Word: core
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Dates: during 2000-2009
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Brabeck pooh-poohs the notion that a company should focus tightly on its core competency. Nestle's big challenge, he says, "is that we have to be able to learn how to get operational efficiency with a relatively complex business structure. This is what I think real management is all about. The other thing is much too easy." Rather than narrow its focus, he believes that a well-managed and flexibly organized consumer-goods company can sell dog food and ice cream--as well as coffee, water and candy--and gain advantages in marketing, purchasing and distribution over more specialized...
Necessity, that great mother of invention, played her role in the creation of DeepStream Technologies. Chief executive Mark Crosier and his core team found it necessary to get work in 2003 after losing their jobs. They became surplus to needs when Eaton Corp., an electrical company based in Cleveland, Ohio, bought the part of Delta Corp. where they worked. "Our whole team was severed in a redundancy, and we decided to design and build a business rather than all pursue our separate ways," recalls Crosier...
...course, the "core problem" is the U.S. property market, says Han de Jong, chief economist for ABN Amro in Amsterdam. "In hindsight, the housing market in the U.S. was a bubble." The cause? Superlow interest rates that encouraged lenders to offer loans to virtually anyone, even those with bad credit. Those loans were then bundled together into exotic derivatives and sold off to financial institutions worldwide; when borrowers began to default on their mortgages, money managers from São Paulo to Seoul suffered huge losses...
Current freshmen and sophomores will most likely graduate under the Core Curriculum, the professor in charge of implementing its replacement said at yesterday’s full Faculty meeting. Moving away from earlier plans that would have brought the Classes of 2010 and 2011 under the general education program, Jay M. Harris said the new curriculum would not go into effect until fall 2009. That means that the Class of 2013 would be the first to enter under the new requirements. Harris said the committee expects to have a small number of courses available to students in the fall...
...have so much potential in our freshman class—we only lost one kid,” coach Kathy Delaney-Smith says. “We think we are the best, and we expect to win the title.”The Crimson is returning a core of players, especially in a loaded backcourt. Senior co-captain Lindsay Hallion, a second-team All-Ivy performer last season after ranking second on the team in scoring and second in the league in both field-goal and free-throw percentage, returns to run the point. At shooting guard is junior Emily...