Word: marketized
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Walter stepped down in 2006, and soon after, it became clear that Cardinal's strategy wasn't sustainable. "The old Cardinal Health had so many different businesses, and they could never quite get them all moving in the right direction at the same time," says Lazard Capital market analyst Tom Gallucci. "Huge chunks of the company were being undermanaged or neglected altogether...
...have to act fast if, as Barrett says, it wants to catch up with rivals on delivering specialty drugs. Netting $134 billion globally in 2008, these therapies for treating chronic diseases--about half of which are oncology drugs--represent one of the fastest-growing segments of the health care market. AmerisourceBergen's revenue in the sector topped $16 billion last fiscal year. "If Cardinal is going to play, they have to move now," says Sanford C. Bernstein & Co. analyst Helene Wolk, who is bearish on Cardinal. "And they're going to have to buy, not build, to get to scale...
...parable of Toyota is that the tortoise became the hare. Over decades, Toyota built its reputation and market share in tiny increments by way of its renowned continuous-improvement method. In the Toyota mantra, quality was always first because it led to lower costs, which would lead to higher market share. Eventually...
...1990s, Toyota set out to become the world's top auto company. Being the best and being the biggest created a tension that Toyota couldn't resolve. Says MIT operations expert Steven Spear: "If quality is first, it drives a certain set of behaviors. If market share is the goal, it drives a different set of behaviors...
...both parents, you know Shapiro has a heightened sense of drama. She is wiser now but still can't stop obsessing over what could have been, whether it be a medical crisis her son survived as an infant or a terrorist attack. (She put her Brooklyn brownstone on the market a few days after Sept...