Word: ceos
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Dates: during 1990-1999
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...observes Jack Kyser, chief economist at the Los Angeles Economic Development Corp. Such signs also decorate the grocery stores, clothing boutiques and delicatessens filling strip malls across the continent. Not only are high sales creating many new jobs, but employee turnover is enormous. At these levels, says Mitchell Fromstein, CEO of Manpower Inc., the world's largest provider of temporary help, job experience, even the briefest exposure to hamburger flipping, is almost as sought after as a college degree in more skilled occupations. An employee who works a month or so at, say, a grocery-checkout counter and demonstrates...
Milwaukee-based Manpower Inc. offers free training in many skills to almost anyone who asks. The company, says CEO Fromstein, realized early that it could capitalize on the labor shortage by supplying clients with the trained and adaptable workers that the firms could not find on their own. Coopers & Lybrand is one of many employers "doing a lot more with internships," says James Lafond, a Washington-area managing partner. Internships offer training to young people while giving them and the company a chance to size one another...
Gucci has been on a much hillier path. After years of mismanagement by the Gucci family, the company finally went public in 1995, and its fortunes began to rise like hemlines. With the help of 36-year-old American designer Tom Ford, CEO and president Domenico De Sole transformed Gucci from the butt of jokes about men who wear loafers to a label both Seventh Avenue and Wall Street adore. (Ford's first famous look: velvet hiphuggers and a satin shirt.) Incontrovertible evidence of how far it has come: Helen Hunt wore Gucci to the Oscars this year...
...When I was walking on the stage for the photo op, Leonard Lauder [CEO of Estee Lauder] extended his hand and said, 'Congratulations. You deserved it.' It was like God coming down and saying, 'You made it,'" Borgnine said the next day after partying all night and returning to her office at 3:30 a.m. for a champagne toast with her staff. She compared her surprise victory to the Academy Award her husband Ernest Borgnine won for Best Actor in 1955. "When Ernie was up for Marty, the odds were against him. He had Frank Sinatra, James Cagney, Spencer Tracy...
...crisscrossing the state for media debates, Unz has made do with two paid staff members, getting his message across with radio rather than costly TV. Unz's opponents have spent $3.2 million to date, including $800,000 from teachers' unions and $1.5 million from A. Jerrold Perenchio, CEO of Univision, the nation's largest Spanish-language network, which has aired editorials four times a day to stymie...