When I began my career in journalism—I was a reporter at a national magazine in those days—there was a man I’ll call Claus Schmidt. He was in his mid-fifties, and to my impressionable eyes, he was the quintessential newsman: cynical at times, but unrelentingly curious and full of life, and often hilariously funny in a sandpaper-dry kind of way. He churned out hard-hitting cover stories and features with a speed and elegance I could only dream of. It always astounded me that he was never promoted to managing editor.

A version of this article appeared in the May 2002 issue of Harvard Business Review.