Word: relentlessness
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What Johnson and other believers agree on is the wisdom of the company's relentless reinvestment in new markets in lieu of banking premature profits. Bezos' strategic analysis goes like this: customer acquisition is only going to get harder tomorrow, so you have to grab every customer you can today. For those 13 million customers translate into dominant market share. And dominant market share means the power, for instance, to strong-arm suppliers for better deals, which could lead to profitability. BMVP2000...
...Chechnya - and because he stuck his jaw out in the face of Western criticism. Deputy Secretary of State Strobe Talbott on Thursday chided Moscow for failing to observe international human rights standards, and there was certainly no lack of evidence to back his claim: Russian forces continued their relentless pounding of Grozny despite the presence of thousands of civilians in the city, and the Russian military opened a criminal investigation into an alleged massacre of 41 civilians last week at a village near Grozny after initially denying...
Luzhkov, however, has been dogged by a relentless Kremlin smear campaign. Last summer, for instance, rumors circulated that the government was planning to release damning kompromat (compromising materials) about him. One version current in the Duma was that this would take the form of a tape, either video or audio, of Luzhkov ordering the murder of a business rival. No tape ever surfaced, but the prospect of a brutal war of charge and countercharge reinforced the urgings of some of the mayor's advisers: forget about the presidency, back someone else and position yourself to be the great reformist Prime...
While rivals like CVS and Walgreens are enjoying record profits, the nation's second largest drugstore chain is saddled with billions of dollars in debt and caught in the crosshairs of an SEC investigation into its questionable accounting practices. For months the bad news has been relentless: In mid-October the board forced out CEO Martin Grass and announced that pretax profits for the past three years would be revised downward by $500 million. Then just before Thanksgiving, the chain's longtime auditor, KPMG, bolted after refusing to re-examine its client's books. Says Edward Comeau, an analyst...
...question gnawing at everyone is whether a company that already controls 51% of the world's soft-drink market can sustain Ivester's relentless strategy of pumping up sales 7% to 8% a year. "Coke has been this perpetual growth machine," says Ari Ginsberg, a management professor at New York University's Stern School of Business, "and now all this has happened...