Word: microsoft
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Dates: during 2000-2009
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...legal downloading options. Iconic acts like the Rolling Stones and the Eagles have begun allowing their songs to be sold online. With the digital-music industry expected to grow in revenues from $77 million this year to $1.5 billion in 2008, according to Jupiter Research, marquee players, including Microsoft, Amazon and Yahoo, are revving up to rush the stage...
WORLD BEATERS A21 Microsoft's Euromanager; Kellogg's new COO; a black mining exec in South Africa...
KIMBERLY DALY Microsoft Manager...
Daly paced herself to run the Paris Marathon, but when it comes to climbing Microsoft's corporate ladder, the 36-year-old sprints. In a decade she advanced from account rep to head of the company's largest domestic sales region. During the three years Daly was general manager for the New York--New Jersey district, sales in the business-products line shot up 114%. This summer, Daly hopped to Paris to run the company's $500 million communications division, covering Europe, the Middle East and Africa...
...Microsoft's decision to eliminate stock options and instead award stock grants to its 50,000 employees reflects the same phenomenon: fear of a brain drain. Microsoft is maturing into a slower-growth company and must retain its "institution builders," says Ed Lawler, a business professor at the University of Southern California. "The company needs to attract more people who aren't as risk oriented." A recently hired Microsoft techie says getting restricted stock (with cash value) will encourage him to stay: "People like me who suffered through the dot bomb don't care as much about options...