Word: lucent
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...sophisticated as U.S. business intelligence is, it lacks the government support that many other nations' multinationals can count on. The Chinese, French, Israeli and Japanese intelligence services are especially noted for gathering and sharing information useful to their country's firms. Last year two Chinese scientists working for LUCENT were arrested on charges of passing information to a state-run Beijing company seeking to become the CISCO of China. The scientists and a third alleged co-conspirator are still awaiting trial. U.S. intelligence has tipped off American businesses when it has learned their competitors have not been playing...
...equation works, you have to get inside the Carly Fiorina mindset. Enter her well-appointed corner cubicle, and she will tell you about how successful companies have to accelerate change and embrace risk--something she says she learned as a sales manager at the once great and now battered Lucent. "If two years from now we want 10% growth," she says, "we have to keep moving into new categories...
...there were ever a signal that women are ascending in corporate America, it came this month when Patricia Russo, above, left the heir apparent's office at Kodak to return to troubled Lucent Technologies as its CEO and rescuer in chief. Surveys show that more women are reaching the top rungs of the executive ladder than ever before: the number of FORTUNE 500 companies with female board members has jumped 25.8% since 1993. Sure, a few CEOs have had a hard time lately. But, ironically, that's just another sign of progress. As Julie Weeks, research director at the Washington...
...LUCENT "Expects to reduce its net headcount...through a combination of force management actions and attrition." Translation: 10,000 jobs lost
...course, rival Lucent is still slashing costs, according to the WSJ, which quoted CEO Henry Schacht as saying, "These are uncertain times. We've got on our belts, suspenders, parachutes and skyhooks." But that?s Lucent. And at Microsoft, business marches on - it?s presenting the finished version, or "gold code," of Windows XP to PC manufacturers on Friday. Along with a dead fish wrapped in newspaper...