Word: builder
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Dates: during 1980-1989
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...persevered, and is now the world's dominant engine builder by a commanding margin. Last year GE captured an estimated 63% of the market, compared with 27% for Pratt & Whitney and 10% for Rolls-Royce. The company's success is a classic lesson in the value of patience and persistence, as the design of a new jet engine is a devilishly long-term process that can consume at least five years and more than $1 billion. GE took a more astute aim at the aircraft market of the future, while Pratt & Whitney failed to develop a full range of quieter...
...CFM56 has no real rival, because Pratt & Whitney scuttled its plans to build a similar model. The engine builder, a division of Connecticut's United Technologies, cut development plans in the 1970s under the parent company's acquisitive chairman, Harry Gray. "Instead of building this engine, Gray * bought Otis Elevator. It was a monstrous mistake," says Wolfgang Demisch, who follows the industry for the Union Bank of Switzerland. The company later suffered "a market-share erosion as severe as any I can bring to mind," said Demisch...
...effort to narrow the passion gap. At Serb Hall in Milwaukee, Dukakis unveiled the architecture of his revamped message. "I don't want to be known as the Great Communicator," he declared with little fear of being challenged on this prophecy. "I want to be known as a Great Builder." It is a clunky but apt moniker for a candidate who remains closer in spirit to Robert Moses than to Robert Kennedy. "People are maybe less interested in charisma and a lot more interested in somebody who can go in there and really provide the kind of presidential leadership...
...King all his days). Yet Operation Breadbasket, that orphaned program, was expanded into Operation PUSH, and that turned into the "rainbow coalition," which became the 1984 campaign and has led on to Jackson's strong showing in the current presidential race. The argument that Jackson is not a builder masks the fact that he has found new ways to build a movement, going beyond the civil rights organizations (which, in their day, departed from older political structures...
...have dismissed buppies as "irrelevant to the struggle." Not anymore. "Black businessmen are not apologizing for what they have and what they have achieved. They are saying, 'We might own our own big cars and houses, but like you, we really don't own the freedom we all want.' " Builder Mahlalelae agrees that there has been a "change in attitude" among the young radicals. "Now," he explains, "they are not trying to intimidate me because I have a business and I am making money. They're saying, 'This is black money coming back home...