Challenge: Keeping Florida schools strong (now ranked No. 5 in the U.S.)

Scott's move: New accountability measures for teachers and more choice for students

Progress to date: Mixed. Instituted merit pay and ended tenure for teachers while expanding charter schools; flip-flopped on funding, proposing a deep cut and then asking lawmakers to restore money after they approved a more modest trim.

By Tory Newmyer, writer @FortuneMagazine - Last updated January 30 2012: 5:46 PM ET
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10 worst business predictions of 2011

From a muni meltdown to a recovery in bank stocks to a Yahoo turnaround, we were told a bunch of things would happen this year that didn't even come close.