Word: boothe
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Dates: during 2000-2009
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...cuts may help the short-term bottom line but can haunt companies down the road. "Stopping those payments can be a violation of an implicit contract, and that can affect people's sense of loyalty," says Stacey Kole, an expert on human-resources management at the University of Chicago Booth School of Business. "It's a natural trigger for people to look outside for alternative jobs." And employees remember such slights. "If you cheat me today," Kole says, "I'll remember that when I have options to go elsewhere...
...There's also a legitimate question as to who would do the restructuring. GM CEO Rick Wagoner has made the case that his crew is best placed to run the turnaround since it knows where the cost buttons are. But critics like Jim Schrager at the University of Chicago Booth School of Business say the wrong people are in charge: "I think you would only put money in GM if you had a complete change in the board and the current management. They are diligent. They worked very hard, but it just hasn't worked." In Schrager's view...
...flip side to Canada's regulatory system. When the global economy was flying high, Canadian banks complained about not being allowed to merge to become more significant international players. "In hindsight, that decision may have saved Canada from having a Royal Bank of Scotland on its hands," says Lawrence Booth, a finance specialist at the University of Toronto's Rotman School of Management, referring to the overly ambitious bank's bailout earlier this month by the British government...
Sixteen years after pulling the lever for Bill Clinton on behalf of her mother, Julia E. Schlozman ’09, finally cast a ballot of her own when she stepped into the booth to vote for Senator Barack Obama. She wasn’t the only one voting for the first time. For most Harvard students, the 2008 election marked their first opportunity to cast a ballot for president. This year’s particularly riveting race, between Democratic nominee Obama and Republican Senator John McCain, heightened their enthusiasm for the contest, which has gripped the nation for almost...
...according to the Initiative & Referendum Institute of the University of Southern California. Many of the measures tackled social issues ranging from gay marriage and affirmative action to prostitution and assisted suicide. Despite high Democratic voter turnout, not all socially progressive issues fared well in the voting booth. Here's how Americans voted on some of the most contentious issues...