Word: borg
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...management-led leveraged buyout in 1987 by Borg-Warner has put tremendous pressure on Burns' middle managers to produce revenue. Former employees say president Rodger Comstock's intimidating management style and the firm's alleged habit of breaking bonus promises have contributed to an exodus of managers, forcing Burns to recruit and train new ones, sometimes at the expense of clients' needs...
Such criticism is vigorously disputed by Charles Schneider, head of Borg- Warner's Baker Industries, which controls Burns as well as fourth-ranked Wells Fargo. He calls Baker "the best security-guard company in the world." Burns does provide high-quality service at roughly one-third of the nation's - nuclear power plants, where government screening and training standards are extremely rigorous. But the company's basic, lower-paid guard forces are another story...
...opposed Nicholas felt that they needed to ensure that if Ross died, Nicholas would not succeed him. But a number of other insiders say the move would have been made months earlier had it not been for Ross's illness. One crystallizing factor, apparently, was the death of Borg-Warner chairman James F. Bere, a longtime member of the Time Inc. board who remained a director after the merger. With the so-called Time faction reduced by one, this theory goes, Ross and Levin knew that they could count on support from a majority of the board...
Christopher Columbus, hero of 1492, came under attack as a ruthless invader. A bad year, all in all, for dead white males . . . And some live ones: Mark Spitz and Bjorn Borg hoped to relive their heydays but found it takes more than high self-esteem to be a world-class athlete . . . The 1970s were the years that taste forgot. Why celebrate platform shoes and Partridge Family LPs? Keep them in the attic where they belong...
Still, are most comebacks simply arena addiction? Not in Borg's case. He seems to be back now because he needs the money. But the others? Publicity is, of course, a renewable resource, but did Hall of Fame pitcher Jim Palmer really gain any bankable ink this spring by trying a comeback with the Baltimore Orioles at age 45? Palmer made the right jokes but not the right pitches. He was stopped almost instantly by a torn hamstring. Doesn't he look a little silly...