Word: womack
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...Womack said a professor as versatile and popular as Schama would not be easy to replace...
Schama has not officially resigned his post at Harvard, however, having only taken a one-year leave of absence, according to Acting History Department Chair John Womack...
...that set corporate policy. This blend of top-down control and decentralized execution helped GM build cars at lower cost than its rivals, while charging more for the quality and popularity of its models. "That's a wonderful position to be in if you're a manufacturer," says James Womack, an M.I.T. researcher and co-author of The Machine That Changed the World, an influential study of the auto industry. "GM was a fantastic success...
...Oldsmobile and Cadillac units. While that may have seemed sensible at the time, it created a new level of bureaucracy sandwiched between the automaking divisions and GM's corporate headquarters. The results ranged from mass confusion to a proliferation of look-alike models. "Everything Roger Smith tried failed," says Womack. "The screwball capital investment, the screwball reorganization. Smith was a guy who didn't want to hear the bad news...
...large corporations like GM often stubbornly resist change, as underscored by the crises now gripping such American giants as IBM, Sears and < Citicorp. "Big organizations that last a long time are usually very conservative, like churches or armies," Womack says. Their size usually helps them forestall change for too long, so that when the forces finally become irresistible, the upheaval resembles the centrifugal breakup of the Soviet Union...