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...Marchionne is to succeed, he needs above all to reposition Chrysler from maker of clunky, overpowered gas guzzlers to purveyor of must-own, energy-efficient vehicles. "The challenge for Fiat Chrysler is to move away from popular products and into 'pop' products, full of cool environmental technology and on the right side of history," says Carlo Alberto Carnevale, a professor of strategic management at Bocconi University's business school in Milan and a close watcher of Fiat. "In that sense, it's the same bet as Steve Jobs'. That's why Marchionne uses that metaphor...

Author: /time Magazine | Title: Is Chrysler Too Big a Mess for Fiat's Turnaround Artista? | 6/29/2009 | See Source »

...jazz-loving Marchionne, who left Italy as a teenager to move to Canada and for a while lived just across the river from Detroit, is not a micromanager. He 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...

Author: /time Magazine | Title: Is Chrysler Too Big a Mess for Fiat's Turnaround Artista? | 6/29/2009 | See Source »

...unexpected move, Obama has told White House aides that instead of joining a congregation in Washington, D.C., he will follow in George W. Bush's footsteps and make his primary place of worship Evergreen Chapel, the nondenominational church at Camp David...

Author: /time Magazine | Title: The Obamas Find a Church Home — Away from Home | 6/29/2009 | See Source »

Finding a comfort zone with a U.S. Administration determined to move quickly toward implementing a two-state solution has been difficult for a hawkish Israeli leader who is, at best, a reluctant traveler on that road. When Netanyahu visited Washington in May, he discovered he'd been outflanked by Obama, who had managed to get many of Israel's key congressional supporters on board with the White House push against settlements. U.S. officials were widely quoted as telling the Israelis that moving forward on a settlement freeze and peace with the Palestinians was a critical step toward mustering the Arab...

Author: /time Magazine | Title: Will Iran Take the Heat Off Israel over Settlements? | 6/29/2009 | See Source »

...warned he wanted to be. But their violent Sunday-morning response has made them look like the Latin oligarch lackeys of old - and has in fact lent credence to Zelaya's suggestion that they were indeed just defending a constitution fashioned exclusively for the haves of Honduras. In a move reminiscent of the 2002 Venezuela coup, congressional leaders claimed that Zelaya had signed a resignation letter before being flown out of the country, and they voted on Sunday to install Congress President Roberto Micheletti as President. Speaking from Costa Rica, however, Zelaya strongly denied that he had signed any such...

Author: /time Magazine | Title: The Honduran Coup: How Should the U.S. Respond? | 6/29/2009 | See Source »

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