Backed by the corporate bureaucracy, a chief executive might once have got by with good managers, cost-control, and a beady eye on the accounts.

ECONOMIST: Firing the boss

Recently its prime minister, Recep Tayyip Erdogan, has also engaged robustly in Middle Eastern diplomacy, mediating between Syria and Israel, talking to Iran and keeping a beady eye on the aspirations for self-rule of the Kurds of northern Iraq.

ECONOMIST: America, Europe and Turkey

Ultimately, Gallagher was replaced by his brother - and ex-bandmate - Liam, who performed the Oasis hit Wonderwall with his new band Beady Eye.

BBC: Noel Gallagher turned down Olympic closing ceremony