Word: xeroxing
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...fingers inky, is about to bloom into a thousand different forms. The one you use will increasingly depend on what you need to use it for. "The tyranny of the static book is over," says Rich Gold, head of the Research on Experimental Documents (RED) team at Xerox PARC. "The digital revolution can incorporate radical new visions of reading...
...little wonder that in these unstable times companies ranging from Lucent to Xerox to Gillette have recently sent their CEOs packing. There hasn't been much public talk of pushing Armstrong out--he will remain chairman and CEO of AT&T--in part because the breakup will be tough enough without a change in leadership. But this is almost certainly Armstrong's last real chance to turn things around. With AT&T stock down 57% this year, shareholders won't be willing to wait on hold forever...
...your CEO used to be the last resort, but more and more it seems like the first. McGinn's departure made him just another casualty in the ranks of ceos ousted in the past year--including Gillette's Michael Hawley (also canned last week), British Airways' Robert Ayling and Xerox's Rick Thoman. And the list is growing. The number of CEO departures went from just 46 last September to 103 this September, according to a study by the outplacement firm Challenger, Gray & Christmas. The number this fall is expected to be double the October 1999 figure...
...actual printing engine is becoming more and more of a commodity," says Ross Waddell, vice president of purchasing at copy giant Kinko's, which, while still Xerox's largest commercial customer, has diversified its equipment base by signing a multimillion-dollar deal with IBM to manage a complex network of high-speed Heidelberger copiers...
...Xerox recognizes this, and part of Thoman's mandate was, in fact, to turn the company from a seller of boxes to a seller of services, a so-called solutions provider like IBM that would help bewildered companies manage their document flow. That is easier said than done. Apart from the challenge of taking on established powerhouses like IBM and EDS, Xerox has had to deal with a perception problem. "Xerox, as a brand, is so associated with copying that it's almost like Kleenex trying to sell paper towels," notes Charlie Corr, a group director at Cap Ventures...