Word: successful
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Dates: during 1990-1999
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Indeed, within the car industry, executives have taken to using the words car assembler and car developer in place of the old term carmaker. The evolution in language mirrors the development of Magna, whose success Frank Stronach couldn't even have begun to dream about in 1954, when, at age 22, he left his native Austria for Canada with $200 in his pocket and about the same number of English words in his vocabulary. Three years later he managed to start up a tool-and-die shop in a rented garage in downtown Toronto, and in 1960 he signed...
...components inventory to drive home a point: it's not the parts that matter; it's how they fit together that counts. Dennis Blommers, a plant manager for Magna's Decoma division, which specializes in exterior systems, has been along for much of the company's ride to success; he now oversees 300 employees who engineer and make high-tech plastic bumper covers and grilles for Chrysler, GM and Honda at a plant near the company's headquarters in Aurora, Ont., about 20 miles north of Toronto. "Each year we get more and more into what the customers are asking...
...indicators are encouraging. The unemployment rate of 4.3% is the lowest in 28 years. Inflation is under 2% and shows no signs of heating up. The run-up in the stock market since 1994 has added an extra $10 trillion to the assets of American households. And Washington's success in finally reversing three decades of government deficits has opened up a new era of "surplus politics," says Robert Hormats, vice chairman of Goldman Sachs International, "which is a huge change in the nature of our economy and politics." He predicts the American economy will grow a healthy 2.6% this...
Call it the sidekick theory of history: the idea that behind every famous individual was an unsung, exceptional assistant whose aid and support guaranteed his or her chief's success. In the case of Charles Darwin, the invaluable aide-de-camp may have been one Syms Covington, an obscure British sailor who, though he's barely mentioned in Darwin's writings, toiled at his side throughout his early career, bagging the vast array of specimens upon which Darwin founded his theory of natural selection. Now, in Australian novelist Roger McDonald's Mr. Darwin's Shooter (Atlantic Monthly Press; 365 pages...
...caution here is one that applies to utopian visions generally: perfect is always imperfect, as it must be, and imperfect--a world of disappointments and surprises--is as good as it gets. It is hard to know whether McDonough recognizes this. He is in the first blush of success, where he wants everything to be right and believes it is possible. He asks, "Why should it ever be necessary to tear the Gap complex down?" and thinks that the question is rhetorical...