To edit Hierarchial Chart in Microsoft Word 2007 you need to highlight chart first. If no edit Text window on the right of it appeared, click two arrows on the left border of chart. In that left edit window there are all items of your chart, but in one column with different indents.
You can click one item, press ENTER to create a new item, if it's level is to high, press TAB.
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Staple icon on the far right