Word: marketizing
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...Brazil, college has a totally different goal than it does in the U.S.. We prepare students to be marketable industry professionals as soon as possible. The extra-curricular opportunities from which students may choose to participate in are entirely focused on the development of market-related skills like leadership, team-work, analytical skills, and working under pressure. We have what we call Junior Enterprises, which are student-run companies that provide consultancy work for real-world companies at a low cost. These are run independently by student groups, so that we can gain some practical experience before going...
...other hand, here in Brazil I guess people are led to “become an adult” sooner than they actually should. Even though we stimulate activities that develop a more market-specific professional who is better prepared to deal with pressure, multi-tasking and who has market-specific skills, there are important things to learn about citizenship, arts, and culture that our educators allow to pass by unnoticed. We definitely lose a lot from this. In spite of this deficiency, I believe we develop stronger professionals with practical and theoretical skills that are above average. However...
...said that such trends created “big vulnerability” in the American market, which ultimately collapsed—as Rogoff had predicted in a paper about a year and a half...
...Think of it as built-in stress detection. At Toyota, that means work stops whenever and wherever a problem occurs. (Any employee can pull a cord to shut down the line if there is a problem.) That way, says Steven Spear of MIT, author of Chasing the Rabbit: How Market Leaders Outdistance the Competition and an expert in the dynamics of high-performance companies, "When I see something that's not perfect, I call it out, figure out what it is that I don't know and convert ignorance to knowledge...
...Roland didn't deny being angry at James, calling him a "liar and a crook" in court. He said that the retirees met James while on vacation years ago in Florida and that he persuaded them to invest their money in the U.S. housing market, promising the group a profit margin of 18%. Following the subprime-market collapse in the U.S., Roland now claims that James "tricked us and took us for a ride...