Word: shared
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Dates: during 1980-1989
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...first-rate technical-training programs, intense corporate loyalty among its work force, and a culture that confers high status on manufacturers and engineers. But a little Japanese-style teamwork, in which companies pool their resources on long-term research, could do wonders in the U.S. "The Japanese don't share all their secrets either," says John Young, CEO of Hewlett-Packard. "They get people to develop the basic technology, and then they go home and build like crazy...
...first high-tech consortiums in the U.S. have had rocky beginnings. The Austin-based Microelectronics and Computer Technology Corp., which a group of electronics companies formed in 1982 for research in advanced computer technology, was shaky at first because member firms were reluctant to share their best researchers and ideas with rivals. But retired Admiral Bobby Inman, former deputy director of the CIA who headed MCC until 1986, melted their resistance. Now under the stewardship of former Texas Instruments executive Grant Dove, MCC has brought to market its first products, including a new method for connecting chips to circuit boards...
...crisis was dramatically resolved: they were reconciled; Fuller sold his share of the business and donated a small fortune to charity. He and Linda kept only several thousand dollars to start life over, this time with a renewed commitment to the Christian principles each had grown up with. Fuller's life today is modest but, he says, far more meaningful. His salary is $14,300; Linda, who works as his assistant, makes...
...Gene Hackman, the movies' modern Spencer Tracy. "Gene is a colossally subtle actor," says director Alan Parker. "He knows what not to do. Like Tracy, he doesn't talk about what he does; he just does it." Hackman, 57, has America's face, a body that has absorbed its share of life's shocks, a heart that has taken a licking and keeps on ticking. He can play the stern father or the doting uncle, a bad cop or a top sergeant, your best friend or the man you wouldn't wish on your worst enemy. As agent Anderson, Hackman...
Joyous floor traders on the Tokyo Stock Exchange celebrated the end of 1988 with a traditional hand-clap ceremony last week as share prices closed at record levels. But their applause could not drown out the rising furor over a stock scandal that has already toppled several of Japan's leading business and political figures. Not since former Prime Minister Kakuei Tanaka was convicted of taking bribes from Lockheed during the mid-'70s have the Japanese been so shaken by disclosures of official wrongdoing. As the scandal spreads, it threatens to tarnish Japan's image abroad and to undermine...