Word: corp
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Dates: during 1960-1969
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After graduation and admission to a state Bar, students receive appointments as Ensign in the Judge Advocate General's Corp of the Reserve. A six-year commitment is required, with four years of active duty...
...housewares, and agreed to acquire, pending stockholder approval, Akron Equipment Co., a tire-mold manufacturer. So far so good. But Burns had also urged that Cities Service buy out Hugoton Production Co., a Kansas-based producer of natural gas, and a uranium mining and processing firm called United Nuclear Corp. Both deals fell through, partly, it seems evident, because the Cities Service powers, whether right or wrong, were leery about committing too much money too fast to external expansion. The policy-difference became so deep that, once again, John Burns...
...McNamara, yet the two resemble each other in important respects. Caesar took over Rome by returning to the city at the head of an army that helped him consolidate power; McNamara became Defense Secretary at the head of a much smaller army of civilian experts from the RAND Corp., who helped him to fend off admirals and generals. Similarly, the original Henry Ford resembles Napoleon Bonaparte because both became so surrounded by yes men that they were unaware of structural problems. Howard Hughes is not unlike Charles I of England in the sense that each was the victim of inevitable...
Such similarities are the gist of a provocative book by English Author Antony Jay called Management and Machiavelli (Holt, Rinehart and Winston, Inc.; $4.95). Jay, a Cambridge-educated amateur historian, has an unabashed enthusiasm for Machiavelli. As a former television writer and editor for the British Broadcasting Corp. who has become an independent television consultant in London, he is fascinated by management. "The history of General Motors over the past 50 years," he says, "is far more important than the history of Switzerland or Holland." Mixing Machiavelli and management, Jay discovers some interesting and instructive corollaries between states and corporations...
...reformations "If a corporation suffers from a Luther," concludes Jay, "it should start looking for a Loyola." They should search for signs of stagnation and morbidity. Spain started going to pot under Philip II, but the death rattles of empire were not heard until much later. Singer Sewing Machine Corp was sinking the same way in the 1950s says Jay, until Donald Kircher moved in as president and began reviving it. Jay can find a historical analogy for almost everything about the modern corporation. "The boss's secretary," he observes, "can wield great power, like the king...