Word: boozings
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...senior partner in the management consultant firm of Booz. Allen & Hamilton, John Lawrence Burns, 48. got a reputation for being able to get quickly to the heart of a corporate problem-and solve it. One of his chief clients was Radio Corp. of America, which Burns has advised for the last ten years. Last week RCA used Burns to solve a major problem: where to find a younger president with broad experience and knowledge of the corporation. The new president: Burns. He will succeed President Frank Folsom, 62, who will become chairman of the executive committee...
...Manhattan, a rare species of old bottle was put on permanent display in an American glassmaking exhibit of the New York Historical Society. Its embossed inscription: "E. C. Booz's Old Cabin Whiskey." With a new spot in the public's eye, the cabin-shaped vessel, its neck resembling a chimney, was likely to further the popular misconception that E.C.'s surname spawned the most common synonym for strong spirits...
Room at the Top. Chicago management consultants Booz, Allen & Hamilton queried 65 corporations, found that U.S. executives are now seven years older (average age: 54) than their 1929 counterparts. Other findings: average age of corporation presidents is 59 today v. 53 in 1929; senior officers now average 55, compared with 48 in 1929; junior officers average 52, compared with 46. The firm's conclusion: replacements, which were slowed down by the war, will probably be rapid in the next five to ten years...
Over in their graves whirled many dead educators recently when a remarkable criticism was leveled at the University of Illinois: "The driving force of the profit motive which characterizes American industry is lacking." This was the opinion of the Chicago firm of Booz, Fry, Allen & Hamilton, business analysts, who had been hired (for $20,000) by the Illinois Board of Trustees to look over the university...
...fisherman (past president of the Izaac Walton League); and Mrs. August Belmont, Manhattan dowager. They expect, as does he, that he will soon know enough facts to purge the Red Cross of inconsequential expenses and personnel, to balance its budget, regain popular esteem. Conducting the actual investigation: Edwin G. Booz Surveys of Chicago...