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Wednesday, May 21, 2008

Methodist Hospital System


Methodist Hospital System is the tenth highest growth companies in the world. Its 1 year Revenues is $1,587(millions). Stephen L. Goeser Chief executive officer of Methodist Hospital system.
What makes it so great? Last year Methodist added a new program called "No One Dies Alone," in which employees volunteer time with terminal patients.
The Methodist Hospital corporation is a nonprofit health care organization based in Houston, Texas. It has extended the world-renowned clinical and service excellence of its founding entity, The Methodist Hospital, through a network of community based hospitals. Affiliated with the Texas Annual Conference of the United Methodist Church, The Methodist Hospital corporation works closely with local church leaders to bring compassion and spirituality to all of its endeavors and to help meet the health needs of the community it serves.
The Methodist Transplant Center was founded in July of 1984. The past perspectives of the Center are truly the foundation of its success.
When the first heart transplant in Texas, among the first in the country, was performed at The Methodist Hospital in 1968, it seized the public's imagination. Open-heart surgery itself was scarcely more than 20 years old, and the bold drama of transplantation offered hope to victims of end-stage heart failure. Well before the Methodist/Baylor team performed its first transplant, however, important groundwork had been laid that would support kidney, heart, and other organ transplant procedures.
By 1963, corneal and kidney transplants were being performed at Methodist. Between 1968 and 1969, twelve heart and two lung transplants were performed by the Baylor College of Medicine surgical teams.
Problems with rejection made overall survival rates unacceptably low, however, and a temporary pause in activity was placed on heart transplantation in 1970. Meanwhile, our ongoing corneal and kidney transplant programs continued, as did research begun in the 1960's on ventricular assist devices and the artificial heart.
By the early 1980's, better understanding of the immune system, advances in detecting rejection, and the introduction of the immunosuppressive drug cyclosporine provided the momentum to reconsider heart and other non-renal organ transplants. Physicians and surgeons also were encouraged by the successes of our kidney transplant program. So on February 22, 1984, after a 14 year hiatus, DeBakey again led a team that performed a successful heart transplant. Some members of this surgical team had participated in the first heart transplants as residents.
This new era of transplantation demanded a new approach to organ transplantation in general. A faculty and administrative committee from Methodist and Baylor recommended the creation of a transplant center for all organs, at that time a unique concept. The idea was to integrate existing islands of experience and expertise into a cohesive group that could successfully practice transplant medicine and surgery in an efficient, cost-effective manner without disrupting existing traditional departmental and sectional lines. The bottom line was teamwork.
The Methodist Transplant Center of The Methodist Hospital and Baylor College of Medicine was officially established in 1985, with support from the Cullen Trust for Health Care. Our comprehensive program includes heart (both heterotopic and orthotopic), heart-lung, single and double lung, liver, kidney, pancreas, cornea, and bone marrow transplants. The Center became affiliated with the DeBakey Heart Center to enhance active clinical and basic research programs. Additionally, our surgical team has expertise and experience in implanting total artificial hearts and a variety of ventricular support devices.
On August 6, 1987, we became the first Medicare-designated Heart Transplant Center in Texas and one of the first seven in the country. This designation recognized our experience and excellence in heart transplant medicine.
Today our success depends not only on worldwide medical advances but also on our own teamwork and network of institution-wide support. Our organization covers every aspect of patient care with fine-tuned resources. We rely heavily on a variety of social support systems, such as those provided by the Pastoral Care and Social Services departments. All of this allows us to work together for the benefit of the patient.
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Goldman Sachs


Goldman Sachs is the ninth highest growth companies in the world. Its 1 year Revenues is $37,700(millions). Lloyd Blankfein is the chief executive officer of Goldman Sachs.
What makes it so great? It was a rough year for Wall Street, but Goldman had record sales and profits. Comp and benefits rose 23% from the previous year,
to $20.19 billion.
Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.
Our activities are divided into three segments
Investment Banking
We provide a broad range of investment banking services to a diverse group of corporations, financial institutions, investment funds, governments and individuals.
Trading and Principal Investments
We facilitate client transactions with a diverse group of corporations, financial institutions, investment funds, governments and individuals and take proprietary positions through market making in, trading of and investing in fixed income and equity products, currencies, commodities and derivatives on these products. In addition, we engage in market-making and specialist activities on equities and options exchanges and clear client transactions on major stock, options and futures exchanges worldwide. In connection with our merchant banking and other investing activities, we make principal investments directly and through funds that we raise and manage.
Asset Management and Securities Services
We provide investment advisory and financial planning services and offer investment products (primarily through separately managed accounts and commingled vehicles, such as mutual funds and private investment funds) across all major asset classes to a diverse group of institutions and individuals worldwide and provide prime brokerage services, financing services and securities lending services to institutional clients, including hedge funds, mutual funds, pension funds and foundations, and to high-net-worth individuals worldwide.
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Tuesday, May 20, 2008

Qualcomm


Quqlcomm is the eigth highest growth companies in the world. Its 1 year Revenues is $7,256(millions). Dr. Paul E. Jacobs is the Chief Executive Officer of Qualcomm
What makes it so great? New employees get stock options and 100% health insurance coverage. The popular onsite primary-care clinic is quadrupling in size.
Qualcomm started out providing contract research and development services, with limited product manufacturing, for the wireless telecommunications market. One of the team's first goals was to develop a commercial product. This effort resulted in OmniTRACS®. Introduced in 1988, OmniTRACS is today the largest satellite-based commercial mobile system for the transportation industry.
That early success led the innovative company to take a daring departure from conventional wireless wisdom. In 1989, the Telecommunications Industry Association (TIA) endorsed a digital technology called Time Division Multiple Access (TDMA ). Just three months later, as the industry looked on in disbelief, Qualcomm introduced Code Division Multiple Access (CDMA ) technology for wireless and data products - changing the global face of wireless communications forever.
Today, Qualcomm's patent portfolio includes approximately 6,100 United States patents and patent applications for CDMA and related technologies. More than 130 telecommunications equipment manufacturers worldwide have licensed Qualcomm's essential CDMA patents. For more than 20 years, Qualcomm's visionary technology leadership has improved the way people communicate, work and live, one idea at a time.
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Starbucks


Starbucks is the seventh highest growth companies in the world. Its 1 year Revenues is $7,800(millions). Howard Schultz is the Chairman and Chief Executive Officer of Starbucks.
What makes it so great? Rapid expansion led to a difficult year, but the stock rose 9% on January news that founder Howard Schultz is taking over the CEO post.
Starbucks coffee history begins in Seattle in 1971, when three friends with a passion for fresh coffee, Jerry Baldwin, Zev Siegl and Gordon Bowker, opened a small shop and began selling fresh-roasted, gourmet coffee beans and brewing and roasting accessories.
In 1980 Zev Siegl sold out to pursue other ventures. By that time Starbucks was the largest roaster in Washington with six retail outlets. In 1981 the small coffee company caught the attention of Howard Schultz, a plastics salesman that noted the large quantity of plastic drip-brewing thermoses that they were buying from Hammarplast, the Swedish manufacturer that Shchultz represented here in the U.S.
In 1982 Starbucks coffee history was changed forever when Baldwin hired the energetic Schultz as the new head of marketing and shortly thereafter sent him to an international housewares show in Milan, Italy in 1983. Schultz found himself infatuated with the vibrant coffee culture of Italy. While in nearby Verona, Schultz had his first caffe’ latte’ and, as he observed the cafe patrons chatting and laughing joyously while sipping their coffees in the elegant surroundings, inspiration struck.
In what he describes as an epiphany, the idea hit him, "why not create community gathering places like the great coffee house of Italy in the United States?" he wondered. This idea would place Starbucks coffee history into the annuls of business journals for decades to come.
However, his idea was not well received by Baldwin as he wasn’t too keen on getting into the restaurant business and distracting him from his original plan of selling whole beans. But he did let him test a small espresso bar in the corner of one of the stores. It was an immediate success and Schultz branched out on his own and opened Il Giornale, a coffee house named after Italy’s largest newspaper, ‘The Daily’.
In 1987 Starbuck’s was up for sale and Schultz raised the $3.8 million by convincing investors of his vision, one hundred and twenty-five outlets in the next five years. Schultz modified the Starbuck’s bare-breasted mermaid logo into a more socially acceptable figure, changed the name of Il Giornale to Starbuck’s and converted the six existing Starbuck’s roasting shops into elegant, comfortable coffee houses. Starbucks coffee history was just was beginning to take shape.
Shultz exceeded his goal of one hundred and twenty-five stores in five years, in 1992 there were 165 cafes in operation. Today there are over 8,000 stores in 30 countries.
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Cisco Systems


Cisco system is the sixth highest growth companies in the world. Its 1 year Revenues is $28,500(millions). John T. Chambers Chairman and Chief Executive Officer of Cisco system.
What makes it so great? Though the stock flatlined in 2007, CEO John Chambers won praise for his leadership and his new blog, On My Mind, which solicits employee ideas.
With 34,000 employees, Cisco Systems was the world's largest manufacturer of routers and switches in the early 2000s. Both form an integral part of the networking technology used to connect users to the Internet. Roughly 80 percent of the firm's revenues stem from transactions completed on Cisco's Web site, which is considered to be one of the most successful business-to-business sites in the world. Although sales in 2001 grew 17.8 percent to $22.2 billion, Cisco posted a loss of more than $1 billion. Management blamed this on a steep drop in orders—fueled by cuts in spending, particularly in the telecommunications sector—which left the firm with high levels of inventory.
"Fifteen years ago we said we would change the way the world works, lives, plays and learns. Today, this company has the ability to understand and adapt to change, with a balance of leadership in four key customer segments. We have the courage to change, are setting the pace for change in our industry that’s never been seen before, and have the vision to take our customers into the future. We are truly redefining the industry, with the network becoming the platform for all communications and IT. What this really means is that we are the company that will enable all of life’s experiences, both personal and business, for the future."
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Genentech


Genentech is the fifth highest growth companies in the world. Its 1 year Revenues is $9,284(millions). D. Levinson, Ph.D.Chairman and Chief Executive Officer of Genentech.
What makes it so great?Legendarily perk-heavy biotech firm bumped up 401(k)match in 2007(100% up to 5% of pay).
Genentech was founded 30 years ago, in 1976, by the late venture capitalist Robert A. Swanson and the biochemist Dr. Herbert W. Boyer. In the early 1970s, Boyer and geneticist Stanley Cohen pioneered a new scientific field called recombinant DNA technology. Upon learning about this development, Swanson placed a call to Boyer and requested a meeting. Boyer agreed to give the young entrepreneur 10 minutes of his time. Swanson's enthusiasm for the technology and his faith in its commercial potential were contagious, and the meeting extended from 10 minutes to three hours; by its conclusion, Genentech was born. Though Swanson and Boyer faced skepticism from both the academic and business communities, they forged ahead with their idea.
The company's goal was to develop a new generation of therapeutics created from genetically engineered copies of naturally occurring molecules important in human health and disease. Within a few short years, Genentech scientists proved it was possible to make medicines by splicing genes into fast-growing bacteria that produced therapeutic proteins. Today Genentech continues to use genetic engineering techniques and advanced technologies to develop medicines that address significant unmet needs and provide clinical benefits to millions of patients worldwide.
• FORTUNE named Genentech one of the "100 Best Companies to Work For" for the tenth consecutive year. This year Genentech was number five on the list.
• Genentech received FDA approval for Herceptin as a singe agent, for the adjuvant treatment of HER2-overexpressing node-negative (ER/PR-negative or with one high risk feature) or node-positive breast cancer, following multi-modality anthracycline-based therapy.
• Genentech received FDA approval for its supplemental Biologics License Application (sBLA) to expand the label for Rituxan to treat adult patients with moderate-to-severe rheumatoid arthritis (RA) in combination with methotrexate (MTX) to slow the progression of structural damage.
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Edward Jones


Edward Jones is the fourth highest growth companies in the world. Its 1 year Revenues is $3,518(millions). Edward D. Jones Sr. founder of Edward Jones.
Mr. john W.Bechmann is the Chief Executive Officer of Edward Jones

What makes it so great? Some 70% of employees in the St. Louis home office got a 6.5% raise last year as the brokerage firm opened 1,000 new offices in the U.S.

WHAT MAKES IS DIFFERENT

You might think that what we offer at Edward Jones can be found at any other investment firm. But we like to believe that everything from our principles to our history makes us different from the rest.
Our Principles
Our firm was built on a foundation of principles that help guide us every day. Take a look at how these principles guide our investment decisions and client relationships.
Awards & Recognition
Our affiliate company, Edward Jones in the United States, has been ranked among the best advocates for our clients and has been named one of the top companies to work for. Learn more about what distinguishes Edward Jones.
Who Should Invest With Us
Our clients are serious investors. They aren't interested in gambling with their money, and would rather interact with an actual person instead of a call centre. Does this sound like you?
The innovative respect practices at Edward Jones begin with training: Employees receive a whopping 149 hours of training on average a year, more than three times the 100 Best average of 45. Development plans, management plans, executive MBAs, leadership opportunities, and a series of courses specifically designed for Edward Jones at Harvard, the London Business School, and the Peter F. Drucker Graduate School of Management at Claremont Graduate University all show the company's commitment to helping its people grow personally and professional. But Edward Jones doesn't just train people for the job they're doing. Management's philosophy is that employees who are passionate about their jobs will make the company a better place, so managers encourage people to develop skills even when they know the new skills will lead to a different job. This creates a healthier work environment and leads to a collaborative spirit, with everybody working for the overall company's goals rather than their department's goals. Recognition programs further enhance this spirit. "Diversification trips," for instance, are vacations to exotic locations that reward investment representatives. Tough times in 2001 showed the value of these practices: Edward Jones turned to its people to avoid layoffs and associates came up with solutions that saved more than $38.5 million.
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Wegmans Food Markets.


Wegmans Food Markets is the third highest growth companies in the world. Its 1 year Revenues is $4,119(millions). Robert B.Wegman is the currently Chief Executive Officer of wegmans food markets company.
What makes it so great? Shopping is theater at this family-owned 71-store chain. It was named the nation's top supermarket by the Food Network in 2007.
Robert B. Wegman, born in the days when people bought fruits and vegetables from pushcart peddlers, became one of the nation’s most influential and admired leaders in the supermarket industry. He built a successful chain of supermarkets based on the simple idea that it was essential to treat customers and employees right. As the company prospered and Wegman achieved personal success, he channeled dollars back into the community, especially in the area of education and services to youth.
A vigorous champion of new technology, Robert played a leading national role in bringing about one of the most fundamental changes in supermarket technology: development of the Universal Product Code. He also presided over a supermarket chain whose influence as a trendsetter helped improve service and selection throughout the industry. Wegman set his sights on creating a grocery chain that pushed the envelope in customer convenience.
It was, in fact, a speech that Robert Wegman wrote for a 1967 food industry conference in Thailand that became the framework for his company’s operating philosophy. It began: “I am a merchant and I have, therefore, my own philosophy about merchandising. That is: To do something that no one else is doing, and to be able to offer the customer a choice she doesn’t have at the moment.” Some 39 years later, Wegmans employees often refer to the “I am a merchant” speech.
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Quicken Loans


Quicken loans is the second highest growth companies in the world. Its 1 year revenues is $602(millions).William Emerson is the Chief Executive Officer of Quicken Loans, which is the largest online mortgage lender and one of the largest retail mortgage lenders in the U.S
What makes it so great? "Ethically driven" is what one employee calls the online mortgage lender. It avoided the subprime crisis by sticking with plain-vanilla loans.
Quicken Loans Inc. consists of Quicken Loans, the nation's largest online retail mortgage lender; Rock Financial, the company's southeast Michigan brand; One Reverse Mortgage, a provider of reverse mortgages; Title Source, Inc.; and In-House Realty.
The company, which employs nearly 4,000 people, closed $19 billion in home loans in 2007. Founded in 1985, the company soon became one of the largest independent mortgage banks in the country.
In May 1998, Rock Financial went public, launching a successful IPO underwritten by Bear Stearns.
Initially a brick and mortar lender, the company launched Rockloans.com in January 1999, which quickly positioned itself as one of the fastest growing online direct mortgage lenders on the Internet.
In January 2000, Intuit Inc. (makers of market leading software Quicken TurboTax® and Quicken) purchased Rock Financial. The company was renamed Quicken Loans, and is a leading provider of direct-to-consumer home loans on the Internet (quickenloans.com), offering mortgages in all 50 states from a centralized platform.
In 2002, Dan Gilbert announced he would lead a small group of private investors in purchasing the Quicken Loans subsidiary back from Intuit. The company has been privately held since that time.
The company is now ranked the nation's largest online retail home lender and 11th largest retail home lender overall by National Mortgage News, the trade publication that maintains industry data.
The company operates seven home lending centers in Michigan, Arizona, Ohio and California.
The company has also been ranked #1 on Computerworld Magazine's list of the "100 Best Places to Work in Technology" for three years and recently was named the 'Best and Brightest Company to Work for in Metro-Detroit' by the Michigan Business and Professional Association for the third time.
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Google

Google is the first highest growth companies in the world. Its 1 year revenues is $10,605(millions) Dr. Eric Schmidt helded that company's strategic planning, management and technology development as chairman and Chief Executive Officer of google.
What makes it so great? Back in our No. 1 spot, Google continued to mint millionaires as the stock cracked $700. The company gives stock options to 99% of employees.

Mr. Schmidt said that about his company growth

What does Google gain?

In most cases what I'm describing is distribution: they have a way of reaching customers that we do not on our own. And also the combination solves a new problem. So it wasn't particularly financial, although the financials are all good in these deals, it was really more reach; distribution. It was really strategic. My point is you don't just do partnerships to do partnerships. You do partnerships for a reason. We came to the conclusion that we needed this much bigger collection of companies. With more more coming, I think. I think it's reasonably well thought out for the company. It had not been a priority before, I think we were probably late to doing it, so we pursued it with great fury. It was really important.

What was the thinking in picking these particular partners?

Each of them represents a different strategic thrust. In Dell's case, if you look at the demographic of who they sell to, they're heavy Google users, so they were a logical big partner for software distribution for us. In the case of MySpace, it's generally well known that they are the breakout in social networks. Everybody's moving to MySpace, basically. And all the numbers say that their growth rate is much higher than anybody else's. They're much, much larger than the others. Intuit has something like 80% or 90% market share of the stage that they're in. Adobe has somewhere between 80% and 90% of their market space.

MTV was very clever. They wanted to be the launch partner for building the following: putting ads in front of their video content and jointly serving the resulting product off third-party sites, which is a huge distribution network for us. So you notice that each one of them is the leader in their category and wanted to do something that was really neat, really innovative from the standpoint of the end-user. Each of them solved a new problem.

Who do you see as your primary competitors at this point?

Well, today we compete with Yahoo all the time because they are the other company that has a targeted advertising network. And Microsoft continues to claim to enter the market, but we really haven't seen them yet, they're just getting started. I'm sure eventually Microsoft will be a competitor. So it's really those three companies, Google, Yahoo and Microsoft.

What about the smaller niche search engines and startups?

They seem to do well in their spaces. A good example is Ask.com. They're doing well, and they're also a partner. So, are they a competitor, yes, but they're also a big partner.

You recently joined Apple's board. What interests you about the company?

This is a personal thing. If you're a director, it's a personal commitment. Apple is an innovator in its own space. Apple is engaged in probably the most remarkable second act ever seen in technology. Its resurgence is simply phenomenal and extremely impressive.

Would you like to see more partnering between Google and Apple?

Well of course, but we're already partnered with them.

What's your process for planning strategy?

We say we run the company chaotically. We run it at the edge. But the truth is the company is pretty thoroughly planned financially. We have a three-year financial plan that we're submitting to the board. We have data center plans for 2007, 2008 and 2009. We modeled our financials, cash flow. And it's possible for us to predict reasonably accurate cases there. We have a one-year strategic plan, so we have a plan for 2007, about what we want to be next year. What are the markets we want to enter.

Is that part of the legendary list of 100 things Google wants to accomplish?

It's a little more formalized than that. We run the company by questions, not by answers. So in the strategy process we've so far formulated 30 questions that we have to answer. I'll give you an example: we have a lot of cash. What should we do with the cash? Another example of a question that we are debating right now is: we have this amazing product called AdSense for content, where we're monetizing the Web. If you're a publisher we run our ads against your content. It's phenomenal. How do we make that product produce better content, not just lots of content? An interesting question. How we do make sure that in the area of video, that high-quality video is also monetized? What are the next big breakthroughs in search? And the competitive questions: What do we do about the various products Microsoft is allegedly offering? You ask it as a question, rather than a pithy answer, and that stimulates conversation. Out of the conversation comes innovation. Innovation is not something that I just wake up one day and say 'I want to innovate.' I think you get a better innovative culture if you ask it as a question.

In what ways are all the new tech startups — the so-called Web 2.0 companies — changing the competitive landscape for Google?

Web 2.0 is a marketing term, and it's not a term that I use, but the underlying rationale technologically is correct, which is why it's really happening. The basic argument is, if you think about it: it would be better for you to have all the data and all the applications that you use on a server somewhere, and then whatever computer or device you're near you would be able to use. Let's say you have a PC or a Mac at home and at the office, and you have a BlackBerry and a portable and so forth and so on. You're constantly moving files around. What happens if you drop your ThinkPad and break it?

It's just a better model to have the computation and the applications use what we call a cloud, somewhere in the Internet. I, among other people, have been talking about this for 15 years, well before Google was founded. It turned out to be really hard to pull off. But now finally these broadband networks are fast enough that you can actually do it. You just don't need to always have everything on your local computer. So what I like about Web 2.0, as it's called, is that it's really the popularization of all this different technology. The other thing that's interesting about Web 2.0, as it's expressed, is that there's another way of making money, which is the advertising model.


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