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...export-driven economies in Asia, there is little to do but wait and hope that the U.S. and Europe will find the right medicine. "We [in Asia] remain spectators in a sport in which spectators get hurt," Mowat wrote in a recent report...

Author: /time Magazine | Title: Fear and Despair as Asia Markets Plunge Again | 10/10/2008 | See Source »

Erik Buell, Founder and Chairman of Buell Motorcycles, the Harley-Davidson subsidiary that makes high-performance sport bikes, is dressed in his signature mechanic's shirt and faded blue jeans when he greets me at the Buell plant in rural East Troy, Wis. He's bouncing around from subject to subject--from his beloved sport bikes to motocross to how he makes guitars--with a passion that's palpable. I quickly forget the plane ride that I spent fretting about how to get out of riding a motorcycle. Buell has turned it into an opportunity you wouldn't want...

Author: /time Magazine | Title: Harley-Davidson's Wildest Child | 10/9/2008 | See Source »

...down-home, out-of-the-box thinking, Buell serves as a testing ground for new ideas. At its core is a small-town team designing and assembling motorcycles in ways that give every employee ownership and even resonate with customers. And Buell gives Harley entrée into the sport-bike market and access to its insanely loyal fans, who might cross over to a Harley cruiser once they tire of Buell's adrenaline rush...

Author: /time Magazine | Title: Harley-Davidson's Wildest Child | 10/9/2008 | See Source »

...Sport bikes may dominate Europe, but Buell's methodology is a distinctly American recipe, one that he has honed by fostering a culture of cooperation, ownership and innovation. The nine models Buell sells can be run at any time on its single 50-person assembly line. Each station uses handicraft instead of the automation characteristic of most lines. Small teams promote ownership, and there are no individual supervisors, which cuts out a hierarchical layer. To avoid boredom, each employee is required to know the job ahead of him and behind him on the line and rotates throughout the week. "People...

Author: /time Magazine | Title: Harley-Davidson's Wildest Child | 10/9/2008 | See Source »

...MILLION Tax breaks for motor-sport-racing facilities, including NASCAR...

Author: /time Magazine | Title: The World | 10/9/2008 | See Source »

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