Word: vitalize
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Dates: during 2000-2009
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...primary strategic mission for Immelt is to hasten GE's transformation from a low-margin manufacturer to a more lucrative services company that sells solutions as much as stuff. In GE's world there are fewer but bigger customers, so there's a vital need to maximize the relationship--to milk them for all they're worth. GE now gets 70% of revenues from services, compared with about 15% when Welch took over. The bulk of it, however, comes from its giant GE Capital subsidiary, with $370 billion in assets...
These are the kind of real-world budget arguments that could pack a punch at the polls a year from now--which is something Harry Truman could appreciate. He understood that the presidency isn't just where the buck stops. It's also--for vital federal programs, paying down the debt and keeping the economy strong--where the bucks start...
FAMILY TIES Exposing transracial adoptees to their birth cultures might not be as vital to their psychological well-being as is popularly assumed, according to researchers at St. John's University. The team surveyed 51 nonwhite adults who had been adopted as children by two white parents. The adoptees who identified with the culture of their adoptive parents were found to be neither better nor worse adjusted psychologically than those who were immersed in their birth cultures...
...When the State Department, while demanding that Arafat act against terrorism, warns Israel against assassinating Palestinian activists and occupations of Palestinian-controlled areas, it is sending out a carefully calibrated message designed to rescue a process that the U.S. has calculated is vital to Israel's long-term interests. But Sharon hears enough dissonance in the Bush administration to ignore State Department entreaties. The Israeli prime minister appears to believe he can shoot his way out of the present crisis, but it behooves the U.S. to take the long view, in a wider regional context. And viewed against the backdrop...
...develop a "Chinese-menu-style education," for instance, that allows home schoolers to have a math class here and a band course there without buying the whole K-12 puu-puu platter. On the other hand, it remains to be seen whether public schools can still play a vital role in communities if they become simply another consumer good pushed by market forces and not a common good that transcends them...