Word: arjay
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...value. It should be remembered that Ford Motor Co. was foundering when Henry Ford died, and it was left to his grandson Henry Ford II to revive the company after World War II with the help of a group of button-down managers, the "Whiz Kids," including Robert McNamara, Arjay Miller and Charles Thornton. Similarly, Walt Disney wouldn't be so well thought of today had Michael Eisner not saved the company and its founder's name in the 14 years that he has run the company...
...rescued the legacy. He played down his grandfather's antics, and he made amends with the Jewish business community that Henry Ford had alienated so much with the racist attacks that are now a matter of historical record. Henry II encouraged the "whiz kids" like Robert McNamara and Arjay Miller to modernize management, which put the company back on track. Ford was the first company to get a car out after the war, and it was the only company that had a real base overseas. In fact, one of the reasons that Ford is so competitive today is that from...
...accepted an offer made by a brash team of former Air Force officers and signed them up in a package deal. He gave them salaries that were princely at the time, ranging from $9,000 to $16,000. Among the ten Whiz Kids, as they were called: McNamara and Arjay Miller, both of whom later became Ford presidents. Henry raided GM for the man to head the new team, Ernest Breech, possibly the best production chief in the U.S. at the time...
...boards of directors at some companies was once a pleasant, undemanding hobby for business biggies. The directorships offered short hours, fine camaraderie, handsome pay and hardly any tough decisions. "Sitting on a board as little as 15 years ago was almost like going to a men's club," says Arjay Miller, former president of Ford and the current director of nine companies. "The chairman put his buddies on the board...
...Stanford, where the curriculum ranges over the exotica of high finance, the class on power and politics in organizations devoted a session to the case of Mary Cunningham, the celebrated alumna of Harvard and Bendix who is now a vice president at Seagram. Perhaps because of former Dean Arjay Miller's long experience at Ford, Stanford tries particularly hard to blend the academic and the commercial. After learning that its students' writing ability was, as Business School Dean Rene McPherson said, "shockingly bad," it began to evaluate students' papers for prose style and to have oral presentations...