Tim Gunn, our favorite sartorial critic, is in the eye of the storm--again. As I chronicled in Fast Company's April issue profile "Project Rehab," the former head of Parsons' Fashion program has had a dizzying career trajectory since turning 50 (take note AARP!): landing his own TV show on Bravo, recruited to rewire Liz Claiborne Inc's $5 billion design culture, and of course, breakout stardom on Bravo's Project Runway.
As an academic renegade, Tim Gunn pushed Parsons the New School for Design to adopt a businesslike curriculum. Now the star of Project Runway is trying to revive Liz Claiborne as its chief creative officer. Can he "make it work" or is it "auf Wiedersehen" for a once-great American fashion house?
Taking risks is at the core of every successful business: To create and innovate -- and outdo the competition -- you need to delve into new, often uncomfortable situations. Yet at a time of economic uncertainty such as today, risk taking can seem particularly difficult. What better moment for a three-part examination of the topic?