Word: adaptibility
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Harvard's new financial management system, Project ADAPT, is plagued with across-the-board implementation problems at the Faculty of Arts and Sciences, according to an update presented to the Faculty Council yesterday...
Still, more than most, Bezos is likely to adapt to this brave new bot world. He understands its fundamental creed. "The balance of power online fundamentally shifts from merchants to consumers," he says. Indeed, thanks to shopping bots, the party won't just be at his place anymore...
LASIK is, after all, a young technology. Nearly all the excimer lasers used so far were actually approved by the Food and Drug Administration for a different type of eye surgery. (Doctors are allowed to adapt certain existing technologies to new uses.) The first excimer laser specifically designed for LASIK wasn't approved by the FDA until July 1998. Two more types of excimers are expected to pass muster by the end of this year...
...through almost any material without generating a lot of heat damage. That's just the kind of exacting low-impact tool surgeons needed to rework the delicate tissues of the eye. So a company called Summit Technology, of Waltham, Mass., dedicated itself to figuring out how to adapt the excimer laser to eye surgery. Today, Summit and another company, Visx, of Santa Clara, Calif., dominate the eye-laser industry...
That's because every shopper's click provides data, Brooks says. And in the past eight months, he has used that data, along with information from focus groups, to redesign his site five times. Brooks is dubious that a brick-and-mortar retailer can adapt as quickly to consumer needs. "My sense of time is compressed," he says. "For someone who has spent 25 years as a retailer to adopt this speed will be very tough...