Fortune - March 1, 2016 USA.pdf

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P. 98
MEET
15 ENTREPRENEURS
WHO ARE SHAKING UP
YOUR INDUSTRY
saving
penneys
Marvin Ellison is
re-(re-re-)inventing
the troubled
American
department store.
P. 76
SPECIAL
REPORT
INSIDE BIG
CHOCOLATE’S
CHILD LABOR
PROBLEM
P. 54
MARCH
1, 2016
FORTUNE.COM
THE WORLD’S
P. 90
UNMADE
IN CHINA
THE
HOVERBOARD
FAD
BLOWS UP
MOST ADMIRED
COMPANIES
P. 109
PLUS:
AN EXCLUSIVE
INTERVIEW WITH
APPLE’S TIM COOK
“I’M GOOD AT BLOCKING
OUT THE NOISE.”
P. 119
~ DAMION ANGLIN
A l l s tate
Agency Owner since 2007
What makes a good Marine also
makes a good Allstate Agent. And
Damion Anglin is living proof.
Ten years in the military taught him a
valuable life lesson: leadership. The
kind he uses today to run his own
successful Allstate agency and to
look out for his customers.
When a customer’s driver’s license
expired, Damion put her mind at ease
by working with the DMV to get the
license reinstated.
Damion has built a good life going
above and beyond the call of duty for
others. Want to build a good life for
yourself and run your own business?
Talk to an Allstate recruiter today
at 877-875-3466.
•
OWN YOUR OWN BUSINESS
•
EARN WHAT YOU’RE REALLY WORTH
H ear more of Damion’s story at
AllstateAgent.com
Subject to all terms and conditions as outlined in the Allstate R3001 Exclusive Agency Agreement and Exclusive Agency program materials. Allstate agents are not franchisees; rather they are exclusive agent
independent contractors and are not employed by Allstate. Allstate is an Equal Opportunity Company. Allstate Insurance Company, Northbrook, IL. In New Jersey, Allstate New Jersey Insurance Company,
Bridgewater, NJ. © 2015 Allstate Insurance Co.
March 1, 2016 Volume 173 Number 3
features
SPECIAL REPORT
54
Bitter
Sweets
For a decade
and a half, the
big chocolate
makers have
promised to end
child labor in
their industry—
and have spent
tens of millions
of dollars in
the effort. But
as of the latest
estimate,
2.1 million
West African
children still do
the dangerous
and physically
taxing work
of harvesting
cocoa. What will
it take to fix the
problem?
By Brian O’Keefe
Cocoa farming
in Ivory Coast
76
The Man Who’s
Re-(Re-Re-)
Inventing
J.C. Penney
Marvin Ellison worked
his way up to CEO at
Penney by mastering
the details of retail.
But as Penney’s two
previous chiefs found
out, it’s going to take
some fancy footwork to
restore the department
store’s luster.
By Phil Wahba
90
Boom! Goes the
Hoverboard Fad
Chinese factories created
the hoverboard industry—
then made it go up in
smoke. Inside the trillion-
dollar world of copycat
manufacturing.
By Scott Cendrowski
98
The
Fortune
Entrepreneurs
Meet 15 founders
who are disrupting their
industries in novel ways.
(One of those industries
might be yours.)
By the
Fortune
staf
T H E WO R L D ’S M O ST A D M I R E D C O M PA N I E S
109
Our All-Star List and
Industry Standouts
The results are in! Thousands of
insiders, directors, executives, and
analysts pick the most respected
names in global business.
By Christopher Tkaczyk
119
Exclusive Q&A:
Apple CEO Tim Cook
On Apple’s down-cycle strategy,
its evolving mind-set, and that
rumored car.
By Adam Lashinsky
124
The Ultimate Driving
Machine Prepares for a
Driverless World
How 100-year-old BMW is
racing toward automated driving,
electric cars, and ride sharing.
By Brian Dumaine
ON T H E C OV E R : p ho t o g r a p h b y
NANCY NEWBERRY
T H I S PAGE: p ho t o g r a p h b y
BENJAMIN LOWY
March 1, 2016
FORTUNE.COM
3

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