Word: skills
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...schools like London's Central Saint Martins or New York City's Parsons. A whole new breed of fashion influencers are formed at hard-core business schools like Harvard, HEC, ESSEC and Bocconi where the syllabus doesn't include patternmaking but rather an altogether different kind of intangible skill set, namely the ability to manage intensely creative talent. Dior president Sidney Toledano, a graduate of the top French engineering school ECP, compares the structure of his company and his role within it to a nuclear power plant: the brand is the sun, the source of raw energy, the designer supplies...
...unique skill set required to manage fashion businesses that there are headhunters dedicated to searching for the right candidates as well as the right creatives to match with them. "A CEO who says, 'Get to the point' or looks at his watch is not necessarily going to be a good leader for creative people," says Maxine Martens, who runs Martens & Heads!, which numbers LVMH, the Gap and Escada among its clients. Martens also notes that while most CEOs are top dogs in the company structure, a fashion CEO "must be willing to be the second smartest person in the room...
...production manager at Diesel, eventually bought the company and propelled it into a $1.4 billion brand. Similarly, and against the odds, Max Azria transformed California-casual style into the $1 billion business BCBG. At the heart of any fashion deal is talent, and managing creative talent is a business skill all its own. Perhaps one of the most successful examples of that is LVMH boss Bernard Arnault, once an outsider himself. He started off in real estate in Florida. Now he manages some of the greatest talent in the luxury business, reaping great financial rewards, of course...
...Raising a Child in Iran's Cultural Divide Coping with the gulf between Iranian private and public life is a difficult skill even for adults to manage. So what should we teach our children...
...Raising a Child in Iran's Cultural Divide Coping with the gulf between Iranian private and public life is a difficult skill even for adults to manage. So what should we teach our children...