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...students may choose to participate in are entirely focused on the development of market-related skills like leadership, team-work, analytical skills, and working under pressure. We have what we call Junior Enterprises, which are student-run companies that provide consultancy work for real-world companies at a low cost. These are run independently by student groups, so that we can gain some practical experience before going on to work for real companies. As CEO of “RH Junior Consultoria,” a company that provides human resources consultation, I got to coordinate employee selection processes...

Author: By CAIO R. P. MALUFE | Title: Leverett F-Tower Room Ninety-Seven | 2/12/2010 | See Source »

...What makes the recall since November of nearly 9 million Toyotas that are susceptible to uncontrolled acceleration and balky brakes such a shocking story is not so much the company's manufacture of some shoddy cars or even its dreadful crisis management - though those are errors that will cost it more than $2 billion in repairs and lost sales this year. It's something more pernicious: the vapor lock that seems to have seized Toyota's mythologized corporate culture and turned one of the most admired companies in the world into a bunch of flailing gearheads. Not only is Toyota...

Author: /time Magazine | Title: Behind the Troubles at Toyota | 2/11/2010 | See Source »

...Toyota dealerships, meanwhile, customers have had to haul their cars in to have the sticky gas pedals repaired. Loyal Toyota owners now have a reason to flirt with other brands, though switching could cost them: trade-in prices for Toyotas have fallen. And at global headquarters in Toyota City, Japan, corporate officers belatedly grasped the seriousness of the situation and tried to make amends. "I apologize from the bottom of my heart for all the concern that we have given to so many of our customers," a chastened Akio Toyoda, grandson of the corporation's legendary founder, Kiichiro Toyoda, told...

Author: /time Magazine | Title: Behind the Troubles at Toyota | 2/11/2010 | See Source »

...early to say that consumers have not seen the last of massive, worldwide recalls of cars - in part because car companies have adopted the Toyota approach. Ford's new and highly praised strategy is to build "world cars" the way Toyota does, reducing the cost of manufacturing by making sure that more of its models share common parts on a relatively small number of platforms, built at plants around the world. That sounds like the epitome of manufacturing efficiency in our globalized economies. But it also explains why the brakes that caused the Prius' recall are found on Toyota...

Author: /time Magazine | Title: Behind the Troubles at Toyota | 2/11/2010 | See Source »

...Apple may produce laptops and desktops that are a bit more expensive than their PC counterparts, the Cupertino-based company does an excellent job of choosing top-notch components that last longer and provide better performance than their generic PC counterparts. To put it more simply, the hardware may cost more, but you get more...

Author: By Eugene Kim | Title: Apple of My Eye | 2/11/2010 | See Source »

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