Word: pyramidal
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Dates: during 2000-2009
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...will pay you. In this market, prices go up when people believe they will continue to go up. To restore confidence would mean restoring belief in the greater fool. That shouldn't be hard. It's built into human nature. This is why another term for a Ponzi or pyramid scheme is a confidence trick...
...green message gets broadcast in a variety of ways: at Claremont-McKenna College in California, students erected a giant Pyramid of Waste - a stack of Styrofoam to-go containers - designed to encourage students to eat in. "Fundamentally, I think consumers have to understand that some of the responsibility lies with them to create less waste," says Helene York, director of Bon Appétit Management, a company that has been dedicated to sustainable food initiatives at colleges nationwide since 1999. "If we create less waste, we don't even have to consider a need for back-end technologies [like...
...What's Been Missed As C.K. Prahalad shows in his book The Fortune at the Bottom of the Pyramid, there are markets all over the world that businesses have missed. One study found that the poorest two-thirds of the world's population has some $5 trillion in purchasing power. A key reason market forces are slow to make an impact in developing countries is that we don't spend enough time studying the needs of those markets. I should know: I saw it happen at Microsoft. For many years, Microsoft has used corporate philanthropy to bring technology to people...
...convened an impressive group: chairman and CEO of Ogilvy & Mather Worldwide Shelly Lazarus; founder and CEO of Whole Foods John Mackey; president of the International Center for Research on Women Geeta Rao Gupta; and University of Michigan professor C.K. Prahalad, whose book The Fortune at the Bottom of the Pyramid was a key influence on Bill's thinking. Each of them has a distinctive and provocative point of view. You can watch and listen to the roundtable at time.com/creativecapitalists and watch my brief Q&A with Bill on time.com/gatesspeaks...
...Victory of Samothrace. There, seated at two long, mirrored tables and surrounded by 2,000-year-old statues of Roman Emperors, the guests dined on asparagus soufflé and veal noisettes before moving on to a charity auction and a Duran Duran concert held under the Louvre's landmark glass pyramid. The evening raised $2.7 million...