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...heavy pressure on the Soviet Union to keep up. Moscow was vulnerable because the Soviet economy was decaying badly, and its leadership was nearly paralyzed. Only in 1985, after three Kremlin funerals in three years, did a leader, Mikhail Gorbachev, emerge who was realistic and vigorous enough to attempt drastic reforms...

Author: /time Magazine | Title: 1980-1989 Comeback: A Tectonic Shift | 3/9/1998 | See Source »

When a company such as Reader's Digest performs so poorly for so long, shareholders usually revolt, forcing directors to make drastic changes. But in Digest's case, the board, which is supposed to be independent, is in the grip of the CEO. That would be George Grune, 68, who because of an unusual stock arrangement holds sway over enough voting shares to remove every Reader's Digest director. Grune's power source is his role as chairman of two charitable funds established by the company's childless founders, DeWitt and Lila Wallace, who died in 1981 and 1984, respectively...

Author: /time Magazine | Title: A Sad Story at the Digest | 3/2/1998 | See Source »

...most drastic difference between her experiences in Washington to Cambridge, Burke admits, relates to the pace of decision-making...

Author: By Jacqueline A. Newmyer, CRIMSON STAFF WRITER | Title: Burke Uses Washington Experience at K-School | 2/19/1998 | See Source »

...columnist for the Moscow Times (one of two English-language dailies in the city) wrote after a year's leave of absence that "in just one year, Moscow has moved from the grimy, chaotic, Kafkaesque city to a slick, sleek, world-class business capital." As an example of this drastic difference, one study-abroad program's information booklet--published only a year ago--tells its American students that they can avoid being "pegged quickly as an American" by wearing inconspicuous non-brand name American clothing. However, Karen Bradbury, a coordinator of the program, said that this information is already...

Author: By Marshall I. Lewy, | Title: From Russia With Love | 2/19/1998 | See Source »

...said the University strives to avoid drastic changes to the total amount of annual endowment payout, relying instead on steady increases in payout to reflect the rising value of the endowment...

Author: NO WRITER ATTRIBUTED | Title: Harvard Financial Report Reveals Strong Fiscal Standing | 2/12/1998 | See Source »

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