Word: ernsting
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...Kauffman founded Bios Group, a partnership with Ernst & Young designed to apply complexity science to Big Business. In five years, it has completed more than 50 projects for FORTUNE 500 companies, solving thorny problems of supply-chain management for Procter & Gamble (How do you get the soap from factory to home with optimum results for P&G, its retailers, and consumers?), decimalization for NASDAQ and crowd control for Disneyland (How do you avoid long lines at rides...
...Ernst-Moritz Lipp, managing partner of Odewald & Compagnie, a German private-equity manager, all this talk about WWGD (What will Greenspan do?) was of little immediate consequence. "None of that discussion really plays a role here in Europe," he said, "which shows that Europe has really decoupled from the U.S." Lipp predicted that 2001 will be the year "Europe replaces the U.S. as the engine of growth." He forecast the European economy would grow at a healthy 3.5% annual rate, or just about last year's level...
...those taste-alike chardonnays? Riesling (pronounced reezling) is the antidote. The true riesling (a.k.a. Johannisberg Riesling) has its origins in Germany, but it can now be found all over the world and is developing cult status among growers and drinkers. A 1999 Riesling Single Berry Select made by Ernst Loosen and Chateau Ste. Michelle of Washington State in the U.S. has been awarded 97 points by the Wine Spectator, the highest-ever rating for an American white...
...even shopped out--How many cell phones and cashmere scarves do you really need?--they are making this holiday, as a Los Angeles boutique owner puts it, "ho ho hum." "Some CEOs haven't seen it this bad since 1990-91," says Peter Schaeffer, a partner at Ernst & Young...
...consulting firm McKinsey & Co. estimates that the number of jobs in India's software and IT-services sector will jump from 280,000 last year to 2.2 million by 2008. "For people who are educated, speak English and have some basic skills," says Salil Parikh, CEO of Ernst & Young's Indian consulting operation, "it will be a great life...