High Tech and Hope
India wakes up to a new economic reality
by Janice Endresen, MA'85
In just 15 years India has made the transition from an economy about to go bust to one neck-in-neck with China in its unprecedented rate of growth: India's GDP grew at 8.1 percent in 2005, and posted a growth rate of 8.9 percent for the first quarter of 2006-07.
With a middle-class population rivaling the entire population of the United States, India's spending power – and its appetite for consumer goods – is skyrocketing, too: Indian retail industry grew at a whopping 26 percent from 2002 to 2005.
But with infrastructure straining to meet demands, nearly two-thirds of the population scraping by on less than $1 a day – 80 percent live on less than $2 a day – and an adult literacy rate of 61 percent, India faces an uphill struggle to sustain its growing economy.
Is India up to the task? The unanimous response from Johnson School alumni in India is a resounding "yes!"
Solving the Energy Crisis One Small Step at a time
by Doug McInnis
Since the Arab oil embargo swept away the era of cheap energy more than three decades ago, America has groped for new, inexpensive ways to heat homes, fuel cars, and power the economy. Nothing has quite worked. Now, as the economy stutters over high-priced oil, a new vision of the future has begun to emerge – an energy solution based not on government programs or one magical new technology, but on thousands of small initiatives underway in the United States and throughout the world at large.
Across the Divide
Distributed teams span time and distance to get the job done
by Sharon Tregaskis
In 1999, NASA watched $125 million go up in flames when its Mars Climate Orbiter plunged through the Martian atmosphere, instead of entering into orbit around the Red Planet. The spacecraft – and its loss – was the product of a multi-year collaboration between Lockheed Martin Aeronautics in Colorado and the Jet Propulsion Laboratory in California. In its report investigating the failed mission, NASA assigned blame to project engineers who failed to convert English measures of rocket thrust – used by Lockheed Martin on some project components – to Newtons, the metric equivalent of a rocket thrust and the project standard used by JPL on other components of the satellite.
Profile in Leadership: Gaye Symington MBA '83 Speaker, Vermont House of Representatives
Communication: the Key to Collaboration
by Merrill Douglas
Gaye Symington first sought political office almost in spite of herself. She ran for the Vermont House of Representatives in 1996 because she was fired by a cause: she wanted to change the way her state financed its public schools. Her goal was to make sure students in all communities, rich and poor, had an equal shot at a good education.