Word: modelers
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...take on this responsibility when he could have left it to hired professionals? It helps to understand that he is a man of epic contradictions. His family practically invented the auto industry, not to mention blue-collar consumerism. Brilliant, cantankerous Henry Ford made the first mass-produced car, the Model T, and paid workers enough so they could afford to buy one. That makes great-grandson Bill industrial royalty: he comes from a competitive, dynastic clan that cannot be separated from the nameplate on your Mustang. But he also has a complex, even squishy side; he's a passionate environmentalist...
...wants to blow up the company's hierarchical traditions, trim the ranks of bureaucrats and encourage a climate of risk taking. He will go out on a limb with bolder car designs (in fact, one new model is called the Edge). And he will gamble that saving the planet from the car industry is the biggest long-term priority of all, so he will pour billions of dollars into eco-friendly factories and cars. Most notably, the company will dramatically increase production of its hybrid gas-electric models, promising to produce 250,000 a year by 2010, a tenfold increase...
...automakers scored annual gains in quality, profitability and market share. But U.S. automakers were lulled into complacency in the 1990s by the supersize profits of their SUVs (light trucks, technically), which just a decade ago earned profit margins as high as 25%. Ford was an innovator with its Explorer model and just kept making them bigger. Meanwhile, the Japanese started making good SUVs too, and the competition made the profit margins shrink. When the price of gas soared, SUV sales tanked, and the U.S. companies were caught without money spinners. Ford stopped making the four-ton Excursion, which had been...
...equation while the other scans the environment and tends to other basic chores. As we age, however, the walls between the hemispheres seem to fall, with the two halves working increasingly in tandem. Neuroscientist Roberto Cabeza of Duke University dubs that the HAROLD (hemispheric asymmetry reduction in older adults) model, and judging by his work, the phenomenon is a powerful...
...beauty of mathematics, from Raoul Bott,” Taubes said. “And he taught us how to look for beauty in everything, not just in mathematics, but in people and all things...he was deeply loved by everybody who knew him, he was a role model for everyone...