Word: sloane
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Dates: during 1990-1999
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...memorable women. "Mother's mother and Father's mother were absolutely indomitable," says Janet's brother Robert Reno, a New York Newsday columnist. "All the women in the family were. The men were strong too. They just had no talent for marrying spineless women." Janet's maternal grandmother Daisy Sloan Hunter Wood was a genteel Southern lady who lost her own mother and two sisters to tuberculosis and instilled in her children and grandchildren a passionate commitment to duty and family. In World War II, daughter Daisy became a nurse, landing with General Patton's army in North Africa...
WRITER: HOLLY GOLDBERG SLOAN...
...world's largest supplier of computer software, have assumed the role long played by Big Blue as the industry's pacesetters. What is taking place is a generational shift unprecedented in the information age -- one that recalls a transition in the U.S. auto industry 70 years ago, when Alfred Sloan's upstart General Motors surpassed Ford Motor as the nation's No. 1 carmaker. The transition also reflects the decline of computer manufacturers such as IBM, Wang and Unisys, and the rise of companies like Microsoft, Intel and AT&T that create the chips and software to make the computers...
...whose charismatic leader Alfred Sloan pioneered modern corporate management, get into this fix? In large part, the company has been a victim of its past success and an insular culture that has refused to change. For 70 years, GM has operated along lines that Sloan first laid down in a 1919 memo to top managers of what was then a struggling company. Sloan separated the firm into operating groups and divisions, which were presided over by executive committees that set corporate policy. This blend of top-down control and decentralized execution helped GM build cars at lower cost than...
...biggest challenge will be to shift from the top-down style of management that has characterized the company since Alfred Sloan to a more collegial style in which everyone from the shop floor to the executive suite participates in decision making. That is no longer a revolutionary idea among GM's rivals or industry at large. Ford developed its Taurus using nearly autonomous teams of workers, and Chrysler last year opened a mammoth $1 billion technical center that will bring together 6,000 technicians, designers and engineers to work on joint car projects. Perhaps not surprisingly, Ford and Chrysler have...