Word: deal
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Dates: during 2000-2009
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...touch of Italian hyperbole, but the point is a serious one as Marchionne, 57, tackles his next big challenge: Chrysler. For at Chrysler, he's moving, just as he did at Fiat, to restructure the organization, overhaul production, revamp the lineup, motivate a beaten-down workforce and deal with prickly shareholders - this time including the U.S. Government...
...what's his strategy? Marchionne is likely to hew closely to the playbook he used to revive Fiat. On June 10, the day Fiat sealed the deal, he announced a thorough organizational revamp. From now on, each of the four individual brands - Chrysler, Jeep, Dodge and Mopar (which makes parts) - will be distinct business units responsible for profit and loss. He also reached deep into the ranks, bypassing the engineers and putting a younger, energetic generation of managers with marketing experience in charge of the brands. "That's a mirror image of what he did at Fiat," says a longtime...
...People have survived extramarital affairs, but he's got a hypocrisy problem to deal with. He's got a serious hypocrisy problem." - Unnamed Nevada Republican operative (Las Vegas Sun, June...
...Twitter-enabled street scenes and revived slogans of Ayatullah Ruhollah Khomeini's 1979 revolution, a repeat of that successful insurrection remains highly improbable. For one thing, the protest movement is being led by a faction of the Islamic Republic's political establishment, whose members stand to lose a great deal if the regime is brought down and thus have to calibrate their dissent. More important, an unarmed popular movement can topple an authoritarian regime only if the security forces switch sides or stay neutral. But Iran's key security forces - the élite Revolutionary Guards Corps and the Basij militia...
...away in Los Angeles, Sampras rolled out of bed in time to catch Federer's winning shot, and then tell journalists that he believes that the Swiss player should now be considered the greatest ever. Woods was at home with his wife, "yelling at the TV, the whole deal...