Word: foundering
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...declined to be interviewed, but in a first-person account of the Fiat turnaround published in Harvard Business Review, he talked about how he had abandoned the "Great Man model of leadership" that long characterized the Italian firm. Fiat's Great Man was the late Gianni Agnelli, grandson of founder Giovanni, whose family was nothing short of Italian industrial royalty and still controls the firm...
When Sesame Street founder Joan Ganz Cooney met Obama at a fundraiser last year, she was prepared to hear what she always does. "I'd have bet you a million dollars," she says, "that [Obama] would tell me how his kids watched Sesame Street." But instead the President-to-be told her that he and his little sister watched the show. "I realized that this is the first President young enough to say that...
...TIME: You were part of the revolution. How do you think the country has developed since then, and how would Imam Khomeini [the founder of the revolution] see all these developments? Mousavi: Imam Khomeini always welcomed change. He usually accepted changes and then tried to manage them...
...studied business leaders spanning most of American history. The entrepreneur of the decade, you say, is Teach for America founder Wendy Kopp...
...with the approval of his Spanish convert parents, four-year-old Hita was tapped by FPMT monks as the reincarnation of the group's co-founder Thubten Yeshe. Their methods will be familiar to anyone who has seen Bernardo Bertolucci's Little Buddha or the current documentary Unmistaken Child: The monks reportedly heeded some dreams; the Dalai Lama consulted an oracle; and the capper was that young Hita "recalled" the color of the dead lama's car. (See pictures of the Dalai Lama: Six decades of spiritual leadership...