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Word: granquist (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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Usage:

...Office of Management and Budget's associate director Wayne Granquist, bravo for his ideas that would save $125 million a year, the result of "a conversation over a couple of Margaritas ten months ago" [June...

Author: /time Magazine | Title: Letters, Jun. 26, 1978 | 6/26/1978 | See Source »

...ideas grew out of a conversation over a couple of Margaritas ten months ago. Wayne Granquist, 42, OMB's associate director, was trying to talk his old friend Dick Cavanagh, 31, into leaving a consulting job at McKinsey & Co. and joining Government. What precisely would Cavanagh do? Granquist had a simple but dramatic way of showing him. Check your personal records, he told Cavanagh, and see how long it took the Internal Revenue Service to cash your quarterly income tax check. Cavanagh discovered to his astonishment that it had taken 22 days. Granquist had made his point, and soon...

Author: /time Magazine | Title: Business: Putting Uncle's Cash to Work | 6/5/1978 | See Source »

Cavanagh and Granquist, who is a former Norwalk, Conn., bank president, have moved quickly to improve these costly methods. Their biggest accomplishment so far: putting to work some $1.5 billion in taxpayers' money that was deposited without interest in banks around the country; on July 1, the U.S. will begin receiving $75 million interest annually on that cash. Other savings come mainly from cleaning up administrative procedures, speeding collections and controlling payouts...

Author: /time Magazine | Title: Business: Putting Uncle's Cash to Work | 6/5/1978 | See Source »

Cavanagh and Granquist have the blessing of President Carter; on one of their progress reports, he scribbled, "Keep it up!" The streamliners are not doing anything that would be unusual in private business. Says Cavanagh: "These are very standard procedures. The Government should manage its money as well as the taxpayers...

Author: /time Magazine | Title: Business: Putting Uncle's Cash to Work | 6/5/1978 | See Source »

Finally, the plan would encourage decentralization by permitting more decision making at the regional or agency level. Wayne Granquist, an official in the Office of Management and Budget who helped devise the plan, likes to cite the example of the forest ranger who is sent into the woods of Oregon for a wildlife census. Since he is in what is called a remote area, he is entitled to an extra $12 a week. But this modest increase in pay must be approved all the way up the line from district to regional to national headquarters of the U.S. Forest Service...

Author: /time Magazine | Title: Nation: The Battle over Bureaucracy | 3/6/1978 | See Source »

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