Joko Widodo, The 7 th Indonesian Presidents |
Unfinished journey (147)
(The one hundred
and forty-seven, Depok, West Java, Indonesia, 18 October 2014,07.57 BST)
Joko Widodo, the
President of the Republic of Indonesia to the 7th will
be sworn in on 20 October 2014 became the cover of
Time magazine, and ever entered the list of the 50 most
influential world leaders in Fortune magazine.
President Suharto had twice so the
main report and the cover of Time magazine, but Suharto has twice entered the
main reports Time magazine because of corruption and collusion,
corruption and his nepotism and family business, whereas Joko
Widodo due to its popularity and the characteristic ' ' blusukannya ' '
(sudden Inspection silently, without preparation of precedence).
Fortune ranks the World's 50 Greatest Leaders
by Fortune Editors
In an era that feels starved for leadership, we’ve found
men and women who will inspire you — some famous, others little known, all of
them energizing their followers and making the world better.
1
Pope Francis
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Stefano Spaziani Stefano Spaziani
Age: 77
Pontiff, Catholic Church
Just over a year ago, a puff of white smoke announced the
new spiritual leader of 1.2 billion Roman Catholics around the world. In the
brief time since, Francis has electrified the church and attracted legions of
non-Catholic admirers by energetically setting a new direction. He has refused
to occupy the palatial papal apartments, has washed the feet of a female Muslim
prisoner, is driven around Rome in a Ford Focus, and famously asked "Who
am I to judge?" with regard to the church's view of gay members. He
created a group of eight cardinals to advise him on reform, which a church
historian calls the "most important step in the history of the church for
the past 10 centuries." Francis recently asked the world to stop the
rock-star treatment. He knows that while revolutionary, his actions so far have
mostly reflected a new tone and intentions. His hardest work lies ahead. And
yet signs of a "Francis effect" abound: In a poll in March, one in
four Catholics said they'd increased their charitable giving to the poor this
year. Of those, 77% said it was due in part to the Pope.
2
Angela Merkel
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Photo: Dan Kitwood/Getty
Age: 59
Chancellor, Germany
Merkel may be the most successful national leader in the
world today. She is, practically speaking, the leader of the European Union,
which as a whole is the world's largest economy, and Merkel has held that
position for almost nine years. She played the lead role in managing Europe's
debt crisis, keeping the EU intact while setting even Greece on the road to
recovery.
3
Alan Mulally
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Courtesy: Ford
Age: 68
CEO, Ford Motor Co.
Ford's F
0.29% miracle worker saved the company
without resorting to bankruptcy or bailouts by doing what previous leaders had
tried and failed to do: change Ford's risk-averse, reality-denying, CYA-based
culture. After earning $7.2 billion of profit last year -- far more than
General Motors GM 1.00% or Chrysler -- the company paid its 47,000
UAW workers a record $8,800 each in profit sharing.
4
Warren Buffett
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Photo: Scott Eells/Bloomberg/Getty
Age: 83
CEO, Berkshire Hathaway
While lauded as an investor, Buffett also leads 300,000
employees with a values-based, hands-off style that gives managers wide leeway
and incentivizes them like owners. The result is America's fifth-most-valuable
company BRK.A 1.74% . His influence
extends much further than that, though: The world looks to the "Oracle of
Omaha" for guidance on investing, the economy, taxes, management,
philanthropy, and more.
5
Bill Clinton
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Photo: Win McNamee/Getty
Age: 68
Founder, The Clinton Foundation
In the 13 years since he left office, President Clinton
has been a relentless and forceful advocate for a number of causes: the fight
against HIV/AIDS, malaria, and tuberculosis, and the need to stem greenhouse
gas emissions. Through his Clinton Global Initiative, he persuades
billionaires, heads of state, and others to declare commitments (2,300 so far)
to specific projects. (For more, see our interview with President Clinton in
this package.)
6
Aung San Suu Kyi
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Photo: Suhaimi Abdullah/Getty
Age: 68
Chair, National League for Democracy
The Nobel Peace Prize winner gave up freedom and a life
with her family in Britain to protest military rule in Burma (now Myanmar). But
nearly two decades of house arrest could not quash the opposition leader's
determination. Since Suu Kyi's 2010 release, her political party has clinched
dozens of seats in Parliament. Current law bars a presidential run in 2015;
even that may change before long.
7
Gen. Joe Dunford
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Photo: EPA/S. SABAWOON/LANDOV
Age: 58
Commander, U.S. Forces, Afghanistan
The Marine four-star general and leader of NATO's
coalition in Afghanistan "is probably the most complete warrior-statesman
wearing a uniform today," says a former Marine commandant. Dunford tells
Fortune his first battalion commander told him the three rules to success. The
first? Surround yourself with good people. "Over the years," says
Dunford, "I've forgotten the other two."
8
Bono
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Photo: ShowBizIreland/Getty
Age: 53
Lead singer, U2
"Real leadership is when everyone else feels in
charge," Bono tells Fortune. And he has lived by this maxim. He helped
persuade global leaders to write off debt owed by the poorest countries and
encouraged the Bush administration and others to vastly increase AIDS relief.
Now, through his ONE and (RED) campaigns, he is enlisting major companies and
millions of people to combat AIDS, poverty, and preventable diseases.
9
Dalai Lama
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Photo: Angela Weiss/Getty
Age: 78
Spiritual leader of the Tibetan people
For over 50 years he has campaigned tirelessly for peace,
nonviolence, democracy, and reconciliation, especially among world religions;
he has met countless times with popes, rabbis, imams, and others to find common
ground. Winner of the 1989 Nobel Peace Prize, the Dalai Lama radiates charisma.
As for his influence, just ask those who look for his guidance on Twitter. All
8.6 million of them.
10
Jeff Bezos
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Photo: T.J. Kirkpatrick/Bloomberg/getty
Age: 50
CEO, Amazon.com
Bezos is an extremely rare combination of visionary and
master builder -- 20 years ago seeing something no one else could see and then
turning it into the world's No. 2 Most Admired Company (after Apple) on our
list, with a recent market value of $174 billion AMZN 0.26% . Prospective employees are still
drawn to his vision; though he's highly demanding, thousands aspire to work for
him. That's one way to know a great leader when you see one.
11
Derek Jeter
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Photo: Elsa/Getty
Age: 39
Shortstop & captain, New York Yankees
As he begins his 20th and final season in pinstripes,
Jeter remains the type of role-model player that even a Red Sox fan must
grudgingly respect. It's not the five World Series rings he's won or his team
record for career hits. In a steroid-tainted, reality-TV era, Jeter, the son of
two Army veterans, continues to stand out because of his old-school approach:
Never offer excuses or give less than maximum effort.
12
Geoffrey Canada
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Photo: Marco Grob
Age: 62
CEO, Harlem Children's Zone
Dissatisfied with the results of most organizations
helping the urban poor in the mid-1990s, Canada launched an experiment, an
effort to reach all the kids in a 24-block zone of New York City -- he called
it the Harlem Children's Zone -- and give them education, social, and medical
help starting at birth. The idea was to make success a self-reinforcing
phenomenon, as children and their families saw it all around them and
recalibrated their expectations. The experiment has worked spectacularly. The
zone now covers over 100 blocks and serves more than 12,000 children, with 95%
of high school seniors going off to college. Canada plans to step down as CEO
later this year, but his idea -- and leadership here -- will no doubt endure.
13
Christine Lagarde
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Photo: Stuart Isett/Fortune Most Powerful Women
Age: 58
Managing director, International Monetary Fund
Lagarde became IMF chief in July 2011 as the European
debt crisis grew most acute. Her unenviable task required juggling the concerns
of 188 member countries while supporting IMF bailouts of Greece, Ireland,
Portugal, and other troubled countries. She did so and is still doing so
largely with success, though the IMF's stringent conditions on aid have angered
some. Lagarde combines her tough prescription of austerity with an argument
that reforms will help the poor and unemployed above all -- a balance that has
increased acceptance of her message.
14
Paul Polman
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Courtesy: Unilever
Age: 57
CEO, Unilever
With rare skill, Polman has combined noble corporate
goals with savvy management in his five years as CEO UL 2.23% . Of course, strong leadership also
often goes hand in hand with bold ambition: Polman took a big risk by declaring
his -- to double the company's size even while reducing its environmental
footprint and increasing its positive social impact. He is pulling it off and
energizing employees in the process.
15
Michael Bloomberg
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Photo: Monica Schipper/Getty
Age: 72
Majority owner, Bloomberg L.P.
Bloomberg maintained high approval ratings for nearly all
of his 12 years as New York City's mayor (2002-14), winning his first
reelection by a 20-point margin, the largest ever for a Republican in the
heavily Democratic city. He has now returned to the financial data firm he
founded but is hardly giving up his high-wattage policy activism -- leading
campaigns for gun control and against smoking and obesity.
16
Jack Ma
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Photo: Jerome Favre/Bloomberg/Getty
Age: 49
Executive chairman, Alibaba Group
Ma became a billionaire not just through brilliant
management but also by leading his company in a big, brash way. From the day in
1999 when he founded Alibaba in a Hangzhou apartment, he has exhorted employees
to "think big" and "work for their dreams!" He did that
himself and built Alibaba into the world's largest online business, with some
100 million shoppers a day and higher revenues than Amazon and eBay combined.
17
Maria Klawe
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Photo: Scott Eells/Bloomberg/Getty
Age: 62
President, Harvey Mudd College
A mathematician and computer scientist by training, Klawe
is leading the charge to bring more women into science, technology, and
engineering. At Harvey Mudd, freshman women go to computer conferences, and
introductory coding classes are now designed to be more welcoming to newcomers.
Thanks in no small part to Klawe, women now make up 40% of computer science
majors at the college, up from 10% in 2005.
18
Ken Chenault
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Photo: Andrew Harrer/Bloomberg/Getty
Age: 62
CEO, American Express
He's the most accomplished leader in global finance.
Operating in the economy's most hobbled and reviled sector since the 2008
meltdown, Chenault has kept AmEx AXP
2.92% noncontroversial, strong, stable,
and admired. At least twice during the crisis he declined offers to lead even
larger institutions, insiders say. Chenault previously led the company through
the 9/11 attacks, which decimated travel, the basis of its business.
19
Kathy Giusti
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Courtesy: Multiple Myeloma Research Foundation
Age: 55
CEO, Multiple Myeloma Research Foundation
Within weeks of her diagnosis in 1996, Giusti began
disrupting the myeloma research culture -- getting isolated doctors and
scientists to share data, and building an unheard-of consortium to develop
drugs. Harvard Business School Dean Nitin Nohria calls her "an
entrepreneur in the truest sense of the word -- someone who sees beyond
existing constraints to imagine novel solutions to once intractable
problems."
20
Tie: Mike Krzyzewski, Gregg Popovich, Dawn Staley
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Staley: Tracy Glantz/The State/MCT; Popovich: BRENDAN
SMIALOWSKI/AFP/Getty; Krzyzewski: Lance King/Getty
Krzyzewski, 67
Head coach, Duke University men's basketball team
Popovich, 65
Head coach, San Antonio Spurs
Staley, 43
Head coach, University of South Carolina women's
basketball team
There's no playbook for how to become an elite leader in
basketball. Whether it's John Wooden teaching his UCLA players the proper way
to tie their shoes or Zen master (and new Knicks president) Phil Jackson
referencing Buddha, the point is to get five players working in harmony --
however you do it. Three active coaches with very different styles stand out.
We're hard-pressed to say which is best: Duke's Coach K (above, right), who has
developed players for decades with a mixture of toughness and love -- in the
process becoming the winningest Division I men's college basketball coach in
history and leading the U.S. Olympic men's basketball team to a pair of gold
medals? Or the famously terse Coach Pop, who empowers his players by sometimes
stepping back? "What do you want me to do?" he has challenged his
stars in a time-out. "Figure it out." And they do: Coach Pop has had
more consecutive winning seasons (16) than any active NBA coach. Or Dawn
Staley, who has led women's teams at Temple and South Carolina to storied
records? The former WNBA star initially didn't want to coach. But as Staley
noted at her induction into the National Basketball Hall of Fame in 2013, she
knew she made the right decision when "I started to care more about my
players than to win." That might be the common trait of the great ones.
21
Angelina Jolie
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Photo: Jordan Pix/Getty
Age: 38
Actress, humanitarian
There's no such thing as a fleeting cause célèbre for
Jolie; since joining forces with the UN's refugee agency in 2001, first as a
goodwill ambassador and now as special envoy, she's undertaken 50 field
missions to countries including Iraq, Syria, and Pakistan. Her decision to
explain her preemptive double mastectomy in a New York Times editorial, though
controversial in some health circles, underscored her willingness to foster
hard conversations by taking a public stand. "Angelina Jolie represents a
new type of leadership in the 21st century," says U.K. Foreign Secretary
William Hague, who has worked with Jolie on efforts to end a plague of rape in
war-torn regions. "Her strength lies in the fact that she is able to
influence governments and move public opinion at the same time." That
Jolie chooses to use her global influence to highlight neglected human rights
and humanitarian issues, adds Hague, "is in keeping with the finest
traditions of leadership."
22
Zhang Ruimin
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Photo: Wang Jun Qd/Imaginechina/ZUMAPress
Age: 65
CEO, Haier Group
His radical management innovations have transformed Haier
from a small, failing, state-owned refrigerator maker into the world's largest
appliance brand. He groups employees into small, self-managing teams that
choose their own managers, compete for internal talent, and can earn big
bonuses -- unusual in the West and unheard-of in China.
23
Carlos Ghosn
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Photo: Balint Porneczi/Bloomberg/Getty
Age: 60
CEO, Nissan; CEO, Renault
Rescuing a giant, old industrial corporation in decline
is almost impossible; few leaders have ever done it. Fewer still -- maybe none
except Ghosn -- have done it while also a top executive at a separate
industrial giant on the other side of the world. His salvation of Nissan from
1999 to 2005 remains "one of the most dramatic turnarounds in the history
of the modern corporation," says McKinsey. He did it by smashing Japanese
cultural norms -- laying off thousands of workers and cutting ties with members
of the Nissan keiretsu. Japanese citizens and media were enraged, but the shock
treatment worked, and Ghosn soon became a Japanese hero, his exploits even
celebrated in a manga comic book. No wonder the Insead business school calls
Ghosn a "transcultural leader."
24
Gabrielle Giffords
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Photo: Larry Downing/REUTERS
Age: 43
Co-founder, Americans for Responsible Solutions (ARS)
Three years after she was shot at a Tucson supermarket,
the former Arizona congresswoman has become a major force in the effort to end
the plague of gun violence. In 2013 she and husband Mark Kelly, both gun
owners, launched a Super PAC, ARS, a move that Daniel Webster, director of John
Hopkins' Center for Gun Policy and Research, calls a true "game
changer."
25
Wendy Kopp
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Age: 46
CEO and co-founder, Teach for All
Twenty-five years after turning her Princeton senior
thesis into a national education reform program called Teach for America, Kopp
is taking her model global. A low-ego leader with big dreams, the 46-yearold
Kopp has recruited social entrepreneurs in 32 countries to become teachers in
underfunded public schools. Her aim? "To narrow educational disparities around
the world."
26
Fred Smith
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Age: 69
CEO, FedEx
Smith created a world-changing industry -- overnight air
delivery -- that no one knew they needed until finding they couldn't live
without it. His ability to continue leading FedEx FDX 2.76%
to be bigger and more successful for 40 years is nearly unique and has
sparked such transformative improvements as online package tracking. He's still
pushing and is a hero to the company's 300,000 employees.
27
Juliet V. García
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Age: 64
President, University of Texas at Brownsville
García has utterly reengineered educational opportunities
for Hispanics in South Texas, forging, in 1991, the innovative partnership
between a community college and the UT system, and helping create UT-Rio Grande
Valley, opening in 2015. Ford Foundation president Darren Walker lauds her
"rare capacity" for bridging grassroots and elites.
28
Mary Robinson
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Age: 69
President, Mary Robinson Foundation -- Climate Justice
As the first female president of Ireland, Robinson broke
barriers. As a long-serving UN high commissioner for human rights, she framed
crimes against humanity in strikingly personal terms. Now, through her
foundation, she is vividly -- and convincingly -- showing the world how climate
change is affecting the poorest of the poor.
29
Howard Schultz
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Age: 60
CEO, Starbucks
A small Seattle coffee retailer has become 20,000 shops
worldwide under Schultz's leadership
SBUX 1.24% , with many more planned. Crucially, he understood that he
was creating an experience, not selling a product. Far ahead of most CEOs, he
saw the value of offering medical insurance to all employees, even part-timers,
and pursuing environmental and social projects that inspire employees and
attract customers.
30
José Antonio Abreu
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Age: 74
Founder, El Sistema
Abreu started El Sistema in a garage with 11 musicians in
1975. Today it teaches music to 400,000 poor kids in Venezuela and has inspired
similar programs worldwide. Its value is that it teaches not just music but
also discipline, practice, cooperation, and culture. A canny leader, Abreu has
cultivated support from Venezuela's many varying governments over the past 39
years.
31
Ellen Kullman
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Age: 58
CEO, DuPont
The first woman to head the 212-year-old company DD 1.13% , Kullman took over as a dismal 2009
began and by year-end had publicly vowed to raise earnings over three years at
a 20% annual compound rate. She did 24%, as she accelerated a major strategic
change -- "and nobody likes change," says a colleague -- that
downplayed chemicals and positioned agriculture and nutrition to power DuPont's
third century.
32
Sir Fazle Hasan Abed
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Age: 77
Chairman, BRAC
After his native Bangladesh fought a war to become
independent, Abed established BRAC (originally Bangladesh Rehabilitation
Assistance Committee) to aid the rural poor, including 10 million returning
refugees. He has built it into the world's largest nonprofit, with over 100,000
employees serving millions in 10 Asian and African countries. He was knighted
in 2010.
33
Tim Cook
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Age: 53
CEO, Apple
Following Steve Jobs has arguably been the toughest
corporate leadership assignment in decades, yet Cook has carried it off with
mostly quiet aplomb. In 2½ years he has kept the parade of winning new products
marching (the Retina display, new operating systems, the iPhone 5), and he is
bringing in Burberry's savior, Angela Ahrendts, to run Apple' AAPL 1.46% s retail stores. That's thinking
different.
34
Malala Yousafzai
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Age: 16
Advocate for education rights
Malala Yousafzai first stood up to the Taliban when she
was 11. A fierce and outspoken defender of a female's right to education, the
Swat Valley schoolgirl was shot by them four years later aboard her school bus.
The senseless act stunned the world, just as her recovery and continued
activism -- despite more death threats -- have drawn many to her cause. Bede
Sheppard of Human Rights Watch calls Malala a "radiant example that
children can be intelligent and savvy advocates for their own rights."
35
Strive Masiyiwa
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Age: 53
Founder & chairman, Econet Wireless
Nearly two decades ago Masiyiwa fought and won a key
court battle to open Zimbabwe's telecom industry to private investment. Masiyiwa,
who sits on the Africa Progress Panel as well as the boards of Alliance for a
Green Revolution in Africa and the Rockefeller Foundation, is a persuasive
advocate for development opportunities and the creation of strong government
institutions. "He is truly one of Africa's most influential figures, with
his good counsel sought by world leaders and CEOs," says Rockefeller
Foundation president Judith Rodin, who calls him "a champion for the power
of technology to improve the lives of millions."
36
George Kennedy
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Age: 58
Head coach, Johns Hopkins University swim teams
Kennedy is in his 29th coaching season at Johns Hopkins,
but veterans of his swim teams say you'd never know it. Kennedy sees not just
each season, but each meet as a new chance to change things up. Maybe that's
how his teams have won 23 conference titles and had 17 top-five NCAA finishes.
"My four favorite words," he says, are 'We can do better.' "
37
Joko Widodo
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Age: 52
Governor, Jakarta, Indonesia
In 2005 the self-made furniture exporter was elected
mayor of Solo, a 500,000-person city in Indonesia. "Jokowi," as he's
known, cleaned up the city and rooted out corruption, thrilling an Indonesian
public weary of the status quo. His ascent since then has been swift: In 2012
he became governor of Jakarta. Now he's the favorite for Indonesia's July 2014
presidential election.
38
Eric Greitens
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Age: 39
Founder & CEO, The Mission Continues
"I think fundamentally leadership is a species of courage,"
says Missouri-bred Greitens, a former Navy SEAL and a Rhodes Scholar. "A
lot of people approach leadership from a different perspective, but for me a
true leader is someone who confronts fear, embraces pain, and welcomes
suffering. It's on the frontline of hardship, pain, and difficulty that leaders
really make a difference." In 2007, Greitens took his commitment back to
the frontlines, founding a nonprofit organization that serves post-9/11
veterans by deploying them to service projects across the country. It's about
providing them with "a challenge, not charity," he says -- and
changing the way Americans, and the veterans themselves, think about veterans.
39
Wynton Marsalis
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Age: 52
Managing and artistic director, Jazz at Lincoln Center
Call him the guardian of American jazz: Pulitzer Prize
winner Marsalis has relentlessly played, composed, and taught throughout his
career, and built Jazz at Lincoln Center into a bastion of the art form.
Moreover, "he has developed a generation of musicians," says longtime
friend and American Express CEO Ken Chenault.
40
Anand Mahindra
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Age: 58
Chairman, Mahindra & Mahindra
A third-generation corporate aristocrat, Mahindra has
aggressively expanded the big conglomerate through acquisitions in autos,
computer services, aeronautics, and more, while maintaining the company's
standing as one of India's most sought-after employers. The company remains
well regarded in Indian society as he has reinforced a policy of integrity in a
notoriously corrupt environment.
41
Nancy Lublin
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Age: 42
CEO, Do Something
Lublin is a standout among social entrepreneurs. Back in
1996, at age 24, she turned a $5,000 inheritance into Dress for Success, a
nonprofit that provides interview suits and career development training to
women. Six years later, having finished law school at night, she became CEO of
a failing nonprofit called Do Something; by embracing technology, she created
one of the largest youth organizations in the world.
42
Susan Wojcicki
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Age: 45
CEO, YouTube
Google's GOOG
-2.54% employee No. 16 officially joined
the company in 1999 as its first marketing manager, just a year after Larry
Page and Sergey Brin set up their first office in her Menlo Park, Calif.,
garage. Widely admired within the Googleplex for her management style, Wojcicki
was instrumental in guiding the evolution of the company's hugely successful
advertising and commerce platforms. Now, many expect Wojcicki, who took the
helm of Google's YouTube division in February, to rev up the troops there.
43
Peter Diamandis
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Age: 52
CEO, X Prize Foundation
Apart from the 14 other companies he has founded,
Diamandis presides over X Prize Foundation, which hosts $10 million
competitions to solve global problems. "He has an infectious optimism,
which becomes a self-fulfilling prophecy," says futurist Ray Kurzweil. He
makes "each person understand that their role is critical to the success
of their organization and in turn that the overall project is critical to
transforming the world."
44
Tetiana Chornovol
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Age: 34
Reporter & Representative, anti-corruption policy,
Ukraine
One of the first reporters to document the rich estate of
then-Ukrainian President Viktor Yanukovych, Chornovol faced continual threats
and was beaten to within an inch of her life on Christmas Day. The attack added
fuel to the Euromaidan protests, which forced Yanukovych's ouster in February.
Chornovol has now been asked to ferret out corruption from inside Ukraine's
interim government.
45
Arati Prabhakar
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Age: 55
Director, DARPA
Running the military's technology innovation lab in the
middle of the austerity era is no easy task. But Prabhakar, who first led a
major federal office when she was only 34 and later spent time as a venture
capitalist, is meeting the challenge with an outsider's enthusiasm. Key Beltway
stakeholders are taking notice. Says Thomas Mahnken, a defense expert at Johns
Hopkins University: "She's very charismatic."
46
Xavier Trias
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Age: 67
Mayor, Barcelona
Barcelona has its Mediterranean port, its Gaudí
treasures, and since 2011, a mayor who is busy transforming the cultural gem of
Spain's Catalonia region into the smartest "smart city" on the
planet. Partnerships with companies like Cisco and Microsoft are fueling
development, a new tech-campus hub is in the works, and he's connecting
citizens to government services through mobile technology.
47
Juliana Rotich
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Age: 36
Co-founder, executive director, Ushahidi
Non-profit Ushahidi has helped seed the fast-growing East
African tech industry and reimagined what technology can do. Witness its
crowdsourced mapping platform, which helps communities track everything from
violence to floods.
48
Lakshmi Mittal
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Age: 63
CEO, ArcelorMittal
Mittal created the world's largest steelmaker MT 0.73%
by pursuing a decades-long, impossibly audacious plan of consolidation
-- working with governments, powerful labor unions, and other constituencies to
rewrite the rules of the old steel industry in tough times.
49
Gail Kelly
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Age: 57
CEO, Westpac
Her six-year tenure as CEO has brought a 70% return to
WestPac WBK 2.31% shareholders -- a remarkable feat given the
challenges. Kelly engineered a huge merger with a rival bank, and then had to
deal with fallout from the global financial crisis. Australia's most powerful
woman in business has gotten high marks Unfinished journey (147)
(The one hundred
and forty-seven, Depok, West Java, Indonesia, 18 October 2014,07.57 BST)
Joko Widodo, the
President of the Republic of Indonesia to the 7th will
be sworn in on 20 October 2014 became the cover of
Time magazine, and ever entered the list of the 50 most
influential world leaders in Fortune magazine.
President Suharto had twice so the
main report and the cover of Time magazine, but Suharto has twice entered the
main reports Time magazine because of corruption and collusion,
corruption and his nepotism and family business, whereas Joko
Widodo due to its popularity and the characteristic ' ' blusukannya ' '
(sudden Inspection silently, without preparation of precedence).
Fortune ranks the World's 50 Greatest Leaders
by Fortune Editors
In an era that feels starved for leadership, we’ve found
men and women who will inspire you — some famous, others little known, all of
them energizing their followers and making the world better.
1
Pope Francis
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Stefano Spaziani Stefano Spaziani
Age: 77
Pontiff, Catholic Church
Just over a year ago, a puff of white smoke announced the
new spiritual leader of 1.2 billion Roman Catholics around the world. In the
brief time since, Francis has electrified the church and attracted legions of
non-Catholic admirers by energetically setting a new direction. He has refused
to occupy the palatial papal apartments, has washed the feet of a female Muslim
prisoner, is driven around Rome in a Ford Focus, and famously asked "Who
am I to judge?" with regard to the church's view of gay members. He
created a group of eight cardinals to advise him on reform, which a church
historian calls the "most important step in the history of the church for
the past 10 centuries." Francis recently asked the world to stop the
rock-star treatment. He knows that while revolutionary, his actions so far have
mostly reflected a new tone and intentions. His hardest work lies ahead. And
yet signs of a "Francis effect" abound: In a poll in March, one in
four Catholics said they'd increased their charitable giving to the poor this
year. Of those, 77% said it was due in part to the Pope.
2
Angela Merkel
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Photo: Dan Kitwood/Getty
Age: 59
Chancellor, Germany
Merkel may be the most successful national leader in the
world today. She is, practically speaking, the leader of the European Union,
which as a whole is the world's largest economy, and Merkel has held that
position for almost nine years. She played the lead role in managing Europe's
debt crisis, keeping the EU intact while setting even Greece on the road to
recovery.
3
Alan Mulally
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Courtesy: Ford
Age: 68
CEO, Ford Motor Co.
Ford's F
0.29% miracle worker saved the company
without resorting to bankruptcy or bailouts by doing what previous leaders had
tried and failed to do: change Ford's risk-averse, reality-denying, CYA-based
culture. After earning $7.2 billion of profit last year -- far more than
General Motors GM 1.00% or Chrysler -- the company paid its 47,000
UAW workers a record $8,800 each in profit sharing.
4
Warren Buffett
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Photo: Scott Eells/Bloomberg/Getty
Age: 83
CEO, Berkshire Hathaway
While lauded as an investor, Buffett also leads 300,000
employees with a values-based, hands-off style that gives managers wide leeway
and incentivizes them like owners. The result is America's fifth-most-valuable
company BRK.A 1.74% . His influence
extends much further than that, though: The world looks to the "Oracle of
Omaha" for guidance on investing, the economy, taxes, management,
philanthropy, and more.
5
Bill Clinton
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Photo: Win McNamee/Getty
Age: 68
Founder, The Clinton Foundation
In the 13 years since he left office, President Clinton
has been a relentless and forceful advocate for a number of causes: the fight
against HIV/AIDS, malaria, and tuberculosis, and the need to stem greenhouse
gas emissions. Through his Clinton Global Initiative, he persuades
billionaires, heads of state, and others to declare commitments (2,300 so far)
to specific projects. (For more, see our interview with President Clinton in
this package.)
6
Aung San Suu Kyi
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Photo: Suhaimi Abdullah/Getty
Age: 68
Chair, National League for Democracy
The Nobel Peace Prize winner gave up freedom and a life
with her family in Britain to protest military rule in Burma (now Myanmar). But
nearly two decades of house arrest could not quash the opposition leader's
determination. Since Suu Kyi's 2010 release, her political party has clinched
dozens of seats in Parliament. Current law bars a presidential run in 2015;
even that may change before long.
7
Gen. Joe Dunford
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Photo: EPA/S. SABAWOON/LANDOV
Age: 58
Commander, U.S. Forces, Afghanistan
The Marine four-star general and leader of NATO's
coalition in Afghanistan "is probably the most complete warrior-statesman
wearing a uniform today," says a former Marine commandant. Dunford tells
Fortune his first battalion commander told him the three rules to success. The
first? Surround yourself with good people. "Over the years," says
Dunford, "I've forgotten the other two."
8
Bono
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Photo: ShowBizIreland/Getty
Age: 53
Lead singer, U2
"Real leadership is when everyone else feels in
charge," Bono tells Fortune. And he has lived by this maxim. He helped
persuade global leaders to write off debt owed by the poorest countries and
encouraged the Bush administration and others to vastly increase AIDS relief.
Now, through his ONE and (RED) campaigns, he is enlisting major companies and
millions of people to combat AIDS, poverty, and preventable diseases.
9
Dalai Lama
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Photo: Angela Weiss/Getty
Age: 78
Spiritual leader of the Tibetan people
For over 50 years he has campaigned tirelessly for peace,
nonviolence, democracy, and reconciliation, especially among world religions;
he has met countless times with popes, rabbis, imams, and others to find common
ground. Winner of the 1989 Nobel Peace Prize, the Dalai Lama radiates charisma.
As for his influence, just ask those who look for his guidance on Twitter. All
8.6 million of them.
10
Jeff Bezos
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Photo: T.J. Kirkpatrick/Bloomberg/getty
Age: 50
CEO, Amazon.com
Bezos is an extremely rare combination of visionary and
master builder -- 20 years ago seeing something no one else could see and then
turning it into the world's No. 2 Most Admired Company (after Apple) on our
list, with a recent market value of $174 billion AMZN 0.26% . Prospective employees are still
drawn to his vision; though he's highly demanding, thousands aspire to work for
him. That's one way to know a great leader when you see one.
11
Derek Jeter
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Photo: Elsa/Getty
Age: 39
Shortstop & captain, New York Yankees
As he begins his 20th and final season in pinstripes,
Jeter remains the type of role-model player that even a Red Sox fan must
grudgingly respect. It's not the five World Series rings he's won or his team
record for career hits. In a steroid-tainted, reality-TV era, Jeter, the son of
two Army veterans, continues to stand out because of his old-school approach:
Never offer excuses or give less than maximum effort.
12
Geoffrey Canada
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Photo: Marco Grob
Age: 62
CEO, Harlem Children's Zone
Dissatisfied with the results of most organizations
helping the urban poor in the mid-1990s, Canada launched an experiment, an
effort to reach all the kids in a 24-block zone of New York City -- he called
it the Harlem Children's Zone -- and give them education, social, and medical
help starting at birth. The idea was to make success a self-reinforcing
phenomenon, as children and their families saw it all around them and
recalibrated their expectations. The experiment has worked spectacularly. The
zone now covers over 100 blocks and serves more than 12,000 children, with 95%
of high school seniors going off to college. Canada plans to step down as CEO
later this year, but his idea -- and leadership here -- will no doubt endure.
13
Christine Lagarde
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Photo: Stuart Isett/Fortune Most Powerful Women
Age: 58
Managing director, International Monetary Fund
Lagarde became IMF chief in July 2011 as the European
debt crisis grew most acute. Her unenviable task required juggling the concerns
of 188 member countries while supporting IMF bailouts of Greece, Ireland,
Portugal, and other troubled countries. She did so and is still doing so
largely with success, though the IMF's stringent conditions on aid have angered
some. Lagarde combines her tough prescription of austerity with an argument
that reforms will help the poor and unemployed above all -- a balance that has
increased acceptance of her message.
14
Paul Polman
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Courtesy: Unilever
Age: 57
CEO, Unilever
With rare skill, Polman has combined noble corporate
goals with savvy management in his five years as CEO UL 2.23% . Of course, strong leadership also
often goes hand in hand with bold ambition: Polman took a big risk by declaring
his -- to double the company's size even while reducing its environmental
footprint and increasing its positive social impact. He is pulling it off and
energizing employees in the process.
15
Michael Bloomberg
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Photo: Monica Schipper/Getty
Age: 72
Majority owner, Bloomberg L.P.
Bloomberg maintained high approval ratings for nearly all
of his 12 years as New York City's mayor (2002-14), winning his first
reelection by a 20-point margin, the largest ever for a Republican in the
heavily Democratic city. He has now returned to the financial data firm he
founded but is hardly giving up his high-wattage policy activism -- leading
campaigns for gun control and against smoking and obesity.
16
Jack Ma
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Photo: Jerome Favre/Bloomberg/Getty
Age: 49
Executive chairman, Alibaba Group
Ma became a billionaire not just through brilliant
management but also by leading his company in a big, brash way. From the day in
1999 when he founded Alibaba in a Hangzhou apartment, he has exhorted employees
to "think big" and "work for their dreams!" He did that
himself and built Alibaba into the world's largest online business, with some
100 million shoppers a day and higher revenues than Amazon and eBay combined.
17
Maria Klawe
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Photo: Scott Eells/Bloomberg/Getty
Age: 62
President, Harvey Mudd College
A mathematician and computer scientist by training, Klawe
is leading the charge to bring more women into science, technology, and
engineering. At Harvey Mudd, freshman women go to computer conferences, and
introductory coding classes are now designed to be more welcoming to newcomers.
Thanks in no small part to Klawe, women now make up 40% of computer science
majors at the college, up from 10% in 2005.
18
Ken Chenault
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Photo: Andrew Harrer/Bloomberg/Getty
Age: 62
CEO, American Express
He's the most accomplished leader in global finance.
Operating in the economy's most hobbled and reviled sector since the 2008
meltdown, Chenault has kept AmEx AXP
2.92% noncontroversial, strong, stable,
and admired. At least twice during the crisis he declined offers to lead even
larger institutions, insiders say. Chenault previously led the company through
the 9/11 attacks, which decimated travel, the basis of its business.
19
Kathy Giusti
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Courtesy: Multiple Myeloma Research Foundation
Age: 55
CEO, Multiple Myeloma Research Foundation
Within weeks of her diagnosis in 1996, Giusti began
disrupting the myeloma research culture -- getting isolated doctors and
scientists to share data, and building an unheard-of consortium to develop
drugs. Harvard Business School Dean Nitin Nohria calls her "an
entrepreneur in the truest sense of the word -- someone who sees beyond
existing constraints to imagine novel solutions to once intractable
problems."
20
Tie: Mike Krzyzewski, Gregg Popovich, Dawn Staley
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Staley: Tracy Glantz/The State/MCT; Popovich: BRENDAN
SMIALOWSKI/AFP/Getty; Krzyzewski: Lance King/Getty
Krzyzewski, 67
Head coach, Duke University men's basketball team
Popovich, 65
Head coach, San Antonio Spurs
Staley, 43
Head coach, University of South Carolina women's
basketball team
There's no playbook for how to become an elite leader in
basketball. Whether it's John Wooden teaching his UCLA players the proper way
to tie their shoes or Zen master (and new Knicks president) Phil Jackson
referencing Buddha, the point is to get five players working in harmony --
however you do it. Three active coaches with very different styles stand out.
We're hard-pressed to say which is best: Duke's Coach K (above, right), who has
developed players for decades with a mixture of toughness and love -- in the
process becoming the winningest Division I men's college basketball coach in
history and leading the U.S. Olympic men's basketball team to a pair of gold
medals? Or the famously terse Coach Pop, who empowers his players by sometimes
stepping back? "What do you want me to do?" he has challenged his
stars in a time-out. "Figure it out." And they do: Coach Pop has had
more consecutive winning seasons (16) than any active NBA coach. Or Dawn
Staley, who has led women's teams at Temple and South Carolina to storied
records? The former WNBA star initially didn't want to coach. But as Staley
noted at her induction into the National Basketball Hall of Fame in 2013, she
knew she made the right decision when "I started to care more about my
players than to win." That might be the common trait of the great ones.
21
Angelina Jolie
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Photo: Jordan Pix/Getty
Age: 38
Actress, humanitarian
There's no such thing as a fleeting cause célèbre for
Jolie; since joining forces with the UN's refugee agency in 2001, first as a
goodwill ambassador and now as special envoy, she's undertaken 50 field
missions to countries including Iraq, Syria, and Pakistan. Her decision to
explain her preemptive double mastectomy in a New York Times editorial, though
controversial in some health circles, underscored her willingness to foster
hard conversations by taking a public stand. "Angelina Jolie represents a
new type of leadership in the 21st century," says U.K. Foreign Secretary
William Hague, who has worked with Jolie on efforts to end a plague of rape in
war-torn regions. "Her strength lies in the fact that she is able to
influence governments and move public opinion at the same time." That
Jolie chooses to use her global influence to highlight neglected human rights
and humanitarian issues, adds Hague, "is in keeping with the finest
traditions of leadership."
22
Zhang Ruimin
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Photo: Wang Jun Qd/Imaginechina/ZUMAPress
Age: 65
CEO, Haier Group
His radical management innovations have transformed Haier
from a small, failing, state-owned refrigerator maker into the world's largest
appliance brand. He groups employees into small, self-managing teams that
choose their own managers, compete for internal talent, and can earn big
bonuses -- unusual in the West and unheard-of in China.
23
Carlos Ghosn
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Photo: Balint Porneczi/Bloomberg/Getty
Age: 60
CEO, Nissan; CEO, Renault
Rescuing a giant, old industrial corporation in decline
is almost impossible; few leaders have ever done it. Fewer still -- maybe none
except Ghosn -- have done it while also a top executive at a separate
industrial giant on the other side of the world. His salvation of Nissan from
1999 to 2005 remains "one of the most dramatic turnarounds in the history
of the modern corporation," says McKinsey. He did it by smashing Japanese
cultural norms -- laying off thousands of workers and cutting ties with members
of the Nissan keiretsu. Japanese citizens and media were enraged, but the shock
treatment worked, and Ghosn soon became a Japanese hero, his exploits even
celebrated in a manga comic book. No wonder the Insead business school calls
Ghosn a "transcultural leader."
24
Gabrielle Giffords
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Photo: Larry Downing/REUTERS
Age: 43
Co-founder, Americans for Responsible Solutions (ARS)
Three years after she was shot at a Tucson supermarket,
the former Arizona congresswoman has become a major force in the effort to end
the plague of gun violence. In 2013 she and husband Mark Kelly, both gun
owners, launched a Super PAC, ARS, a move that Daniel Webster, director of John
Hopkins' Center for Gun Policy and Research, calls a true "game
changer."
25
Wendy Kopp
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Age: 46
CEO and co-founder, Teach for All
Twenty-five years after turning her Princeton senior
thesis into a national education reform program called Teach for America, Kopp
is taking her model global. A low-ego leader with big dreams, the 46-yearold
Kopp has recruited social entrepreneurs in 32 countries to become teachers in
underfunded public schools. Her aim? "To narrow educational disparities around
the world."
26
Fred Smith
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Age: 69
CEO, FedEx
Smith created a world-changing industry -- overnight air
delivery -- that no one knew they needed until finding they couldn't live
without it. His ability to continue leading FedEx FDX 2.76%
to be bigger and more successful for 40 years is nearly unique and has
sparked such transformative improvements as online package tracking. He's still
pushing and is a hero to the company's 300,000 employees.
27
Juliet V. García
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Age: 64
President, University of Texas at Brownsville
García has utterly reengineered educational opportunities
for Hispanics in South Texas, forging, in 1991, the innovative partnership
between a community college and the UT system, and helping create UT-Rio Grande
Valley, opening in 2015. Ford Foundation president Darren Walker lauds her
"rare capacity" for bridging grassroots and elites.
28
Mary Robinson
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Age: 69
President, Mary Robinson Foundation -- Climate Justice
As the first female president of Ireland, Robinson broke
barriers. As a long-serving UN high commissioner for human rights, she framed
crimes against humanity in strikingly personal terms. Now, through her
foundation, she is vividly -- and convincingly -- showing the world how climate
change is affecting the poorest of the poor.
29
Howard Schultz
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Age: 60
CEO, Starbucks
A small Seattle coffee retailer has become 20,000 shops
worldwide under Schultz's leadership
SBUX 1.24% , with many more planned. Crucially, he understood that he
was creating an experience, not selling a product. Far ahead of most CEOs, he
saw the value of offering medical insurance to all employees, even part-timers,
and pursuing environmental and social projects that inspire employees and
attract customers.
30
José Antonio Abreu
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Age: 74
Founder, El Sistema
Abreu started El Sistema in a garage with 11 musicians in
1975. Today it teaches music to 400,000 poor kids in Venezuela and has inspired
similar programs worldwide. Its value is that it teaches not just music but
also discipline, practice, cooperation, and culture. A canny leader, Abreu has
cultivated support from Venezuela's many varying governments over the past 39
years.
31
Ellen Kullman
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Age: 58
CEO, DuPont
The first woman to head the 212-year-old company DD 1.13% , Kullman took over as a dismal 2009
began and by year-end had publicly vowed to raise earnings over three years at
a 20% annual compound rate. She did 24%, as she accelerated a major strategic
change -- "and nobody likes change," says a colleague -- that
downplayed chemicals and positioned agriculture and nutrition to power DuPont's
third century.
32
Sir Fazle Hasan Abed
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Age: 77
Chairman, BRAC
After his native Bangladesh fought a war to become
independent, Abed established BRAC (originally Bangladesh Rehabilitation
Assistance Committee) to aid the rural poor, including 10 million returning
refugees. He has built it into the world's largest nonprofit, with over 100,000
employees serving millions in 10 Asian and African countries. He was knighted
in 2010.
33
Tim Cook
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Age: 53
CEO, Apple
Following Steve Jobs has arguably been the toughest
corporate leadership assignment in decades, yet Cook has carried it off with
mostly quiet aplomb. In 2½ years he has kept the parade of winning new products
marching (the Retina display, new operating systems, the iPhone 5), and he is
bringing in Burberry's savior, Angela Ahrendts, to run Apple' AAPL 1.46% s retail stores. That's thinking
different.
34
Malala Yousafzai
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Age: 16
Advocate for education rights
Malala Yousafzai first stood up to the Taliban when she
was 11. A fierce and outspoken defender of a female's right to education, the
Swat Valley schoolgirl was shot by them four years later aboard her school bus.
The senseless act stunned the world, just as her recovery and continued
activism -- despite more death threats -- have drawn many to her cause. Bede
Sheppard of Human Rights Watch calls Malala a "radiant example that
children can be intelligent and savvy advocates for their own rights."
35
Strive Masiyiwa
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Age: 53
Founder & chairman, Econet Wireless
Nearly two decades ago Masiyiwa fought and won a key
court battle to open Zimbabwe's telecom industry to private investment. Masiyiwa,
who sits on the Africa Progress Panel as well as the boards of Alliance for a
Green Revolution in Africa and the Rockefeller Foundation, is a persuasive
advocate for development opportunities and the creation of strong government
institutions. "He is truly one of Africa's most influential figures, with
his good counsel sought by world leaders and CEOs," says Rockefeller
Foundation president Judith Rodin, who calls him "a champion for the power
of technology to improve the lives of millions."
36
George Kennedy
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Age: 58
Head coach, Johns Hopkins University swim teams
Kennedy is in his 29th coaching season at Johns Hopkins,
but veterans of his swim teams say you'd never know it. Kennedy sees not just
each season, but each meet as a new chance to change things up. Maybe that's
how his teams have won 23 conference titles and had 17 top-five NCAA finishes.
"My four favorite words," he says, are 'We can do better.' "
37
Joko Widodo
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Age: 52
Governor, Jakarta, Indonesia
In 2005 the self-made furniture exporter was elected
mayor of Solo, a 500,000-person city in Indonesia. "Jokowi," as he's
known, cleaned up the city and rooted out corruption, thrilling an Indonesian
public weary of the status quo. His ascent since then has been swift: In 2012
he became governor of Jakarta. Now he's the favorite for Indonesia's July 2014
presidential election.
38
Eric Greitens
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Age: 39
Founder & CEO, The Mission Continues
"I think fundamentally leadership is a species of courage,"
says Missouri-bred Greitens, a former Navy SEAL and a Rhodes Scholar. "A
lot of people approach leadership from a different perspective, but for me a
true leader is someone who confronts fear, embraces pain, and welcomes
suffering. It's on the frontline of hardship, pain, and difficulty that leaders
really make a difference." In 2007, Greitens took his commitment back to
the frontlines, founding a nonprofit organization that serves post-9/11
veterans by deploying them to service projects across the country. It's about
providing them with "a challenge, not charity," he says -- and
changing the way Americans, and the veterans themselves, think about veterans.
39
Wynton Marsalis
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Age: 52
Managing and artistic director, Jazz at Lincoln Center
Call him the guardian of American jazz: Pulitzer Prize
winner Marsalis has relentlessly played, composed, and taught throughout his
career, and built Jazz at Lincoln Center into a bastion of the art form.
Moreover, "he has developed a generation of musicians," says longtime
friend and American Express CEO Ken Chenault.
40
Anand Mahindra
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Age: 58
Chairman, Mahindra & Mahindra
A third-generation corporate aristocrat, Mahindra has
aggressively expanded the big conglomerate through acquisitions in autos,
computer services, aeronautics, and more, while maintaining the company's
standing as one of India's most sought-after employers. The company remains
well regarded in Indian society as he has reinforced a policy of integrity in a
notoriously corrupt environment.
41
Nancy Lublin
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Age: 42
CEO, Do Something
Lublin is a standout among social entrepreneurs. Back in
1996, at age 24, she turned a $5,000 inheritance into Dress for Success, a
nonprofit that provides interview suits and career development training to
women. Six years later, having finished law school at night, she became CEO of
a failing nonprofit called Do Something; by embracing technology, she created
one of the largest youth organizations in the world.
42
Susan Wojcicki
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Age: 45
CEO, YouTube
Google's GOOG
-2.54% employee No. 16 officially joined
the company in 1999 as its first marketing manager, just a year after Larry
Page and Sergey Brin set up their first office in her Menlo Park, Calif.,
garage. Widely admired within the Googleplex for her management style, Wojcicki
was instrumental in guiding the evolution of the company's hugely successful
advertising and commerce platforms. Now, many expect Wojcicki, who took the
helm of Google's YouTube division in February, to rev up the troops there.
43
Peter Diamandis
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Age: 52
CEO, X Prize Foundation
Apart from the 14 other companies he has founded,
Diamandis presides over X Prize Foundation, which hosts $10 million
competitions to solve global problems. "He has an infectious optimism,
which becomes a self-fulfilling prophecy," says futurist Ray Kurzweil. He
makes "each person understand that their role is critical to the success
of their organization and in turn that the overall project is critical to
transforming the world."
44
Tetiana Chornovol
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Age: 34
Reporter & Representative, anti-corruption policy,
Ukraine
One of the first reporters to document the rich estate of
then-Ukrainian President Viktor Yanukovych, Chornovol faced continual threats
and was beaten to within an inch of her life on Christmas Day. The attack added
fuel to the Euromaidan protests, which forced Yanukovych's ouster in February.
Chornovol has now been asked to ferret out corruption from inside Ukraine's
interim government.
45
Arati Prabhakar
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Age: 55
Director, DARPA
Running the military's technology innovation lab in the
middle of the austerity era is no easy task. But Prabhakar, who first led a
major federal office when she was only 34 and later spent time as a venture
capitalist, is meeting the challenge with an outsider's enthusiasm. Key Beltway
stakeholders are taking notice. Says Thomas Mahnken, a defense expert at Johns
Hopkins University: "She's very charismatic."
46
Xavier Trias
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Age: 67
Mayor, Barcelona
Barcelona has its Mediterranean port, its Gaudí
treasures, and since 2011, a mayor who is busy transforming the cultural gem of
Spain's Catalonia region into the smartest "smart city" on the
planet. Partnerships with companies like Cisco and Microsoft are fueling
development, a new tech-campus hub is in the works, and he's connecting
citizens to government services through mobile technology.
47
Juliana Rotich
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Age: 36
Co-founder, executive director, Ushahidi
Non-profit Ushahidi has helped seed the fast-growing East
African tech industry and reimagined what technology can do. Witness its
crowdsourced mapping platform, which helps communities track everything from
violence to floods.
48
Lakshmi Mittal
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Age: 63
CEO, ArcelorMittal
Mittal created the world's largest steelmaker MT 0.73%
by pursuing a decades-long, impossibly audacious plan of consolidation
-- working with governments, powerful labor unions, and other constituencies to
rewrite the rules of the old steel industry in tough times.
49
Gail Kelly
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Age: 57
CEO, Westpac
Her six-year tenure as CEO has brought a 70% return to
WestPac WBK 2.31% shareholders -- a remarkable feat given the
challenges. Kelly engineered a huge merger with a rival bank, and then had to
deal with fallout from the global financial crisis. Australia's most powerful
woman in business has gotten high marks all around.
50
Jed Rakoff
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Yana Paskova/The Washington Post—Getty Images
Age: 70
U.S. District Court Judge
Breaking with tradition, Judge Rakoff rebuffed the SEC's
bid to let Citigroup settle charges of securities violations without admitting
wrongdoing. The case went to the heart of the financial crisis, he said, and
the public deserved to know more. An appeals court still deliberates, but the
bold stand, in our view, is an act of leadership.all around.
50
Jed Rakoff
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Yana Paskova/The Washington Post—Getty Images
Age: 70
U.S. District Court Judge
Breaking with tradition, Judge Rakoff rebuffed the SEC's
bid to let Citigroup settle charges of securities violations without admitting
wrongdoing. The case went to the heart of the financial crisis, he said, and
the public deserved to know more. An appeals court still deliberates, but the
bold stand, in our view, is an act of leadership. (Continoe)
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