Word: bosse
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Dates: during 1970-1979
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Associates find Carter to be a demanding boss but one who readily delegates authority. Says Rafshoon: "He doesn't get involved in details or try to do your work for you. He expects the best possible work; if he doesn't get it, he gets rid of you." Rarely does Carter lose his temper. When something goes wrong, says Rafshoon, "he becomes cold and methodical...
...many analysts of Soviet affairs believe that later, Grechko-bending with the diplomatic winds-did not oppose a relaxation of tensions with the West. In 1973, when détente had begun in earnest, Grechko was brought into the Politburo by Party Boss Leonid Brezhnev-a rare honor for any military man. Grechko's appointment was probably intended to reassure Moscow's hawkish factions, but observers believe that Grechko was all along a strong supporter of Brezhnev's policies, including détente...
...1960s, the job of heading the New York Stock Exchange was prosaic and long lasting. G. Keith Funston ran the Big Board for 16 years, from 1951 to 1967. But as reforms began eroding the "private club" nature of the largest and most important U.S. securities market, the boss's job has turned into a shaky one. Robert W. Haack, now chairman of Lockheed Aircraft Corp., was squeezed out after five years. Last week the climate of change proved too much for another Big Board chief. James J. Needham, chairman since 1972, resigned under pressure with two years...
...work out that way. The Big Board's boss must win the support of numerous, and sometimes quarreling, constituencies-the brokers who deal with the public and the specialists and floor traders who work inside the exchange. Needham had that support at first, but gradually lost it as his stands on crucial issues alienated one group after another. He would, in Don Quixote fashion, stand against reform long after almost everyone else had given up and prepared for the inevitable. On one occasion, Needham took a George Wallace-like vow to meet the SEC "on the courthouse steps...
...personnel costs. In certain jobs efficiency can suffer if a part-timer has to learn about a new policy or procedure that his "other half has already mastered. And when two people split a salary, each must reach the ceiling of $15,300 before the workers-and their boss-stop paying Social Security taxes...