Word: modell
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Dates: during 1990-1999
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That same model is applied today in international banking. And his vision has been playing out on a national scale for the past 20 years. Fittingly, the first bank in the U.S. to have branches coast to coast is that same Bank of America, which accomplished the feat just this year through its $48 billion merger with NationsBank of Charlotte...
...business school standards, Juan Trippe was not a model chief executive. He didn't delegate well. He made big deals without telling his top managers. He almost single-handedly built a world airline, Pan American, but often acted as if he owned the world. He also had a vision that would change it, at least as regards airline travel. While his Pan Am does not survive today, his vision does...
...there is a third view of Rozelle espoused by those who watched him work: he was an iron-willed tycoon who created the business model for all of professional sports. In addition, he figured out a way to make the NFL far more valuable than other sports, including the national pastime, baseball. Rozelle recognized that a sporting event was more than a game--it was a valuable piece of programming. Such media moguls as Ted Turner and Rupert Murdoch have used that strategy to build entire networks. Rozelle, however, did them one better. In the long-winded discussions about...
...slogan emblazoned on all those Wal-Mart trucks you see barreling down highways around the country: WE SELL FOR LESS, ALWAYS. Walton did not invent discount retailing, just as Henry Ford didn't invent the automobile. But just as Ford and his cars revolutionized America and its industrial model, Walton's extraordinary pursuit of discounting revolutionized the country and its service economy. Walton didn't merely alter the way much of America shopped; he changed the philosophy of much of American business, instigating the shift of power from manufacturer to consumer that has become prevalent in industry after industry...
BEST-SELLING AUTO Model T Ford (1,643,295 manufactured) PRICE $660 WORK REQUIRED TO BUY IT 7 MONTHS...