The article discusses New York City (NYC) mayor, Michael R. Bloomberg's and NYC chancellor, Joel Klein's plan to transform NYC schools. Bloomberg, a former media titan, and Klein, the federal trustbuster who took on Microsoft Corp., were thinking of radical transformation achieved with methods borrowed from big business. The key to changing the deeply complacent culture of the U.S. Department of Education, they reasoned, was to develop school principals into agents of radical change. They would recruit, train, and coach a new generation of principals in entrepreneurial management techniques and charge them with creating schools where every child and teacher could succeed. And they would have to do that in the face of steep budget cuts and fewer human resources.