Envy Rob Katz. Not because, as a junior partner at private-equity firm Apollo Advisors in 1991, he was elected to his first board of directors seat before his 25th birthday. And not because, after a decade doing billions of dollars in deals for his first boss, the legendary financier Leon Black, Katz all but retired at age 36. He left New York City with his wife and two young sons soon after 9/11 and bought a big house in Boulder, Colo., where he spent much of the next four years indulging his passion for cycling.
Change or Die: How often have employees heard that mantra from their boss? But in the book of the same name, Fast Company senior writer Alan Deutschman explores how difficult change is even for those facing likely death, such as criminals and heart disease patients. Remarkably, he finds that the odds—including for those facing the real choice and not just hyperbolic cheering from the corporate sloganmeister—can be overwhelming.
Palo Alto, Calif.—It seems to happen every day. A meeting is called to outline a new strategy or sales plan. Down go the lights and up goes the PowerPoint. Strange phrases appear—"unlocking shareholder value," "technology-focused innovation," "maximizing utility." (What does that mean?) Lists of numbers come and go. Bullet point by bullet point, the company's goals float across the screen. Eyes glaze over.
AP - Iran plans three days of military maneuvers, including short-range missile tests, beginning Sunday — its first since the U.N. Security Council imposed sanctions against it in late December, state-run television said.
AP - President Bush's State of the Union address on Tuesday gives him a second chance to defend his new Iraq strategy to a nation soured on the war and a Congress poised to vote against the plan.
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