Word: smith
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...cure themselves of the Not Invented Here disease, Detroit's bosses resorted to Hail Mary attempts to fix what were long-term issues. "They were constantly looking at buy, sell, hire, fire, looking to be rescued from their predicament," says Spear. On the buy side, GM CEO Roger Smith acquired Hughes Aircraft, EDS and a 50% stake in Saab. His successors bought the Hummer, 20% of Korea-owned Suzuki and 20% of Fiat with the obligation to buy it or pay to get rid of it. (The latter course was chosen, at a cost of $2 billion...
...launched a five-year, $1.3 billion project that will overhaul the region's century-old irrigation system, using computer-controlled channels that should significantly cut down on water waste, which today can reach 30%. "It's extracting the most benefit we can from the water we have," says Murray Smith, who heads the Northern Victoria Infrastructure Renewal Project. (See pictures of Australia, the driest inhabited continent...
Faculty of Arts and Sciences Dean Michael D. Smith plans to send a letter within the week advising departments on filling open staff positions and will issue a question-and-answer report detailing Harvard’s current financial status...
...increased correspondence comes during a global economic crisis that has affected even the Ivory Tower. In the past few weeks, University President Drew G. Faust and FAS Dean Michael D. Smith have been sending out letters detailing news in Harvard finance—Tuesday, Faust announced a 22 percent drop in the endowment in four months from its June 30 value of $36.9 billion...
...committee has been named to review staff openings and to determine those that are “critical,” a term used by Smith in a letter last week to refer to positions that FAS is willing to fill and finance as it cuts expenses elsewhere...