Word: inc
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Dates: during 2000-2009
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...drinking business culture is as dead as the Sony Betamax, think again. After more than a decade of austerity (not to mention sobriety) during Japan's lengthy economic slump, many Japanese companies are thriving today - and they're reviving some of the business customs that were hallmarks of Japan Inc. during the booming 1980s. Not only are company-sponsored drinking marathons back, so too are subsidized dorms for single employees as well as corporate outings such as hot-spring retreats and annual visits to the company founder's ancestral grave. "We realized that workplace communication was becoming nonexistent," explains human...
...Despite such experiments, Japanese companies may find it hard to restore the glory days of Japan Inc. That's because today, one in three Japanese works part-time; younger employees in particular tend to value mobility over the security of lifetime employment. Indeed, during Noboru Koyama's Saturday-night drinking session, employee Eri Shimoda confides that his co-workers "feel like family." Yet most of those who attended the party also say that, warm and fuzzy sentiment aside, they plan to leave the cleaning company within a few years. "Work is just work," says one of them. No amount...
Other experts say it's not that simple. Paul Maltseff, an intellectual property legal counsel for Intermec Inc., a technology company that did an independent review of Goggin's invention, says the device is "a phenomenon of interest," but that more research and development needs to be done on both sensors and the wireless switch before the technology is effective...
...early May, as the second anniversary of the storm was approaching, the managing editors of a number of Time Inc. magazines--including TIME, FORTUNE, PEOPLE, SPORTS ILLUSTRATED and ESSENCE--all led by editor-in-chief John Huey, made a trip to New Orleans. I admit that before going, I was skeptical--I had New Orleans fatigue. I felt as if I had heard and read enough about Katrina. But from conversations with everyone from Mayor Ray Nagin to jazz great Terence Blanchard, I learned that New Orleanians were deeply disturbed by the pace of reconstruction and how that effort...
This month FORTUNE, PEOPLE, SPORTS ILLUSTRATED and MONEY will be publishing a series of reports on New Orleans. Articles from these and other Time Inc. publications marking the second anniversary of Katrina will be hosted on TIME.com You will find an updated index of those pieces at time.com/katrina This is our fifth cover story on New Orleans since Katrina, and probably not the last. But if there is one reason to believe that this great American city can rise again, it is the resilience of its people. Over dinner in the French Quarter one night, we heard from several...