Word: procter
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...three-day Easter holiday were also to blame. The bond market benefitted from those fears, with yields on 30-year Treasury bonds hitting 7.06 percent, up from 6.98 percent late Wednesday. Key victims of the frenzied sell-off included heavy weights Allied Signal, 3M, Exxon, Coca-Cola and Procter &Gamble. The dollar, meanwhile, also suffered, taking a slight dive to close at 123.48 yen and 1.6898 marks...
When Microsoft began to grow in 1980, Gates needed a smart nontechie to help run things, and he lured Ballmer, who had worked for Procter & Gamble, to Seattle as an equity partner. Though he can be coldly impersonal in making business decisions, Gates has an emotional loyalty to a few old friends. "I always knew I would have close business associates like Ballmer and several of the other top people at Microsoft, and that we would stick together and grow together no matter what happened," he says. "I didn't know that because of some analysis. I just decided early...
Despite the bravado, Branson is as traditional as high tea when it comes to the most critical asset of the company: the brand. He absolutely believes in the power of brands, much the way that Procter & Gamble or Coke does. This belief is at the core of the empire, and the reason the Virgin name has been extended to businesses as different as vodka and insurance. Says he: "Consumers understand that all the values that apply to one product--good service, style, quality, value and fair dealing--apply to the others." That's why dozens of companies have...
...would you go about it as opposed to how you are doing it now? The answers set in motion a revolution the likes of which hadn't been seen since Henry Ford introduced the assembly line. Like most revolutions, this one has been extremely messy. Such huge firms as Procter & Gamble, Xerox and American Standard have successfully taken a Hammer to their structures...
...encouraging to see companies praised for treating their employees well [BUSINESS, May 20]. It is absolutely possible for firms to be both profitable and socially responsible. But you should have mentioned the importance of employee ownership in companies you cited, including Springfield ReManufacturing, Starbucks and Procter & Gamble. Although the Clinton Administration has not been active in supporting the concept, employee ownership continues to quietly transform the face of American business. Approximately 15 million employees now own stock in more than 14,000 companies, representing a diverse group in terms of size and industry...