Sherry Michaels, CEO of Michaels & Associates Docntrain Ltd., is the architect of a groundbreaking business model: the virtual consultancy. The clients are real. The consultants are real. So are the revenues. But business is conducted primarily in cyberspace, where drive time is far less important than access to intellectual capital. The Business Journal of Phoenix recently ranked Michaels & Associates, founded in 1998, as the 14th largest management-consulting firm in metropolitan Phoenix. - March 02, 2007