Word: growth
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Dates: during 1950-1959
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Thus, while the Program talks of "cramped quarters," it also assumes that the College must grow. Harvard, faced with the pressure for expansion and the need for deconversion, is trying to steer a moderate course of "gradual growth...
...century, when classes numbered only about 400 students, it was possible for an undergraduate to know at least a little bit about each person in his class, and in those days a class-wide election could have considerable meaning. As things stand at present, although one may regret the growth of the College into such a large, impersonal body, one can scarcely deny that the election of a symbolic leader for a Harvard Class is a rather meaningless proposition...
...broad and unwieldy after a decade of tremendous wartime and postwar growth. Cordiner split it into 27 autonomous divisions containing no small companies just the size "for one man to get his arms around." The head of each company is the boss, just as if he were running his own company. Within a loose framework of policy, he makes day-today decisions, sets his own budget, raises or lowers prices, sets up his own design and marketing policies, even makes capital expenditures...
Standard was then a slow-moving manufacturer of milk-bottle tops. Chandler assembled an able young management team, decided to point the company toward "convenience" living and disposable paper products. With a five-year growth map of what the market wanted, Chandler set about buying complementary companies, took in Sterling Products for its paper plates in 1956, Modern Packages for its flexible packaging material. In 1957 he added four box and label makers, last summer merged the Johnston Foil Mfg. Co., which laminated foil to paper. This year Chandler got his biggest acquisition: Eastern Corp. (1957 sales: $25 million), which...
...Growth. For the philosophy behind the acquisitions, Chandler always refers to his "growth map." Says he: "In the next ten years, domestic help will be almost nonexistent, and housewives wash an average of 150 dishes a day. Families are getting bigger, and more wives are working. The growth in convenience foods is going to be terrific. We're just at the beginning of the era." Chandler estimates that packaging in the food industry today is a $6 billion market; by 1965 he expects it to be $9.5 billion...