Word: managerized
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How efficient are they? With its pioneering continuous-slab casting process, Steel Dynamics produces flat-rolled sheet coils for $50 to $100 less per ton than its integrated competitors. Last year output per employee was $1.1 million, vs. about $254,000 at Bethlehem. "A lot of high-tech companies don...
Farguell, 46, general manager of Futbol Club Barcelona, has made a three-year pact with the National Football League to help buoy the popularity of U.S. football in Europe and European soccer in the U.S. His soccer team will play exhibition games in NFL stadiums, and the Barcelona Dragons, part...
But no matter how exciting the on-court action, China's professional basketball league is leaving its best game in the locker room and shooting air balls in the boardroom. Seven years after it was sanctioned by Beijing, the CBA remains a profitless enterprise full of disgruntled players and frustrated...
Meanwhile, team owners say under the current system they feel more like sharecroppers than entrepreneurs. They want a bigger piece of the action. "The reason we have so many conflicts is because the CBA doesn't treat us as partners, they treat us as something they own," explains Li Yaomin...
Even Xin's critics credit him with helping to develop the sport through initiatives such as this year's founding of the women's professional league, the WCBA. And his point about mismanagement is right on the mark. Most team owners are neophytes when it comes to running a sports...