Word: benchmarking
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...Thompson: Best Buy was considered a great place to work, but the work environment was much like any across America: lots of face time, lots of hours, lots of meetings. When we started to think about destructuring, we did not benchmark. Work-life programs have been around for 40 years, and they don't work...
What's a healthy year of life worth? According to a study by Stanford and University of Pennsylvania researchers, about $129,000. Using Medicare records on treatment costs for kidney dialysis as a benchmark, the authors tried to pinpoint the threshold beyond which ensuring another "quality" year of life was no longer financially worthwhile. The study comes amid debate over whether Medicare should start rationing health care on a cost-effectiveness basis, as many other nations do. While the Stanford figure may seem low, it's actually an upward revision. The number most cost-benefit analyses use to determine whether...
...writes Lee. Neither do they pause to think of just how Americanized, in the U.S., Chinese food - or more accurately Chinese-style food - has become. Lee points out that there are 40,000 Chinese restaurants in America - more than the number of McDonalds, Burger Kings and KFCs combined. "Our benchmark for Americanness is apple pie," she points out. "But ask yourself: How often do you eat apple pie? How often do you eat Chinese food...
Stanford economists have demonstrated that the average value of a year of quality human life is actually closer to about $129,000. To get to that number, Stefanos Zenios and his colleagues at Stanford Graduate School of Business used kidney dialysis as a benchmark. Every year dialysis saves the lives of hundreds of thousands of Americans who would otherwise die of renal failure while waiting for an organ transplant. It is also the one procedure that Medicare has covered unconditionally since 1972 despite rapid and sometimes expensive innovations in its administration. To tally the cost-effectiveness of such innovations Zenios...
...stunning popularity of SATC both on HBO and DVD (and, more recently, on TBS), this movie could be the one that bucks the trend. TIME.com turned to a crack panel of experts to gauge how this movie will fare among mainstream audiences - and whether it will reach a key benchmark of success, $25 million on its opening weekend. All five said yes, and here are their reasons...