Word: planning
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Germany's boardrooms have long been a cherished male preserve. But that's about to change at one of the country's biggest companies, Deutsche Telekom, which has just unveiled a radical new plan to fast-track more women into management roles. By 2015, the company has mandated that 30% of its middle and upper management positions be filled by women - the first gender quota to be implemented at one of Germany's top 30 DAX-listed companies. Anne Wenders, a Deutsche Telekom spokesperson, says this is not a "tokenistic gesture aimed at political correctness...
...what's going on? First off, food deflation in 2009 impacted the entire grocery business. However, a strategic shift from Walmart backfired a bit. In order to implement its "Project Impact" plan, which called for less clutter in the aisles and more space given to other product categories like toys and electronics, the store offered a narrower selection of brands and package sizes in its grocery section, which accounted for some 45% of its store space. This move had a two-pronged effect. Some shoppers, faced with a less robust grocery selection from Walmart, decided to make an extra trip...
...Project Impact, Weinswig believes Walmart is positioned for a big year: on March 14, she upgraded the stock from hold to buy, and set a price target of $65 per share (after the close of business on March 17, Walmart was trading at $55.92 per share). The company's plan also indicates that a significant swath of American consumers are still hunting for value in the economic rebound, and many of those who "traded down" during the worst of the recession are "staying down." Walmart wants to keep them there. "Over the last few years, we haven't really seen...
...kept mostly quiet, but that was enough for the Mansfields. "Believe me, I did not believe in ghosts before this at all," laughs Leslie. "But I don't need any more. I do believe in spooks! I do believe in spooks!" Barring any unforeseen interruptions from Millet, the Mansfields plan to start the renovation project this summer...
...despite all the problems, Putin insists that everything in Sochi is fine. "So far, both the timeline and the financing [are] going according to plan," he told RIA Novosti last month. For him, the stakes are enormous, as he made it his personal mission two years ago to win the Olympics for Russia. He even delivered a speech to the International Olympic Committee in English - a first for a Kremlin leader before a Western audience - and promised members that the Sochi Games would be "safe, enjoyable and memorable." He even guaranteed that there would be snow. With the Olympics...