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...mountain in a radically different, horizontal direction is not easy, regardless of benefit. Fear of change and widespread initiative fatigue make the status quo very seductive. When Paul Michaels became president of Mars Inc. in 2004, he knew that the company needed to achieve far greater growth and financial return. But he faced internal organizational challenges every bit as daunting as those he faced in the marketplace. The top team at Mars was siloed and replete with unspoken agendas. Members did not see the benefit of working as a team; they were only concerned with the success of their...

Author: /time Magazine | Title: A Lesson Straight from Mars | 1/29/2009 | See Source »

...decade ending 2006, Yale achieved annualized endowment returns of 17.2 percent, beating Harvard’s return of 15.2 percent—a figure that the alums have cited in arguing that high returns can be achieved without high salaries and that external managers may be more cost-efficient...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Alumni Urge Lower Pay For HMC | 1/29/2009 | See Source »

Griffin said Muckey’s lease lasts for five years, with an additional five-year term at the discretion of the city. Muckey’s did not return a request for comment for this article...

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: Square Kiosk Finds New Owners | 1/28/2009 | See Source »

...woman needs medical care for her anxious 12-year-old son, who has started wetting his bed. Another needs legal help for her husband, who was arrested during a return visit to Agriprocessors by immigration agents last fall. "I am very sad and worried," says Irma Lopez, 28, a former Agriprocessors worker who remains in limbo with her young daughter while her husband is back in Guatemala, one of many arrested workers deported in October after serving five months in prison. "I worked since I was 8 years old, and now I feel worthless. I can work...

Author: /time Magazine | Title: Iowa: What Happens When a Town Implodes | 1/28/2009 | See Source »

...faded community hall serving as a relief center are Michael Barner, 47, and Patricia Williams, 41, who moved to Postville last month to work at Agriprocessors but had to leave their jobs soon after because of illness. They have arrived with an eviction notice and are seeking help to return to Dubuque. "We came here. We tried. I got sick. We just have to go back home," says Barner...

Author: /time Magazine | Title: Iowa: What Happens When a Town Implodes | 1/28/2009 | See Source »

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