Features

A Promise Not Kept
Ethanol has fulfilled none of the expectations set for it: It's not cheap, not clean, and won't free us from Middle Eastern oil. So why do U.S. policymakers persist in hailing biofuels as the best way to energy independence?
By Robert Bryce

Have We Learned Anything About Leader­ship Development?
Indeed, we have. After countless books, articles, reports, speeches, and proclamations — and not only those by Jack the Great — we now know this: We have learned little.
By Robert J. Kramer

When You Have to Look Outside
Corporations grant executive recruiters wide latitude in choosing leaders for them. What do recruiters know that we don't — and should they really have so much power?
By Joseph Daniel McCool

Fat Cats
CEOs can be lots of things: white, black, male, female, old, young, or some combination thereof. But can they also be obese? Fat chance.
By James Krohe Jr.

The Psychological Recession
Increasingly, workers are less passionate, less loyal, and less committed to their jobs. And it's not just about the economy — it's about your relationship with your people.
By Judith M. Bardwick

Soundings

All Fired Up
By Victor K. Fung, William K. Fung, and Yoram (Jerry) Wind

Questioning Authority
Charlene Li

And more from
Bill Bradley, Joseph L. Bower, Tom Daven­port, Jeremy Haft, Robert Hogan, Robert A.G. Monks, David Mc­Williams, Kris Dunn, and David Novak.

Questioning Authority
Clinton Korver

Departments

Adventures in Cyberspace
Forget rollover minutes and roaming charges. The Chinese have a better idea.
By E.J. Heresniak

Entrepreneuring
A revolution is under way as China amasses an army of start-up firms.
By Larry Farrell

From Theory to Practice
If we're so open to new ideas, why are we so eager to reject them?
By Michael E. Raynor

In Review

A perfect capitalist storm in which bad money drives out good continues to threaten the U.S. economy.
By Richard J. Whalen

By changing the way the game is played, P&G is winning it. Every­thing starts with innovation.
By Robert A. Brawer

Sightings
Looking on the Bright Side
By Vadim Liberman

Openers
By Matthew Budman