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" ... In parallel to the fundraising, Bellemare tightened operations and slashed costs. Rail was a prime target: It was a collection of unintegrated businesses cobbled together through acquisitions around the world. With the new rail chief, Laurent Troger, Bellemare quickly fired 7,700 people, slashed the number of suppliers from 10,000 to 4,500 and ended production of duplicate products in different countries. Sensing that the business-jet market was softening, he cut production from about 200 planes in 2015 to 138 in 2017. The Learjet 85 was canceled at a loss of $2.6 billion and the Global 7000 was delayed until late 2018. ... "
" ... I’m intrigued by the similarities between this kind of psychological analysis and certain creative analytic functions in business and investing. Both involve scanning vast data sets and seeing patterns and anomalies emerge from what first looks like an unintegrated and meaningless overload of data points. ... "
" ... Weise: The global pandemic laid bare how fragile our multiple, fragmented systems of K–12 education, postsecondary education, and workforce training are. Siloed and unintegrated, our systems had long neglected millions of people looking to access the relevant information, funding, advising, support, and skills training they need in order to advance. And when Covid-19 hit, it became all too clear that our systems of learning and work were not equipped to skill up and transition large numbers of workers to jobs that are in demand. ... "
" ... Young and unintegrated, needs a year or two to come together but then will be a seriously sophisticated Chardonnay. Second glass was much improved, the wine opening up beautifully. ... "