Word: modernize
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...January 1940, Winston Churchill was regarded as a failed politician, but after the British defeat in France, he was seen as a charismatic leader who could rally the nation. Churchill’s traits did not change in 1940; the situation did.The traits-centered approach has not vanished from modern studies of leadership but it has been broadened and made more flexible. Traits have come to be seen as consistent patterns of personality rather than inherited characteristics. This definition mixes nature and nurture, and means that “traits” can, to some extent, be learned rather than...
...surprises you instead.”In light of these problems in the risk management process, Merton argues for more education in quantitative techniques, instead of shying away from them altogether.“One of the things I think comes out of this is a greater need for modern financial training and knowledge,” he says. “We should be teaching more about modern finance and these tools, not less.”HARD TO STUDYWhile economists disagree over whether anyone could have predicted the snowball reactions of the financial markets, they acknowledge that such...
...Khalid Sheikh Mohammed (K.S.M.). In a war of ideas, we would have been well served as a country to have put K.S.M. on public trial, confronting him with damning evidence and exposing the bloody insanity of a man who has caused the death of more Muslims than anyone in modern history. But now, thanks to waterboarding and other interrogation abuses, this option may be closed off to us. (Read "Why the CIA Turned Down Dick Cheney...
...Bauhaus style rejected the monumental wedding cakes, dripping with decoration, that prevailed in late 19th century architecture. The movement's leaders - Walter Gropius followed by Ludwig Mies van der Rohe - sought a new holy grail in design: the unity of form and function, expressed in ways that were modern, simple and sparse...
...Mandate's dazzling shores, where designers realized that the fierce sun and parboiling heat were to be shunned. Gone were the big windows, replaced by narrow strips. Rooftops were given shade, balconies grew overhangs and designs were retooled to let the cool sea breezes meander through. Call it Mediterranean Modern. (See pictures of 60 years of Israel...