Word: vision
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Dates: during 1990-1999
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...Juan Trippe had been driven by the great American instinct for seeing a market before it happened--and then making it happen. In a real sense, he fathered the international airline business. To do so, he took on the entire airline industry, and risked his company to see his vision through. You've just got to admire a guy like that...
...Democracy" stance, he urged that the industry turn out "500 planes a day." His plan was harshly criticized by the corporations, which were unwilling to give up any part of their profitable business. When the Japanese attacked Pearl Harbor, the rapid conversion to military production validated Reuther's vision...
...McDonald's was well established, Kroc still tried, often with dismal results, to move forward with upscale hamburger restaurants, German-tavern restaurants, pie shops and even theme parks, like Disneyland. He always had a keen sense of the power of novelty and a strong belief in himself and his vision...
...where Morita moved his entire family in 1963. In that way he would understand Americans, their market, customs and regulations, thereby increasing the chance of his company's success. It was a brilliant decision. Not many businessmen in those days possessed such a passionate and determined business vision. In the U.S., Morita settled into a large Fifth Avenue apartment in Manhattan. He built a solid and valuable network by continually socializing and giving parties during the week, a habit he maintained throughout his career...
...Sony grew internationally, Morita expanded his vision. Now it was "Think globally, act locally"--that is, have a common value system that transcends national objectives; serve international customers, shareholders and employees, regardless of the origin of the company. I liked his reference to the phrase in a business context so much that I used it in my book The Borderless World to describe a company that is in the final stage of globalization...