Word: buts
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Maybe some snappy marketing ideas, but usually not many grand plans. Yet today Bud Grossman, neat and bland at 58, is the Minnesota Money Machine.
Necessity forces creativity, in Grossman's view. Necessity was the ultimate energy source that propelled him into leasing. The family auto dealership had branched out so widely in the early 1960s that Chevrolet would not grant it more franchises in greater Minneapolis. But Grossman figured out that he could...
So he launched General Leasing Co., later abridged to Gelco. It grew big because Grossman had a further idea: don't just lease vehicles but also manage them, keep computer records on when each one needs a lube job or a tire change, when to trade it in for...
Grossman hires young, hungry executives and believes in giving them the opportunity to fail. Only if they are willing to take chances, he feels, will they produce ideas. "I cannot ever remember telling a manager, 'Now, you can't do this.' Instead, I might say, 'If...
"But if he does," says Grossman, "he learns a whole lot. He also gains a certain confidence in the company because it backed him up. We have to be damn sure that we don't make anybody so scared that he will be afraid to float a suggestion or...