Word: turnarounds
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TIME's story on the economic turnaround of the Cheyenne River Sioux tribe, "Winning Big Without Casinos" [INNOVATORS, June 18], quoted me as saying our previous tribal chairman was "interested in government handouts, not development." That statement was misconstrued and taken out of context. In 1990 I asked Wayne Ducheneaux, the chairman at that time, what position the tribe was taking on the Indian Economic Development Act, which had been introduced in the Senate. He responded that the tribe had no position on it and that it was more interested in an agriculture bill that had also been introduced. This...
...Whither the third? Well, once upon a time, Q3 was supposed to be the start of the turnaround; now it?s just another three months to wonder if this gets worse before it gets better. That brings us back to the consumer - who, according to Friday?s University of Michigan survey, is getting a little glum too - and whether $40 billion in rebates and 275 basis points in interest-rate cuts will be enough to keep wallets open and the economy above water...
...within two years, is just as obsessed with keeping costs down. Like Southwest, JetBlue flies only one type of aircraft, which keeps a lid on training and maintenance expenses. With flight attendants and even executives like Barger chipping in to help clean the jets even before they have landed, turnaround times average just 35 minutes, as fast as industry leader Southwest...
...journalistic and leadership skills. During the past 30 years, he has distinguished himself as a reporter, writer, editor, manager and occasional book author. As managing editor of FORTUNE from 1995 to 2000, he proved himself one of the best magazine makers in the business while engineering the great magazine turnaround of the 1990s. As editorial director, John will have direct responsibility for Time Inc.'s four domestic weeklies, including TIME, and will continue to direct our domestic business titles...
...growth rates at the current 7%. But China also has other big problems?most notably corruption?that threaten to stifle growth. Either way, there is a general consensus that China is a serious competitor to the rest of Asia. And assuming nations in the region don't orchestrate a turnaround soon, the current slump might provide China with an opportunity to steal the show. Many foreign investors already shun Southeast Asian nations in favor of China's huge market and cheap manpower. The $1.9 billion that Motorola spent on a semiconductor plant in Tianjin last year was more than...