season for next year under way, Hitch will help Bossa Nova...

Author: /time Magazine | Title: Serious Child's Play | 10/19/2009 | See Source »

...people say Wikipedia is facts, but a lot of it is analysis and interpretation. If you're talking about why the U.S. got into World War II, that's all analysis and opinion," says Foodista CEO Barnaby Dorfman, who launched the site nine months ago. Likewise, he says, "if you asked 100 people what's in apple pie, you're going to get tight agreement about the fact that it has apples, cinnamon, sugar, a crust and probably some lemon. I really feel like we're on the path to focusing the agreement and highlighting the disagreement and the creativity...

Author: /time Magazine | Title: Cooking Consensus: Will Wiki Work in the Kitchen? | 10/19/2009 | See Source »

...forget about courting the bishops' support. They point out that the Catholic Health Association, which represents more than 1,200 Catholic health systems and facilities, has been more encouraging of Democratic proposals (although the CHA has yet to endorsed any bill). Obama recently appointed CHA's president and CEO, Sister Carol Keehan, to be part of the official delegation to Rome for the canonization mass for Hawaii's Father Damien...

Author: /time Magazine | Title: Will the Church Try to Block Health Reform? | 10/18/2009 | See Source »

...investment firm TIAA-CREF, is one of the few financial executives who have backed changing the system. Ferguson's opinion is sure to have some sway. He is a former vice chairman of the Federal Reserve and a member of President Obama's Economic Recovery Advisory Board. As the CEO of TIAA-CREF, Ferguson heads one of the largest providers of retirement plans - the go-to accounts for employees of colleges, hospitals and other nonprofit organizations...

Author: /time Magazine | Title: Is There a 401(k) Fix? | 10/14/2009 | See Source »

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