Word: expertism
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...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...
BabyCenter.com offers a calculator to help determine the cost of raising a child; I wonder how great a deterrent this represents. It uses figures from an annual report from the U.S. Department of Agriculture, which I suppose would be the expert in growing corn - or kids. This year's report says a typical family will spend about $221,000 raising a child through age 17; that's 21% more than families spent the year I was born. Food and clothing are cheaper now, but housing and health care cost more. Turns out parents get a bulk discount: people with only...
...career around Silicon Valley; he's served on the boards of a battery company, a semiconductor firm and two biotech start-ups. In his last job, he shook up the bureaucracy of DOE's Lawrence Berkeley National Laboratory (LBNL) to tackle real-world energy problems, while becoming a leading expert on energy innovation. "He's brilliant, and he understands the full breadth of the energy portfolio," says Ralph Cavanagh, co-director of the energy program of the Natural Resources Defense Council, an environmental group. "There's no precedent for that...
...Hoshiarpur, says the wholesale price of his cartful of sweet corn, red cabbage and peppers has tripled over the last few months. Electricity production also will be lower in areas that rely on hydropower, reducing industrial productivity. "It's not about business alone," says Suhel Seth, a marketing expert and longtime advisor to India's big business houses. "You're creating a chain of events which affects the whole economy...
...release drew criticism from U.S. President Barack Obama's spokesman and many of the American relatives of those on board the flight, as well as investigators who prepared the evidence that led to Al-Megrahi's conviction. However, some British relatives of the Lockerbie victims and the legal expert who helped design the trial that convicted Al-Megrahi expressed support for the decision...