Word: michael
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Dates: during 1990-1999
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...Computer Corp. has followed a particularly effective mix of policies. It originally prospered largely by cutting out the middleman and selling custom-built products directly to buyers. That strategy was probably old in the agora of ancient Athens, but it was new to the computer industry in 1983, when Michael Dell started selling hand-built PCs out of his dormitory room at the University of Texas. As it grew into a giant, Dell Computer insisted on keeping only a six-day inventory, vs. a six- to eight-week supply for most of its competitors. That not only lowered costs...
...board tends to attract some of Harvard's more famous graduates. The board's membership over the last three years has included actor John A. Lithgow '67, author Michael Crichton '64, possible Republican presidential candidate Elizabeth H. Dole and Vice President Al Gore...
...Michael D. Lemonick
...lastly, there is CEO Michael Eisner's ongoing battle with former studio boss Jeffrey Katzenberg. Hearings on exactly how much Disney owes Katzenberg continued last week. The decision could eventually cost several hundred million dollars. Says analyst David Londoner of Schroder & Co.: "It's a great company, but they're going through a soft period, and it's not obvious when they're going to come out of it." Better launch that stock soon...
...gotta eat, but what'll it be? Since Dad's a chef, the Baylis family of Tarrytown, N.Y., plans road trips around fun restaurants--for more on this delicious strategy, see Eat Your Way Across the U.S.A., by Jane and Michael Stern (Broadway Books; 1999). The Keenses, on the other hand, head for the salad bar at the nearest grocery store. Then there's the ham-sandwiches-in-the-cooler option. Whatever you choose, make sure there's plenty of it: in the words of one road hog, "If we ate as much at home as we eat on vacation...