Word: bains
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Dates: during 2000-2009
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...Monday night in September, about two dozen Harvard students gathered at the Harvard Square hot spot Red Line, to be wined and dined by recruiters from the consulting firms Bain and Co. and the Bridgespan Group...
...really does use the cramped space--filled with eBay trinkets and pictures of his wife (an Obama campaign fundraiser) and four children (all basketball players and eBay users)--as his primary office. That visibility and openness has earned Donahoe, brought in by Meg Whitman from Bain & Co. three years ago and promoted to replace her in March, respect from employees and customers alike. The conference room where Donahoe holds meetings has a small DENNIS THE MENACE nameplate on the door. He explains the eBay tradition whereby colleagues name your conference room after a cartoon character. "It's because I tend...
That's why Donahoe, a Whitman hire at both eBay and Bain, where he spent more than 20 years, eventually becoming its CEO, carried out a series of rapid-fire changes. He emphasized, for example, fixed-price sales over auctions and got his mitts on the hands-off approach that has defined eBay for years. Many wonder whether the 12-year-old auction giant will emerge with the same DNA once Dennis the Menace departs. "Donahoe has introduced more changes in the last six months than we've seen in the last six years," says Jack Sheng, chief executive...
...penny-pinching shoppers this holiday season, they're hoping their websites can deliver some good news. At the very least, the Internet should outdo the sidewalk in delivering sales growth: holiday forecasts predict zero to 2.2% overall sales gains for November and December, according to respective estimates by Bain & Co. and the National Retail Federation (NRF), the world's largest retail trade association. By comparison, online retail sales are expected to grow 12%, to $44 billion, according to Forrester Research...
While analysts say there is no must-have item this Christmas season, they expect discount chains like Wal-Mart to lead the pack. "This is the kind of economy that Sam Walton built Wal-Mart to serve," says Rigby of Bain. Consumer electronics could be a bright spot especially since prices for items such as plasma screen TVs and GPS navigation systems have declined dramatically. And with consumers indicating they're planning on staying home more often-eating in or taking "staycations" instead of vacations - a brand new TV or DVD player might be a good way to indulge while...