Word: intel
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Dates: during 2010-2019
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...failure of these New Economy players in China is in stark contrast to the success of brick-and-mortar companies. Consumer stars like Nike, food franchises like Kentucky Fried Chicken, industrial giants like General Electric and United Technologies, and technology behemoths ranging from Microsoft to Intel to IBM have prospered in China. In fact, mainland China has been the most impressive growth market for hundreds of global companies for the past decade. So how did Google stumble so badly...
During a late-afternoon perusal of New York Magazine’s Daily Intel blog, we were amused to find an interesting little “quote” from one of our very own—HBS professor William W. George (better known as simply Bill George). “If you don’t pay them for their performance, you’ll lose them. It's much like professional athletes and movie stars," George had said, supposedly referring (as the blog had initially suggested) to bankers...
...transcript makes it immediately clear that the Daily Intel had taken George's statement way out of context. He had been talking about “traders," not “bankers"—a fact that would have been made abundantly clear by a cursory glance at the sentence preceding or following the quote. To get the scoop, we called the author of the post, Jessica Pressler of New York Magazine...