Word: lessoned
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...spiritual concerns and philanthropy. While Sir John was famous as a financial-industry legend and visionary, we knew him as a man of strong principles and wisdom, but more important, as a loving father to his children and friend to all who worked with him. His greatest lesson was humility, not only by practicing it himself but also by showing us that only through humility can you achieve great understanding...
...although they may disagree about some of the details, there is solidarity at the highest level to avoid any sign of a split among the top leadership. "This generation of leaders had two defining experiences in their lives," says Li, "the Cultural Revolution and Tiananmen. From the first the lesson they learned was that social stability must be preserved at all costs. From the second they learned that whatever happens there must be no public divisions in the leadership...
...control of some of the most ambitious, unwieldy and risky epics in movie history. For readers with a limited knowledge of the movie industry, its transition from silents to talkies, and the rise of the big studio picture, Sragow's thorough scene-setting could double as a cinematic history lesson - illuminating the many famous lives that Fleming touched (and helped to shape) and the ways in which sets, casts, contracts and careers worked during Hollywood's grand glory days...
...same time, southern workers have taught the UAW an important lesson about helping to keep that industry viable. The foreign companies enjoy not only the South's lower legacy costs but a more flexible production culture. Unlike the Big Three, the southern car plants are far more agile when it comes to accommodating shifting market demand; and that's due largely to employees' willingness to exact fewer of the production rules UAW contracts are notorious...
...Japan learned a similar lesson during the economy's Lost Decade after a stocks-and-real-estate bubble burst in the early 1990s. In a pathetic attempt to avoid losses, Japanese banks kept pumping fresh funds into debt-ridden, unprofitable firms to keep them afloat. These companies came to be known as zombie firms - they appeared to be living but were actually dead, too burdened by debt to do much more than live off further handouts. One economist called Japan a "loser's paradise." The classic zombie was retail chain Daiei, which limped along for years, crushed by debt...