Word: copycatted
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...global business environment? Not surprisingly, executives asked to comment on Ghosn's achievement tend to be dismissive. Tadahiro Sekimoto, former president of NEC Corp., is emphatically critical: "The so-called Nissan turnaround is a product of attitudes and ways of behaving that are irreconcilable with our society and culture. Copycat management! We are about nurturing individuals and making their hearts beat passionately. If every Japanese company took the Nissan approach to solving its problems, Japan would fall apart." Three years ago, Sony's Nobuyuki Idei brushed aside the Nissan case as if it had no relevance at all: "The automobile...
...remedy for growing pains in the global pharmaceutical sector? For Novartis, it's generic: the Swiss firm last week swallowed Germany's Hexal and America's Eon Labs for $8.4 billion, forging them into its existing Sandoz unit to create the world's largest manufacturer of off-patent, copycat drugs. A slide in blockbuster drug approvals in recent years - combined with the expiration of patents protecting a wave of branded drugs introduced in the '80s - has helped make generics big business. Government encouragement of the sector means off-patent drugs account for more than half...
...reality TV? Friends, family and police saw little evidence of that. Those who knew Turpin say he was excited about The Contender's launch but frustrated about not being able to box until the end of the series--which was pushed back four months after Fox launched a copycat show--and had been partying and putting on weight. (Because of the delay, NBC gave each contestant a stipend to continue training.) "He felt like he was training for nothing," says his sister Launita Turpin. Still, she says Turpin seemed upbeat when she saw him last. Chapple, who had been with...
...boost the teams' share of F1's estimated $800 million annual commercial income. "He'll let them have just enough" to keep them on board, says Windsor. Expect a tight finish. Ostalgia In A Bottle Things go better with, er, Kofola? Back in the '60s, Czechoslovaks drank a copycat cola by that name, with less sugar and half the caffeine of Coca-Cola. It fizzled after communism fell and Western soft drinks became available. But in 1999, a north Moravia company relaunched Kofola. This year, Czech retail sales of Kofola surpassed Pepsi and challenged Coke, which leads the market with...
MEANWHILE IN THE U.S. ? Cheesy Imitations News that a 10-year-old grilled cheese sandwich purported to bear an image of the Virgin Mary (pictured) drew a bid of millions on eBay spawned a rash of copycat snacks. Available for cyber-bids: a replica Virgin Mary sandwich; a festive Christmas tree sandwich; an agnostic sandwich; and, of course, an Elvis Lives sandwich - which had trouble hitting its starting bid of $400, perhaps because, as its seller concedes, it really looks more like James Dean...