Word: managerized
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Big businesses have used sophisticated statistical software programs for years. But with the sizzling speed of new desktop computers, the calculations that used to take 10 Ph.D.s weeks to complete can be accomplished in a few minutes by a purchasing manager with a bachelor's degree. As a result, smaller...
Bob Howard knew his company had a problem when he found himself dreading the good times. His firm, Sioux Chief Manufacturing of Peculiar, Mo., makes water-hammer arresters, which stop pipes from clanging. When demand periodically surged, the 350-person company was overwhelmed trying to handle the workload. "We had...
Such incentive trusts are a hot topic in estate-planning circles, in which the issue of how to leave money behind without ruining your heirs is getting almost as much attention as tax planning. In Beyond the Grave, authors Gerald and Jeffrey Condon argue that incentives don't work. "True...
Weiss is booked three months in advance--and a quarter of his patients are men. Baltimore financial manager Adam Fein, 44, was not looking for cosmetic surgery when he wandered in with a wart on his foot. But six treatments later, his acne scars and spider veins are 90% gone...
The tiny Alpha Domus vineyard is far more casual?the manager even pours the samples himself from the back of an old shed?but the wines are even better. Although only a few kilometers from Trinity, the soil is richer and the wine correspondingly more fruity. Like many other wineries...