Word: product
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...businesses like search, mail and Web-based applications, instead of pouring endless resources into experimental projects that never turn a profit (such as its ill-fated virtual world Lively, which will close at the end of month). "If they could fix their expense management, surely they could fix their product development as well. Google has a very poor product-development process," says Lindsay, who criticizes the firm for letting good products languish while encouraging engineers to tackle newer and more exciting projects instead. For example, its Chrome browser got positive reviews when it was released this summer, but it hasn...
...near to their long-sought goal of parity with the Japanese firms Honda and Toyota as they are to collapse. In the past couple of years, Detroit has closed the quality gap. Its cars are competitive on engines and drivetrains and fits and finishes. Some top-class products score well with car rater J.D. Power, such as the Cadillac CTS and Ford's new F-150. "What exposes us to failure now is not our product lineup or business plan or our long-term strategy," GM's Wagoner told Congress. "What exposes us to failure now is the global financial...
...Martin, Land Rover and some of its stake in Mazda. Volvo may be next. "We have streamlined all of the brands to focus on Ford," he says. Ford wants to be able to create small- and medium-size cars around the world from a single global blueprint. The initial product of the One Ford strategy is the much anticipated Fiesta. It was designed in Europe and is due to arrive in the U.S. in late 2009 substantially unchanged. "Ford can win market share in small cars again," says Harbour. There's also a new Fusion and a new Taurus, long...
Worse from a profitability point of view, GM's product line is currently skewed toward pickups and SUVs, unlike Toyota et al. So declining sales in those segments takes a much bigger bite out of GM's bottom line...
...Harvard Business School student presented to a large group assembled in Aldrich Hall a slide of his new product: “miniature fast food meals,” small enough to hold in the palm of one’s hand. “In 10 years, half our country will be dead because of obesity, so here’s our market,” said first-year student Adam R. Ludwin, moving to the next slide, which he had never seen before. “Skinny people who surf,” he described the next image...