Business & Industry

Management Lessons from Mayo Clinic: Inside One of the World's Most Admired Service Organizations

The Mayo Clinic earns over $6 billion a year and has become one of America's most successful hospitals. In Management Lessons from Mayo Clinic, the authors reveal the secrets to running not only a successful hospital, but a successful business. FROM THE PUBLISHER The first inside look at one of the world's most admired organizations, and the management practices that have made it great With...

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Business & Industry

Energy Costs Where it Really Hurts

As if health care prices weren't high enough, today's historically high oil prices and rising inflation are having a sizable impact on medical manufacturers, suppliers, distributors and, of course, patients. Rising energy costs are having major expected and unexpected effects on nearly every sector of the economy. With petroleum and gasoline prices at all-time highs, these costs are particularly...

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Business & Industry

2010 to Bring Major Changes for Medical Device Makers

If your company manufactures medical devices, particularly for the European market, a new medical-device directive could change your business dramatically 16 months from now. Last September, a new medical-device directive called 2007/47/EC was approved, clarifying and updating the current medical-device directive (MDD) and active implantable medical devices directive (AIMD). The new directive,...

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Business & Industry

Is Your Workplace Making You Sick?

Despite a recent noticeable shift toward promoting healthy workplaces, there remain plenty of opportunities for your job to make you sick. Everyday workplace activities can pose unseen risks to your health. In the United States alone, almost 70 percent of the workforce works in indoor office settings, according to the National Institute for Occupational Safety and Health (NIOSH). And over the...

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Business & Industry

Weekly Industry Crib Sheet: President Signs on the Dotted Line for Housing...

... More Bad News for Automakers, U.S. and Eurozone Manufacturing Update, Higher Job Losses Coincide with Higher Productivity and MORE. Follow-up: Fannie and Freddie Get Government Boost As expected, President Bush last week signed a housing bill intended to rescue about 15 percent of the cash-strapped homeowners in fear of foreclosure in the next year or so, according to the Associated Press....

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Business & Industry

Light Friday: A Rise-and-Shine-to-Bacon Alarm...

...Understanding Pain and Ancient Wit. Plus: This isn't how a jet pack is supposed to look, is it? Tracing the World's Oldest Joke A new University of Wolverhampton research project reveals that a gag about a woman passing gas is the world's oldest witticism. The ancient Sumerian proverb, which dates back to 1900 BC, goes: Something which has never occurred since time immemorial; a young woman...

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Business & Industry

China Trade Gap's Impact on American Jobs

The increasing U.S. trade deficit with China resulted in the loss of 2.3 million American jobs between 2001 and 2007, including 366,000 last year, according to a new study by the Economic Policy Institute. Manufacturing lost 200,000 scientist and engineer jobs, a 10.7 percent drop. The United States' increasing trade deficit with China resulted in a loss of 2.3 million American jobs between 2001...

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Business & Industry

Manufacturers to Compete in the 2008 Summer Games

With the 2008 Olympic Games around the corner, manufacturers are making sure their products also have what it takes to compete. Consumer Goods Technology recently published an interesting feature that discusses how companies like Coca-Cola, Hershey, Nike and Ralph Lauren are turning their red, white and blue into green. The Coca-Cola Company, a sponsor of the Olympics for 80 years, is producing...

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Business & Industry

Pay Raises Remain Steady as Economy Drops

A new survey finds U.S. employers keeping pay raises steady for the coming year. Of course, it's probably too soon for American workers to rejoice. Despite the economic downturn, most employers in the United States still plan to hand out decent pay raises next year, according to a new survey by global consulting firm Watson Wyatt Worldwide. The survey, which will be published later this year,...

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Business & Industry

Weekly Industry Crib Sheet: Housing Bailout Awaits President's Signature...

...Plus a whole lot more this week, including Metals Production and Shipments, U.S. and UK Factory Orders, Global Automobile and Aircraft Sales, Railroad Earnings and MORE. Fannie and Freddie Get Boost from Senate Congress sent President George W. Bush legislation on Saturday designed to help homeowners avoid foreclosure, spur home buying and prop up struggling mortgage giants Fannie Mae and...

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