Word: america
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
John Huey, managing editor of FORTUNE, co-wrote Sam Walton: Made in America...
...great delight, Walton spent much of his career largely unnoticed by the public or the press. In fact, hardly anyone had ever heard of him when, in 1985, Forbes magazine determined that his 39% ownership of Wal-Mart's stock made him the richest man in America. After that, the first wave of attention focused on Walton as populist retailer: his preference for pickup trucks over limos and for the company of bird dogs over that of investment bankers. His extraordinary charisma had motivated hundreds of thousands of employees to believe in what Wal-Mart could accomplish, and many...
...Mart's influence grew, however, and passed that of competitors K Mart and Sears, Walton began to be villainized by some, especially beleaguered small-town merchants. They rallied a nostalgic national press, which--from its perch in Manhattan--waxed eloquent on the lost graces of small-town America, blaming that loss squarely on Sam Walton...
...town merchant. And he had seen the future. He had chosen to eat rather than be eaten. And anyway, he believed that small-town merchants could compete--if they would make major changes to adapt. As it turned out, of course, the consumer voted heavily with Walton. He gave America what it really wanted--low prices every...
...postwar America of the 1950s and '60s democratized middle-classness, Gates has democratized filthy-richness--or has at least started to. Get the right job offer from Microsoft, work hard, get rich; no miracle required. Key Microsoft employees pushed Gates in this direction, but he was willing to go, and the industry followed. The Gates Road to Wealth is still a one-laner, and traffic is limited. But the idea that a successful corporation should enrich not merely its executives and big stockholders but also a fair number of ordinary line employees is (although not unique to Microsoft) potentially revolutionary...