Word: managerized
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A deeper question is whether Deng can bring himself, and lower officials, to free the market enough for it to work properly. Werner Gerich, 66, a West German manager who was hired to run a state-owned diesel-engine plant in Wuhan, found his factory, like many others in China...
However, private and collective enterprises, though they are growing rapidly, are still a relatively minor force. At last count, 10.6 million registered private businesses with sales of $8 billion employed 15 million workers, or 4.5% of China's nonfarm work force. Roughly 1.7 million collectives employ an additional 100 million...
In theory, it is the very model of a modern Marxist enterprise. Yugoslavia's clangorous Red Banner auto plant is located in a sprawling industrial park some 85 miles south of Belgrade. Inside a vast assembly hall, 16,000 workers turn out about 220,000 cars a year, including 55...
As a manager, Burr has a penchant for delivering sermons to his flock on how to do a better job. He zealously believes that his populist, everybody-is-important organization can make a better world, or at least a better kind of capitalism. Says William Hambrecht, a San Francisco financier...
He quit Texas International in January 1980 to start his own airline. "He's absolutely fearless," a member of People's board of directors observes. "He takes business risks that are unbelievable." As he assembled People Express in Newark, the new boss used Army-style screening tests to make sure...