Word: eights
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...future professionals graduate with M.B.A.s and clamor for positions at élite consulting firms. They could do much better things with their time, argues Matthew Stewart, and, as a former consultant, he should know. After earning a Ph.D. in German philosophy, Stewart stumbled into the consulting field and spent eight years as a high-priced business expert - even helping to found a consulting firm before becoming disillusioned with the industry. He chronicles his corporate misadventures in a new book, The Management Myth, and explained to TIME why the philosophers of yesterday offer better business advice than anyone wearing a suit...
...keep at it for eight years? Did you just need the job? In the first years it was a great learning experience. I felt like what we were doing was not intrinsically bad, though we were charging too much. Over time I started to feel a lot worse about it. I really wanted to get out, but I had invested so much in the [new consulting firm]. It was a tricky and morally ambivalent thing, especially toward the end. (Read a story from 1957: "Management Consultants: Good Medicine for Ailing Companies...
...arrested four HIV outreach workers in 2001 under Section 377 on charges including "conspiring to commit sodomy." The incident was alarming - but ultimately it served as the catalyst for a historic gay-rights ruling. The Naz Foundation filed a public-interest lawsuit on the arrested activists' behalf and after eight years of litigation, the Delhi High Court ruled on July 2 that Section 377 violated India's constitutional principles of equality and inclusivity. It was an emotional moment, particularly for those who grew up in more conservative times. "In those days, you just kept quiet about your sexuality," says Gautam...
...Welcome to Washington, where a Nobel Prize winner's opinion is just another opinion, where facts are malleable and sometimes irrelevant. It's tough to be Mr. Outside in a town where policy happens on the inside. Congress is blocking Chu's plan to create eight "Bell lablets" to investigate his game changers, along with his efforts to scuttle hydrogen-car research he considers futile. He's trying to make DOE's bureaucracy more nimble, but it still pushed less than 1% of its stimulus funds out the door in five months. And while Chu ends speeches with Martin Luther...
...Megrahi was freed after serving only eight years of a life sentence for 270 counts of murder. U.S. officials had pleaded with Britain and Scottish officials in recent weeks to block his release, and Secretary of State Hillary Clinton said on Thursday that she was bitterly disappointed that he had been freed. There was also strong criticism from family members of some of the victims; 259 passengers were killed when a bomb exploded mid-air aboard the doomed aircraft over Lockerbie, Scotland, and 11 others who were on the ground died from falling debris. (Read: "Re-Opening the Lockerbie Tragedy...