Word: packards
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...list includes Johnson & Johnson as well as Procter & Gamble in consumer goods; Digital Equipment, Hewlett-Packard, IBM and Emerson Electric in high technology; Delta Air Lines and McDonald's in services; and Caterpillar, Dana and 3M in a catchall category called "general industrial." Those companies were singled out not only because of their solid financial performance over the long haul (20 years or more) but also because of other qualities, especially the ability to innovate. The excellent companies, say the authors, "fawn" on their customers and learn from them. The best managers value action above all else, a spirit...
...overseas. After his discharge, his engineering degree in hand, he became a company man in his company town: he took an engineering job with Chrysler. At 27, armed with a night-school master's degree in engineering from the Chrysler Institute, he switched companies to design transmissions for the Packard Motor Car Co. Shortly he was in charge of all research and development for Packard. He picked up a second night-school master's, this one in business from the University of Michigan, and moved to GM as the director of Pontiac's new "advanced engineering" department...
...present, joint education projects are sponsored by only a few computer and high-technology firms, including AT&T, Bell Telephone Labs, General Electric, RCA and Wang, and even fewer universities, notably Stanford. The computer and electronics firm Hewlett-Packard in Palo Alto, Calif, encourages its engineers to take six course hours a week on the firm's time. Says President John Young, "Sure, we lose six hours a week, but in exchange our engineers usually manage to get their job done, and the new knowledge they get from the course will inevitably help." Of course, continuing education for engineers...
...turned 17 last week, Brooke, the lovely duckling, has clearly grown into a long, lean swan. Later this year she embarks on Sahara, another splendor-in-the-sand epic in which she will play, for the first time, a woman. In the film, Brooke winds up racing a 1928 Packard in a trans-Sahara race. Will she bring her black-tie bathing suit? That was just for show. Personally, she prefers the informality of a well-worn Speedo...
Japanese firms, with their knack for producing well-made electronics products at a low price, are already overtaking U.S. manufacturers in some segments of the computer market. Japanese-made semiconductors are installed at the heart of many U.S. machines. IBM, Xerox and Hewlett-Packard all distribute Japanese-made Epson printers under their own labels to go with their personal computers. Experts estimate that up to 90% of American-built computers are now sold with either Japanese printers or monitors...