Word: foundering
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...economic slump, many Japanese companies are thriving--and they're reviving some of the customs that were hallmarks of Japan Inc. during the booming 1980s. Not only are company-sponsored drinkathons back, so too are subsidized dorms for single employees as well as corporate outings and visits to the founder's ancestral grave. "We realized that workplace communication was becoming nonexistent," explains human-resources manager Shinji Matsuyama, whose company, Alps Electric, brought together 3,000 workers for its first company-wide undokai, or mini-Olympics, in 14 years. According to Matsuyama, the shared experience of playing dodge ball and skipping...
...globetrotters who define this niche, a chain hotel, no matter how ritzy, just won't do. "The resort sector was a little tired and cookie cutter," says America Online founder and former chairman Steve Case. His own frustration as a traveler led him in August to invest in Cacique, an $800 million, eco-friendly resort planned for Costa Rica's northwest coast. To stand out in the crowded luxury field, a boast about sheets with a thread count of 1,200 isn't enough. So Case and other hotel developers are trying to create a new model for luxury. Unlike...
...Bill, the money must be used to fund education, start a business or make a down payment on a home. The bond would preserve the voluntary nature of the service but offer a strong incentive for young people to sign up for it. Says City Year CEO and co-founder Michael Brown: "It's a new kind of government philosophy about reciprocity. If you invest in your country, your country will invest...
...AARP survey, 80% of Americans between 50 and 60 said they were planning to work during retirement. "Many seniors are interested in careers that are influenced by a spirit of service. Over half want to work in the education, health-care and nonprofit sector," says Marc Freedman, founder and CEO of Civic Ventures and co-founder of Experience Corps. Experience Corps is the largest AmeriCorps program for people over 55; it consists of teams of 10 to 15 people working to improve reading for students in kindergarten through third grade. Just as AmeriCorps members receive scholarships, baby-boomer volunteers would...
...them as crowd-pleasing rhetoric or a way of avoiding asking people to make a true sacrifice. But Americans are ready to be asked to do something. "People understand the idea that this is a great country, and that greatness isn't free," says Zach Maurin, the co-founder of ServeNext.org, which has launched a campaign to get the presidential candidates to endorse national service...