Word: ownerships
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Dates: during 2000-2009
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...half - in order to challenge staff allegiances to that old idea of Guinness as a paternalistic employer. At first, "they were prouder about the product than about their performance," Williams says. After 18 months, employees feel less automatic allegiance to the iconic black pints of stout, and instead "feel ownership of the brewery itself." He credits Varian with "one of the major [organizational] changes in Western Europe in recent years." Diageo clearly thinks the investment is worth it. Paul Walsh, who became Diageo ceo in 2000, is best known for dumping its Burger King holdings, but he kept Guinness because...
Laying forth his vision for a second term in office, the president said he would promote an “ownership society” by reforming social security, expanding access to health care and making his tax cuts permanent...
...style friendly negotiations in the boardroom with the [Ministry of Finance] patting them on the back," says Stephen Givens, a corporate lawyer in Tokyo. The change has been encouraged by corporate reforms that over the past several years have eroded Japan Inc.'s favorite protective mechanism: the extensive cross-ownership of shares among affiliated companies, a practice that makes it easier for insiders to repel outsiders and maintain control. There has been a corresponding rise in the prominence and power of independent investors who care more about returns than stability?and they are becoming increasingly vocal. UFJ, for example...
...going, and that is how the twig is bent around here. The dad has little to say about it. Fate is everything. Thanks to a dog that jumped on her when she was 3, she is terrified of dogs, and thus are we spared the curse of dog ownership...
Last year President George Bush signed a bill limiting interstate trafficking of large predators. Only 20 states ban private ownership of big cats outright. With as many as 7,000 pet tigers thought to be living in the U.S., it is certain that at least some of them will cross paths with humans again. --By Jeffrey Kluger