Article: Editor's Desk - August 11, 2003

(FORTUNE Magazine) - Power: Every issue of this magazine contains stories about who's gaining it, who's losing it, and who's wielding it well or badly. But except for our annual survey of powerful women and last summer's look at black business power, we've never tried to rank American executives by their clout--until now. The effort sparked endless, spirited debate among our staff and prompted much reflection on what underpins power and the various ways it is exercised. (For an elegant distillation, see Jerry Useem's essay opening our package.) While I'm sure the debate will continue even though we've now settled on our top 25, I'm also confident this list reflects the commanding heights ...

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