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...Silicon Valley guys like to smirk, calling him the Wal-Mart of the tech world. But Michael Dell, 39, is having the last laugh. What started as a $1,000 investment, and was launched in his dorm room at the University of Texas, is today the world's No. 1 computer maker in market share, thanks to a relentless focus on selling direct to the consumer. First came desktops and notebooks, then servers and storage, and now printers and flat-screen TVs. The company racked up $41 billion in sales last year and wants to boost that to $80 billion...

Author: /time Magazine | Title: Michael Dell: From College Dorm to Tech Powerhouse | 4/26/2004 | See Source »

...runs Wal-Mart is fond of saying that no one can run the world's largest company, you have to lead it. To CEO H. Lee Scott Jr., 55, that means being a combination talk-show host and taskmaster. Business meetings take place in an auditorium where praise and criticism are meted out with wit and a steely determination to get things right. Like his predecessor, David Glass, Scott is a modest man with a ready supply of pungent remarks. He has been on the receiving end too, as Wal-Mart's critics harp about its low-wage jobs...

Author: /time Magazine | Title: Lee Scott: Walking in Mr. Sam's Footsteps | 4/26/2004 | See Source »

Think of Hangxiao Steel Structure Co. as a scout on China's economic front line. Its 200 workers in Anhui province rivet together prefabricated structures for factory assembly lines, which churn out goods for stores like Wal-Mart. A year ago business was so brisk that the company imported 70 workers from distant Shandong province to keep up with demand. But the mainland's torrid investment in everything from automobile plants to office high-rises to railroads has boosted the price the company pays for its main raw material, steel, by 24% in just four months. Yet the company hasn...

Author: /time Magazine | Title: Bubble, Bubble, Toil and Trouble | 4/19/2004 | See Source »

Bathroom Humor, by James Henderson, directed by Dave Poole, is about three Wal-Mart employees. Bertrand (Andy Riel), by dint of becoming the fastest checkout clerk on the Eastern seaboard, has been given the honor of making an inspirational speech, but before his speech he has gotten drunk and cloistered himself in the bathroom to vomit. He is encouraged by his co-worker Gary Girard (Kevin LaVelle) and tormented by the diabolical Stuart Steadfast (Greg Luzitano), who wants to steal his glory. Stuart’s momentary presence is the best part of this sequence; his cruel, demonic laughter...

Author: By Alexandra D. Hoffer, CRIMSON STAFF WRITER | Title: Review: Humor Redeems ‘Soapbox’ Sketches | 4/19/2004 | See Source »

...communal approach has helped him build the Philippines' equivalent of Wal-Mart Stores. SM Group is a retail giant, with 38,600 employees and annual revenues of $1.7 billion. Despite that success, Sy's children realize that the all-in-the-family management style is becoming outdated. Like so many of Asia's big business clans, a generational shift and the stresses of running an increasingly complex company are forcing the insular Sys to open up more to outsiders. "For my father, the organization is the family," says Sy's eldest daughter Teresita Sy-Coson, known as Tessie...

Author: /time Magazine | Title: Henry Sy, SM GROUP, Philippines | 4/19/2004 | See Source »

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