10
Fortune(ISSN 0015-8259) is published monthly by Time Inc., a wholly owned subsidiary of Meredith Corporation, Principal Office: 225
Liberty St., New York, NY 10281-1008. Periodicals postage paid at New York, NY, and additional mailing offices. Postmaster: Send all UAA
to CFS. (See DMM 507.1.5.2). Non-Postal and Military Facilities: Send address corrections toFortune Magazine, P.O. Box 37508, Boone, IA
50037-0508. Canada Post Publications Mail Agreement #40069223. BN# 888381621RT0001. © All rights reserved. Printed in the U.S.A.
Cus t omer Ser v ice and Subscr ip tions: For 24/ 7 ser v ice, please use our w ebsi t e: w w w.f or t une.com/myaccoun t. You can also call 1-800-
621-8000 or write toFortune Magazine, P.O. Box 37508, Boone, IA 50037-0508. Reproduction in whole or in part without written permis-
sion is s tr ic tl y pr ohibi t ed. Your bank may pr ov ide upda t es t o the c ar d in f or ma tion w e have on file. You may op t ou t o f this ser vice at any time.
2
FORTUNE.COM// JA N.1.
design
21 The Dean of Dallas Design
Billionaire TimHeadington is trying
to breathe more life into down-
town Dallas by giving it a hipper
aesthetic.By SHEILA MARIKAR
tech
27 VR Gets Real in the OR
Doctors and medical students are
increasingly using virtual reality
to prepare for surgery.
By ANDREW ZALESKI
37 Ta c k lin g “ To ugh Te c h”
Unlike many venture capitalists,
Katie Rae is a fan of startups
that take on big and complicated
problems.
Interviewby RENAE REINTS
venture
40 Forget Pie in the Sky,
Drones Are Saving Lives
Drones may one day make your
life easier by delivering pizza,
but today—in Rwanda—they are
playing a vital role in emergency
medical services.By TOM JACKSON
focus
7 Hot Under the White Collar
Around the globe, prosecutors
seem to have a growing appetite
for holding corporate leaders
accountable.By ADAM LASHINSKY
10 On Macron vs.
the Gilets Jaunes
Was France due for an insurrec-
tion?By LINDSEY TRAMUTA
11 Billion-Dollar Babies
Retailers need to cultivate
hip brands, not reinvent core
offerings.By PHIL WAHBA
12 Your Money Is No Good Here
The rise of cashless retail is
pushing legislators to help those
without bank accounts.
By DANIEL BENTLEY
14 Revealing Leaves
Us Reeling
In the age of Instagram, baby
showers get taken to the next
level.By DANIEL BENTLEY
AND LUCAS LAURSEN
18 The Best Workplaces
for Diversity
Fortune and research partner
Great Place to Work based this list
on responses from women, people
of color, the LGBTQ community,
those with disabilities, and older
employees.By RADHIKA MARYA
briefing
4 Unfinished Business
Why deploying 51 people to cover
the struggles of the middle class is
part and parcel ofFortune’s mis-
sion.By CLIFTON LEAF
foreword
passions
49 Beautiful and Sustainable
Big players in one of the planet’s
most polluting industries are
finally getting serious about their
environmental responsibilities.
By LINDSEY TRAMUTA
thebigidea
45 Why Business Must
Step Up to Shape the Next
Industrial Revolution
Technological disruption threat-
ens to create a gap between busi-
ness’s priorities and society’s.
By KLAUS SCHWAB
BACK PAGE
last byte
96 Underperforming Asset
Americans keep investing in
the laggard enterprise known as
U.S. health care. Life expectancy,
meanwhile, has barely budged.
Text by CLIFTON LEAF; graphics
by NICOLAS RAPP
CONTENTS
DEPARTMENTS
VO
LU
ME
1
79
//
/^
NU
MB
ER
1
invest
42 When Workers and
Investors Share the Wealth
Being stingy wth pay and benefits
can boost profits in the short
term. But companies—and their
stocks—may do better when
they’re generous.
By RYAN DEROUSSEAU