Word: ge
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Dates: during 2000-2009
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Kozlowski liked to think of himself as a budding Jack Welch, but unlike Welch, he never developed a set of business practices that brought real synergy to his disparate businesses. He had little patience for GE's vaunted Six Sigma quality-control doctrine, nor did he make enough investments in information technology. And he apparently didn't do a good job of nurturing a new generation of managers: retired chairman John Fort had to return as interim CEO last week. Some analysts think that in his passion for quick deals, Kozlowski often overpaid, most notably for CIT, which may fetch...
...Botswana. BOTTOM LINES "A hedgehog could have crossed any major road in relative safety." Rob Maynard, Royal Automobile Club spokesman, on the absence of a rush hour during England's early-morning Nigeria match "The problem I have is not firepower, it is a shortage of targets." Nani Beccalli, GE Europe CEO, on the company's desire to buy European companies "You're worse than politicians." Tom McNally, member of Britain's House of Lords, on cable executives' evasive answers during hearings on a communications bill
...absence from her job and he was confronting the leave of half his $900 million fortune in a divorce settlement with his second wife. The reason for both losses was the romantic relationship sparked when Wetlaufer, the editor of the Harvard Business Review, interviewed Welch, the retired head of GE, for a story in her publication. But the saga continues now that journalists have dug into her past. Wetlaufer was supposed to return to HBR as an editor-at-large, but last week she resigned from the journal entirely, saying her presence would be a distraction. This comes just...
TIME: Would you stay away from GE for that reason...
...band played R&B as well as soul, replete with saxaphone, trumpet and guitar accompaniment. Sounding like a mix between Bob Marley and the P-Funk Allstars, Soul Fège had seemed a likely choice to go on to Springfest...