From the pinnacles of power by Fortune editor at large Patricia Sellers
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August 27, 2008, 3:51 pm

Power Point: Be ready to shoot the ball

“Two of the players I used to watch are Bill Bradley and John Havlicek. They were both known for moving without the ball–working to get into a position where you’re ready to shoot the ball. In contrast, most people spend a lot of time standing around.”

- Eddie Lampert, billionaire hedge fund boss and chairman of Sears Holdings (SHLD). After a stunning rise, which I wrote about in 2006, Lampert is having a really rough run, as he readily admitted when I spoke with him this past June. Now trading around $87, Sears’ stock, his largest holding by far, is down 39% in the past 12 months. And Sears has recently lost key executives including chief marketing officer Maureen McGuire and David McCreight, who ran the Lands’ End unit and left to become president of athletic apparel maker Under Armour (UA). Sears Holdings announces earnings tomorrow morning.

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Pattie SellersPatricia Sellers has written some of Fortune's most talked-about cover stories, including "Can Meg Whitman Save California?", Melinda Gates ("The $100 Billion Woman"), "MySpace Cowboys," Martha Stewart ("I cannot be destroyed"), Ted Turner ("Gone with the Wind") and Oprah Winfrey ("Oprah Inc."). And she has broken ground with insightful pieces on career management issues such as ego ("Get Over Yourself!"), and "Charisma: Do You Need It? Can You Get It?" Pattie chairs the annual Fortune Most Powerful Women Summit, the preeminent gathering of women leaders in business, philanthropy, government, academia, and the arts. And she has helped oversee Fortune's "Most Powerful Women in Business" cover package since its launch in 1998. She started at Fortune in 1984, covering the big consumer brand companies.
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Jessica ShamboraJessica Shambora started with Fortune as a reporter in June of 2008, following a stint as assistant editor at Travel+Leisure Golf. Shambora has written for Sports Illustrated, SI Latino, Women's Health, and Triathlete. She is a frequent contributor to Postcards.
Every year Fortune and the U.S. State Department sponsor the Global Women Leaders Mentoring Partnership, which brings rising-star women from developing countries to the U.S. to work closely with participants of the annual Fortune Most Powerful Women Summit - among them CEOs Andrea Jung of Avon, Ann Moore of Time Inc., and Anne Mulcahy of Xerox.
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