Word: focused
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Other experts think b-schools should go even further, by not only increasing the number of courses they offer but also revising their syllabi, which currently focus heavily on mathematical modeling (a forecasting technique that uses historical data and assumptions). "People shouldn't bury themselves in the mathematics, because the mathematics are only tools," says Kenneth Froot, a professor at Harvard Business School who teaches courses in risk management. "One needs to have a wide and robust vocabulary to talk about risk, simply because no single mathematical formula is going to capture all of what risk...
...steeped in the particulars that they don't always see the forest for the trees. They get the math, but they don't pay attention to systemic issues within the broader economy; it's a by-product of degree programs that encourage students to take a narrow focus too early on in their studies. "In medicine you become a doctor first, and then you become a specialist," Morici says. "In finance, you just become a specialist...
...Mbeki's head. Instead, he had called for Mbeki to serve out the remainder of his term, in order to ensure a smooth political transition. Zuma told his party that it would be a waste of energy to "beat a dead snake," and instead appealed to them to focus on healing internal divisions. Malema's response: "Fine ... we are no longer beating it and we are burying this snake this weekend...
Barnstorming through battleground states together, John McCain and Sarah Palin have developed a buddy act that brings an energy and focus not present when McCain campaigns alone. Before he added Palin to a ticket encumbered with the now-unpopular Republican brand, McCain's events were sparsely attended and sometimes listless. That has all changed...
...still high. Goldman Sachs in a note to investors this week said that Asian stocks are "getting interestingly cheap" but analysts "certainly do not pretend to have any real clarity on the near-term market outlook." The investment bank said "for now, most investors in Asia will continue to focus more on cutting risk and hedging positions rather than putting on substantial new risk." The wild ride in Asian markets isn't over...