Word: hungering
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Dates: during 2000-2000
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...precisely this combination of decentralized structure and a desperate hunger for Wall Street-pleasing growth--especially necessary for a company whose balance sheet includes $17.8 billion of indebtedness--that propelled the sale to AOL. Time Warner's stuttering, stumbling, ill-managed attempts to score on the Internet (in which I and several of my Time Inc. bosses have participated) have foundered on the inability of the various divisions to work collaboratively and on the relentless bottom-line pressure that discouraged investment in the distant future when there was a quarterly target to meet...