Word: rand
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Dates: during 1980-1989
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...less talent available for corporations to choose from, employers may offer larger salaries and more responsibility to promising college graduates. Ambitious baby-bust workers could find the path to promotion a little less crowded than it has been for baby boomers. Says Peter Morrison, a population analyst at the Rand Corp.: "Baby busters will in general have more of a choice ((in the job market)) and better prospects for advancement than the previous generation...
...hunting takeover sharks, who are likely to chop far more brutally and indiscriminately than the present managements. No less a titan than ITT warily shook off a takeover bid by Raider Irwin Jacobs in 1985. That effort gave renewed impetus to a slimming exercise already begun by ITT Chairman Rand Araskog. Since 1980, Araskog has sold off more than 100 businesses, and last year he cut ITT's work force by 100,000, or 44%, and slashed headquarters staff from about 850 to 350. Says Araskog: "Corporate executives have to learn to do things for themselves. Pick up the telephone...
Control Data got into trouble by developing "corpocracy," or corporate bloat, at a relatively early age. William Norris, a former Sperry Rand general manager who started the company in 1957, had managed by the early 1960s -- with a staff of only a few thousand employees -- to take the industry lead in building high-speed computers for scientists and engineers. But as the company grew and prospered during the 1970s, the founder's interests began to wander toward wide-ranging and public-spirited ventures that diverted money and managerial attention. The company built factories in low-income regions like Appalachia, tried...
...impetus for the voucher program was a study by the Rand Corp. that reached just the conclusion that free-market advocates wanted to hear: rental units in many cities are plentiful but too expensive for lower-income people. Though liberal critics derided the idea as just another way to cut services to the poor, the Administration is now well along on a five-year, $200 million pilot program to test vouchers in 20 communities. To date 15,000 leases have been subsidized by vouchers; eventually the Government plans to subsidize 140,000 rental units...
...that have been so powerful. But the implementation of these policies is hindered because ((Gorbachev)) has not had time to develop the support among mid- and lower-level officials. It's a huge machine, and it's very hard to get a handle on it." Jeremy Azrael of the Rand Corp., a West Coast think tank, says that regional party bosses have become "feudal barons" and that Gorbachev has to gain control over them before he can be master of the national party...