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...worth much more than that to IFF and its clients. The company devotes 9% of its revenue, or $185 million a year, toward research and development, employing more than 100 scientists whose task is not just to brew up new smells and flavors but also to rethink how smells and flavors are embedded in products. That investment is a sunk cost for fragrance companies; they get paid only when a manufacturer buys the finished product as an ingredient. So IFF makes money on volume. A sodamaker, for example, would buy vats of flavoring for every batch of a popular drink...

Author: /time Magazine | Title: The Smell of Competition | 5/3/2007 | See Source »

Kaufmann, an architect who specializes in sustainable design, soon realized that Blurb could help transform her business. Impressed with the quality of the finished product, she turned to a more important task: a book that would feature the work of Michelle Kaufmann Designs, the Bay Area firm she founded in 2003. She had been approached by conventional publishers in the past, but as a small business, she didn't want to wait years to accommodate publishing's long lead times. "I thought, This is the book we've been wanting to do," she says. She spent two months pulling together...

Author: /time Magazine | Title: Don't Call It Vanity Press | 5/3/2007 | See Source »

...Such a framework would make it easier for students to take courses in Harvard Schools other than their own, as well as at MIT. It would also facilitate more teaching across Faculty lines, an objective recently endorsed by the University Planning Committee on Science and Engineering and the FAS Task Force on General Education. Students would finish fall term exams before winter vacation, allowing for a longer and less stressful break -- an advantage recently emphasized by the Undergraduate Council and reinforced in a letter to me by the Director of the University Health Services. In addition, students would finish...

Author: NO WRITER ATTRIBUTED | Title: Bok's Letter to the Harvard Community | 5/3/2007 | See Source »

Though the signatories to the final agreement will be Harvard and the BRA, the Harvard-Allston Task Force, a committee of local residents, met last week to compile a table of goals and proposals for short-, medium-, and long-term projects that Harvard could undertake to benefit the community...

Author: By The Crimson Staff | Title: The Best Benefits | 5/3/2007 | See Source »

...their concern—Harvard is not, and should not function as a philanthropic organization or a proxy city government. The matrix, however, is not a list of demands but rather a compilation of all the ideas that have been put forward up to this point, according to the task force’s chair Ray Mellone...

Author: By The Crimson Staff | Title: The Best Benefits | 5/3/2007 | See Source »

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