Word: ge
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Dates: during 2000-2009
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...practice, companies find that a multipronged approach leads to results. General Electric initiated an aggressive diversity strategy under former CEO Jack Welch that included employee networks, regular planning forums, formal mentoring, and recruiting at colleges popular with minorities. Perhaps most significantly, GE appointed a chief diversity officer, Deborah Elam. In 2000, women, minorities and non--U.S. citizens made up 22% of GE's officers and 29% of senior executives. By 2005, their ranks swelled to 34% among officers and 40% of senior execs. "Training just to train is not enough," says Elam. "You've got to have accountability...
...middle of a crisis, companies pay consultants anywhere from $50,000 and up, depending on how long and how many people are deployed. A precrisis preparation session costs at least $25,000. Still, says Dezenhall, who has represented such companies as Procter & Gamble, ExxonMobil, Eli Lilly and GE, "the amount of money spent on crisis management is a drop in the bucket compared to what you might lose." Corporations routinely analyze how political risk or interest-rate risk might affect their bottom line. Argenti says the "reputational risk" of handling a crisis poorly should be part of the equation...
...flock to the crowded, invitation-only nightclub parties he's been co-organizing for the past 15 months. "I had projects in France but times were difficult," he explains. In Tokyo, by contrast, he finds things easier. The Isetan department store has begun stocking his clothing brand, Boëge, named after his home town in the Alps. He keeps an eye on French politics, but has few illusions. "There's so much inertia," he says. "It's a wonderful country, but the energy to succeed needs to return...
...renamed Bluepoint Leadership Development say that they are better managed without the world-famous management consultant and author of In Search of Excellence and Re-imagine! than with him: higher revenues, doubled profitability, loyalty from old clients and a roster of new ones like Starbucks, DHL and GE. "Fortune called Tom Peters the Ur-guru of management," says Bluepoint partner David Parks, "but apparently not when it comes to running his own company...
...rising power with valid interests in the Pacific and beyond. After the visit, China's foreign ministry spokesman said, "military ties [between the two countries] are facing a precious opportunity of development," and at a meeting in Beijing's defense ministry, the deputy chief of the General Staff, Ge Zhenfeng, told Fallon that the two militaries needed to stop viewing each other "though the lens of ignorance and suspicion...