Exact(2)
Steven Mandis, a Goldman veteran turned academic, argues in a remarkable new book, "What Happened to Goldman Sachs?", that the firm's culture has been drifting for years.
But at least the company which had been drifting for years now has a story to tell - if only its executives can learn to put it into plain English.
Similar(58)
When Franco Tosi, a manufacturing company, tried opening an auto-parts operation in Legnano in northern Italy in 2001, it couldn't find enough workers to staff the 1,500-person 1,500-person though theffortomy had bevendrifthoughor several years, and huge crathe of supplieconomyunopened.
And the phenomenon also explains the age of many meteorites (as measured by cosmic ray exposure): they have been drifting for millions of years before entering the resonance gap, rather than quickly entering from nearby.
In three years he had recapitalised a business that was almost worthless on his arrival, restructured the British half of the firm, returning it to profit, and apparently healed the divisions between British and Dutch managers.Peugeot, for its part, was basically a sound company, but had been drifting for a few years.
When Marks & Spencer chairman Archie Norman took charge last year, he said that the struggling retailer had been "drifting" for more than 15 years.
Haunted by the inhabitants of the Overlook Hotel where he spent one horrific childhood year, Dan has been drifting for decades, desperate to shed his father's legacy of despair, alcoholism, and violence.
The Independent's sales have been drifting away for years.
Despite recent increases, coal's price has been drifting downward for years.
Brutal changes to employment and support allowance were botched so badly that a caseload, which had been drifting down for years, actually began growing again.
Brutal changes to their other main benefit, employment and support allowance, were botched so badly that the department ended up losing a breathtaking number of appeals, and a caseload which had been drifting down for years actually began growing again.
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Justyna Jupowicz-Kozak
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