Word: powerpointing
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Armed with colorful posters and PowerPoint presentations, they came ready to explain their plans...
...brighter path, Hewlett says, would be to spend a few billion growing HP's most profitable division, the one that makes printers and digital cameras. There's an alternative Gillette strategy: seed the exploding digital-camera market now; cash in on lucrative printing services later. Think of all those PowerPoint presentations and full-color reports that companies across the country are sending to Kinko's right now. That, argues Hewlett, should be HP's turf. "Our printing business alone is worth more than our current stock price," he says...
...employees didn't know who he was until relatively recently. As head of Enron Capital Management--his job in 1997 and '98, when he was named CFO--he wielded his power across a very narrow band. In contrast to the avuncular Lay and the brilliant Skilling, Fastow was a PowerPoint executive whose number-crunching talent far exceeded his managerial and people skills. Indeed, when Fastow was charged with running an actual business--he was named managing director of Enron Energy Services in 1996--he botched it, and Skilling had to reel him back to finance...
...employees didn't know who he was until relatively recently. As head of Enron Capital Management--his job in 1997 and '98, when he was named CFO--he wielded his power across a very narrow band. In contrast to the avuncular Lay and the brilliant Skilling, Fastow was a PowerPoint executive whose number-crunching talent far exceeded his managerial and people skills. Indeed, when Fastow was charged with running an actual business--he was named managing director of Enron Energy Services in 1996--he botched it, and Skilling had to reel him back to finance...
...know, like consulting and investment banking—so that they can focus all of their efforts on recruiting. The consulting firms can accomplish this by purchasing the answer keys to Harvard Business School case studies and simply changing the names above the graphs for their PowerPoint presentations. Similarly, the investment banks can outsource the I-banking departments—which again is just replacing “Company X” with “Company Y” on the front page of pitchbooks that no one reads anyways—to a Third World country with strong...