Word: computerizes
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"Virtually nothing you do at work on a computer can't be monitored," says Jeremy Gruber, legal director of the National Workrights Institute, which advocates workplace privacy. Nine out of 10 employers observe your electronic behavior, according to the Center for Business Ethics at Bentley College. A study by the...
Businesses argue that their snooping is justified. Not only are they trying to guard trade secrets and intellectual property, but they also must ensure that workers comply with government regulations, such as keeping medical records and credit-card numbers private. And companies are liable for allowing a hostile work environment...
Working in an archaic mode has its competitive advantages. "Because the presses are obsolete, you're not competing with other people who are getting the newest machinery, so actually our capital investment is far less than most offset printers'," says Julie Holcomb, who has run Julie Holcomb Printers in Emeryville...
You know how to pick a good stock, right? Read up on a company's products, listen to what the CEO has to say, figure out where the industry is headed. Well, that's rubbish and pure distraction, according to quants, a breed of computer-loving money managers, many of...
Quants (short for quantitative analysts) combine hundreds of data points--cash flow, earnings growth, inventory turnover, trades by company executives--for thousands of stocks into elaborate computer programs that then say to buy certain stocks and sell others. Which the quants do, unflinchingly. "The emotional element is one that we...