Word: ince
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Dates: during 2000-2009
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...pollsters or weather forecasters or the CIA. Those experts tend to be knowledgeable but are prone to certain limitations: personal bias, groupthink, clashing personalities. "In companies, not only are people afraid to get an answer, they are afraid of asking the question," says Emile Servan-Schreiber, CEO of NewsFutures Inc., which sells markets programs to corporations. So a market can benefit from outsiders' views that are reflected, in real time, in the form of prices. The dirty secret is that markets are often as good as the experts at making predictions. The next time the Federal Reserve meets...
...recent years. According to a report published by Bloomberg.com, a financial news website, the average compensation of June graduates of the HBS Master of Business Administration (MBA) program increased 11 percentage points to $174,580. Increased job hires by firms such as PricewaterhouseCoopers LLP and Goldman Sachs Group Inc. are partially responsible for driving the rise in salaries. Business school class of 2005 hires at Goldman Sachs were awarded average base salaries of $115,000, a 35 percent increase from 2004. Jonathan Jones, co-head of campus recruiting for Goldman Sachs says the company will continue to hire more...
...computer for every pocket. That idea has been the core of Palm, Inc.'s strategy. Ed Colligan, president and CEO of the maker of the Treo smartphone and other wireless handheld devices, spoke with TIME's LAURA LOCKE about the future of mobile computing and why Palm joined forces with Microsoft...
...tapping into the spending power and fashion savvy of boomer women--the 77 million female Americans born between 1946 and 1964 who have long set the pace for marketers and advertisers. Last year the Gymboree Corp. launched Janeville, a Juicy Couture-style line for boomers. In August Gap Inc. introduced Forth & Towne, aimed at mature women, its first new brand since Old Navy debuted in 1994. And in September Liz Claiborne Canada launched a new chain called Yzza for the same age group. Even the denim market is growing up, with brands like Vitamina and Sergio Valente targeting hip moms...
Marketers are doing what comes naturally: following the money. Boomers spent $42.7 billion on apparel last year, compared with teenagers, who spent $20 billion, according to the NPD Group Inc., a market-research firm. The over-50 cohort has $750 billion in spending power and controls 50% of all discretionary income. Fashion executives, struggling with a stagnant apparel market in recent years, have been eager to find a new niche. "All you have to do is look at the numbers of population and spending power of the boomers," says Wendy Liebmann, president of WSL Strategic Retail. "You just have...