Word: toed
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Dates: during 1970-1979
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He is so well known back home in Sweden that headline writers identify him by his initials alone: P.G. He has a small circle of close friends: professors, psychiatrists and other intellectuals; he relishes their barbs at business because they challenge him to "see the other side." He is married...
P.G. could spend the next 20 years just keeping his $5 billion multinational growing in the tighteningly competitive auto market. He is busy now negotiating a deal with Renault to swap Swedish shares for French capital and front-wheel technology. But Gyllenhammar has a cause beyond cars. He is going...
"Fewer and fewer people are related to jobs that they can identify with," says he. "They see no connection between what they do on the job and what comes out at the end." They spend their lives isolated behind typewriters and computer consoles. Gyllenhammar worries that company chiefs expect the...
One group trying to figure out remedies is the Public Agenda Foundation, started a few years ago by Cyrus Vance and Opinion Analyst Daniel Yankelovich. It is a business-academic think tank that uses Yankelovich's survey methods in six countries, and Gyllenhammar is its European chief. The early...
Gyllenhammar marvels that almost 11 million Americans have found jobs in the past three expansive years, but he worries that large legions are easily laid off when business turns down. It would be wiser, he argues, for companies not to hire so many people in good times and not to...