This Month's Cover Story: Boy Wonder: How Chris Hughes Helped Launch Facebook and the Barack Obama Campaign , by Ellen McGirt, page 58
The untold story of how Chris Hughes, at the tender age of 25, helped create two of the most successful startups in modern history: Facebook and the Barack Obama campaign. Fast Company reveals exclusive details in the magazine and in accompanying coverage online here.
Will NPR Save the News?, by Anya Kamenetz, page 66
In one of the great untold media stories of the past decade. NPR has become the country’s largest newsgathering giant. Here's how CEO Vivian Schiller plans to deploy digital tactics, and good old-fashioned shoe leather to save the news business. Read it here.
25 Ways to Jump-Start the Auto Business, page 72
From the iPhone Solution to Pimp My Prius, real-world ideas to save the car business from genomics whiz J. Craig Venter, the founder of ZipCar, Cisco’s smart-garage guru and more. Read it here.
Special Report: Rwanda Rising by Jeff Chu, page 80
In the wake of the brutal genocide that killed one-eighth of Rwanda’s population 15 years ago this month, president Paul Kagame has tapped business leaders from Costco, Google, Starbucks, and more to create a new model for economic success. Read it here
Lululemon’s Cult of Selling, by Danielle Sacks, page 92
Yoga may be the ancient route to self-knowledge and discipline, but for moving $90 leggings, Lululemon found it a little “too slow.” Danielle Sacks reports on how the om-oriented niche retailer is creating a cult following for its yoga gear by incorporating secrets from The Secret and other controversial self-help classics. Read it here
Plus more. Read the full issue at www.fastcompany.com/magazine
Related Stories: | Topics:Innovation, Technology, Leadership, Management, Careers, Design, Ethonomics, Fast Company magazine, 2009, April Issue, Chris Hughes, Barack Obama, Facebook Inc., Danielle Sacks, Ellen McGirt |
Recent Comments | 2 Total
March 23, 2009 at 10:03am by Tom Kelsey
RE: 10 High Octane Ways To Rev Up The Car Business -- I think you missed an obvious solution, which is to get rid of CAR DEALERS. When the franchise system was set up, cars were cantankerous, problematic and needed frequent repair. A reliable network of factory trained dealers was in the consumer's interest, just to keep them running. Today's cars have 100K mile tune-up intervals and require almost no repair (outside of the occasional warranty/recall item). Just look at the JD Power Reliability Index -- the worst brand (Suzuki) required just a bit more than 2 repairs per vehicle over extended use. Similar to the health care industry, where shareholders stand between the provider and the patient, car dealers do nothing except take value OUT of the equation. I'm also sure that they've generated more than their fair share of consumer complaints. So allow the factories to sell the cars directly to the public at the lowest possible cost, and let the car dealers do what they're best suited for: selling used cars. Yes, we would be putting another couple hundred thousand people out of work, but most of them could easily get jobs at the new factory stores that sell vehicles at fair, un-marked-up prices and offer factory-backed repair work. This solution is not as green as many of those already published, but it is far more pragmatic. It would eliminate about half of all the incentive dollars that drain profit from the manufacturers (those paid directly to dealers), and add between 10-20% more value to the end product. Of course, the car dealers (represented by their well-funded lobbying groups NADA and AAIDA) will scream "socialism," but with their net worth (just look at the Forbes 1000 -- after Bill Gates and Warren Buffett, automotive dealers comprise about half of the list) I'm sure they'll survive.