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...This represents a substantial step forward for Talbots," says company president and CEO Trudy Sullivan. "It stabilizes our liquidity during these most difficult and uncertain times, enabling us to focus on implementing the key strategic initiatives that will drive improved performance of our business." (See who's to blame for the financial crisis...

Author: /time Magazine | Title: Retailers on the Ropes: Can These Companies Survive? | 1/29/2009 | See Source »

...September Konrad Hochedlinger at Harvard creates iPS cells in mice using the common-cold virus rather than retrovirus vectors - an important step in making the technology safer for human...

Author: /time Magazine | Title: Stem-Cell Research: The Quest Resumes | 1/29/2009 | See Source »

...next step for the JQI team is to improve the photons' precision and the rate of communication between the particles. What we won't see soon - or ever, according to Monroe - is a contraption that can teleport humans from one point to another. Sorry, Captain Kirk, but beaming up is a pleasure strictly reserved for atoms. "There's way too many atoms," says Monroe. "At the other end of the transporter, you need to have some blob of atoms that represents Captain Kirk but has no information in it. I mean, what would that look like...

Author: /time Magazine | Title: Teleportation Is Real – But Don't Try It at Home | 1/29/2009 | See Source »

...five guiding principles, one of which is efficiency, and high-performing teams are by far the most efficient way of operating ... By using this process, teams quickly begin having authentic conversations, in real time: dealing with issues and not dancing around them. You see the impact quickly; people either step up or opt out. It becomes very evident where your issues are, who your players are, what you need to do to change the shape of the business. This model can speed up progress in these areas by years...

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

...Past experience had taught Michaels that functional thinking and hidden agendas are classic behaviors exhibited by nonhigh-performing teams. More than a "burning platform" was needed to counter-act old habits and the natural tendency toward standpattism. Michaels' solution was to take his team through an "alignment"--an essential step in the transformation process to great business teams...

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

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