Word: outfitting
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...articulated by Thompson is that it will go on doing what it has been doing but with fewer people, a greater impact and higher standards. Quality is the key, whether it's straight news or comedy that spills out of a character's absurdly tight latex outfit. It's the only way the Beeb can bear out this claim by Byford: "The BBC is here to make the world a better place." Perhaps it has to start at home...
...Team Gray Racing, a Louisiana troupe started by insurance-company executives after they heard about the first DARPA road race. "They said, 'We've got some good tech people--why don't we do this?'" says a Team Gray member. And DARPA isn't the only government outfit working this way. NASA lists seven competitions on its website, including the Astronaut Glove Challenge. Get sewing...
...Foreign drugmakers are happy to oblige. Both U.K.-based AstraZeneca and Swiss outfit Novartis have announced plans to spend $100 million on new R&D labs in Shanghai. In June, the U.S.'s Eli Lilly pledged to spend $300 million within the next five years. Britain's GlaxoSmithKline started 17 drug trials in 2006 and plans to double that number this year...
...land at a farther point on the runway and at a slower speed to conserve fuel and reduce wear and tear on tires. Half of AirAsia's tickets are sold over the Internet, eliminating travel-agent fees. Passengers pay for their food and drinks. When a professional aviation-construction outfit demanded $20 million to build a hangar at Kuala Lumpur's airport, Fernandes instead asked the small contractor who had built his home to do it for $500,000. "There is a lot of excess in the airline industry," he says. "The challenge is to change the mind...
...deal for LensCrafters, Luxottica also got the midmarket women's-clothing chain Casual Corner. Luxottica couldn't find a buyer for the poorly performing outfit and after two years was on the verge of liquidating it when Del Vecchio said he'd buy it himself. Why? "It was a gut feeling more than anything else," he says. So Del Vecchio left day-to-day operations at Luxottica to strike out on his own. Within a few years, the hemorrhaging at Casual Corner had stopped?and Del Vecchio was looking to expand into additional retail concepts...