Word: stanfords
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Dates: during 1990-1999
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...Stanford economist Timothy Bresnahan argues that this is more a problem with PCs than with large business computers, where upgrades are handled by professional managers. But changing systems can be a serious problem for medium-size businesses too. Insurance Management Associates, a commercial insurance brokerage firm, has just laid out more than $1 million to install a new computer operating system. In the Denver office alone, says president Robert Cohen, "we had 2,500 hours of training for 70 employees and kept the business running while handling the usual glitches and two-hour breakdowns, as well as the three days...
...competing business school ranking, released earlier this year by U.S. News & World Report, paints a somewhat different picture. U.S. News placed HBS first, tied with Stanford. By contrast, Business-Week ranked Stanford ninth...
Business Week calculates its rankings by surveying two important groups: business school graduates and corporate recruiters. For 1998, Harvard ranked sixth among recruiters but 13th among grads. Business programs at Columbia, Duke, Cornell, Stanford and Dartmouth round out Business Week...
...Stanford University, whose endowment ranked fifth in value in 1997, also felt the tremors of market fluctuations. The endowment, now estimated at $4.5 billion, lost about 10 percent of its value in August, according to Mariann Byerwalter, vice president of business affairs and chief financial officer for the university...
Atwood says the university has invested large portions of the endowment, reported at $6.6 billion in June, in real estate. Yale's complacency may be misplaced, however. Stanford also has significant investments in real estate. And although investors say they have cushioned the blow, diverse portfolios have not saved Yale's competitors from the market drops...