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Instead of bringing in a conventional consultant to help him, Palestrant visited a loft in the Flatiron district of Manhattan. In a series of meetings there, Palestrant rattled off his ideas--an outpouring he likened to "intellectual bulimia"--while Elizabeth Pastor and Garry VanPatter, the team behind the firm Humantific, furiously drew and took notes. "He was really deep in the trees," Pastor says. The pair made sense of Palestrant's fuzzy ideas and turned them into huge, glossy posters with icons representing how the parts of his business fit together. Diagrams in hand, Palestrant went to venture-capital funds...
Ideo, the Palo Alto, Calif., design firm best known for creating the Palm V digital organizer, began its Transformation by Design department, one of the first in the country, under Peter Coughlan in 2002. Ron Volpe, customer vice president for supply chain at Kraft, turned to Ideo that year to help improve the relationship between Kraft and Safeway. Basic communication was not smooth, and there were some delays in getting products to market. Ideo gathered more than 80 employees from both firms, encouraging each side of the supply chain to weigh in. The changes that Ideo devised--new promotional displays...
...just can't keep Big Oil down. Trouncing analysts' expectations Tuesday, BP and Royal Dutch Shell, Europe's largest oil companies, delivered record profits for the first quarter of 2008. Anglo-Dutch firm Shell netted $7.78 billion in the first three months of this year, up 12% over the same period in 2007. Profits at rival BP, meanwhile, swelled by almost half to $6.59 billion. Shares in each firm climbed almost 5% on the news...
There's nothing particularly fantastical about Meyer's life. She grew up in Phoenix, the daughter of a CFO at a contracting firm, and went to Brigham Young University, where she met her husband, an accountant named Christian who goes by "Pancho." They got married at 21 and have three sons. They still live just outside Phoenix in a town called Cave Creek, in a large modern house guarded by towering saguaro cacti. Smart, funny and cheery, Meyer does not seem noticeably undead in person. An observant Mormon, she doesn't drink alcohol and has never seen an R-rated...
...feel about Treasury Secretary Henry Paulson's proposal to expand the powers of the Fed? -Josh Lyman, SeattleI'm very cautious because it represents the former head of a very large Wall Street firm, acting as Secretary of the Treasury, explaining how we could regulate the economy further to the advantage of Wall Street and the disadvantage of the rest of the country...