Word: agement
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Beyond that, Diebold's group is also examining ways of reshuffling top man agement to free up high executives to concentrate on public issues, many of which have a tremendous influence on profits. One way may be to separate the roles of chairman and chief executive. The chairman-Mr. Outside-would concentrate on anticipating the demands of society and Government. He (or she) would head a board with fewer corporate officers and more independent directors than is common today. The chief executive-Mr. Inside-would run the company. Already Mead Corp. and Connecticut General Insurance have moved in this...
...hired in 1962, at the age of 39, to turn the company around. "We do not like participative management, group management or committee man agement," he says. "We want individ ual accountability and responsibility...
...culturist and the old commercialist got together. Norton Simon Inc. announced that it had agreed to acquire Susskind's Manhat tan-based Talent Associates Ltd. as a wholly owned subsidiary. Although Si mon remains his conglomerate's biggest stockholder, he has left its active man agement largely to Chairman William E. McKenna, who engineered the Tal ent Associates acquisition as a way of expanding his firm's activities in the communications field. Through McCall Corp., Norton Simon Inc. already pub lishes McC all's magazine (circ. 8,500,000). McKenna looks to the new prop erty...
Most unions have their battle won when they get majority support. The state labor relations law requires man- agement to recognize a union which a majority of the workers in a shop have voted to authorize. But non-professional hospital workers are not covered...
...century England, and British working attitudes hardly seem to have changed since. Nowadays petulant, cosseted and truculent, British labor will down tools at the merest hint of any slight or insult. It will jealously defend a host of obsolete prerogatives and work practices that are the despair of man agement efforts at efficiency-and often of labor union leaders themselves. This year alone, Britain's auto industry, main stay of Prime Minister Harold Wilson's export push to bolster the sickly pound, has already been hit by 109 separate strikes equaling 645,000 lost work days- nearly every...