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Must we send Congress packing? (term limits) (Editorial)
September 1, 1992... There was never any doubt in my mind that our Founding Fathers had it right. Our system is the best! Who could doubt it? It is without peer! It works, and we'd do well not to tinker with it. "Don't," as the old saw goes, "fix what ain't...
Why fight the system? The non-choice facing beleaguered business faculties. (business schools)
September 1, 1992... I necreasingly over the past decade, U.S. business schools have been accused of (a) overvaluing research at the expense of teaching; (b) turning out research that is "academic" (in the worst sense), useless, even irrelevant to the needs of...
The cultural literacy of graduate management students.
September 1, 1992... The acrimonious debate over multiculturalism in education has not yet begun to directly affect graduate business educators. Our undergraduate university curricula, some charge, have been and still are little more than arenas for political...
Urwick on the business academy. (management consultant Lyndall Urwick)
September 1, 1992... Lyndall Urwick was born in England in 1891. He attended Repton and New College, Oxford, and was awarded a B.A. degree in 1913 and an M.A. degree in 1919. He began his career in his family's glove manufacturing business, Fownes Brothers and...
Ten easy ways to lose your customer's trust.
September 1, 1992... The flight from Sydney, Australia to Bangkok, Thailand on Lauda Airlines' new 747 had been smooth and uneventful, with the exception of a few toilets becoming inoperable. For some reason the new vacuum toilet system, which saved space and...
Managing marginal new products.
September 1, 1992... It is widely acknowledged that a constant supply of new products and their successful commercialization are key to a firm's survival. But studies by Booz Allen and Hamilton (1982), among others, have found that after all the time, effort, and...
Why rich brands get richer, and what to do about it.
September 1, 1992... Conventional wisdom, largely based on PIMS data, nudges a brand manager toward the pursuit of market share even if it comes at the cost of lower margins. The same orthodoxies suggest to executives appraising a strategic plan that they should...
Strategic thinking is hip, but does it make a difference? (includes related article)
September 1, 1992... We finally caught up with Steve McCulty, chief executive of a machine tool manufacturing company that in recent years has undergone drastic downsizing from more than 1,900 to 1,100 employees. However, the company managed to sustain a growth in...
The Great Paradox: responsibility without empowerment.
September 1, 1992... "Andrew," the president hissed through clenched teeth at A.B. Lowhim, his now fully alert, tensed-up executive vice president of everything-to-do-with-profits, "your next Christmas bonus is now already history, and if you do not get me 18...
Managing the challenges of trigger events: the mindsets governing adaptation to change. (includes related article)
September 1, 1992... Mergers and acquisitions, corporate relocations, new chief executives, and corporate restructurings are changes with major consequences for companies and their managers. What makes these events so significant is that they are "trigger events,"...
Ten rules for a company in trouble.
September 1, 1992... Over the past several years, much has been written about management style and its impact on a corporation's culture (Theory X management vs. Theory Y management, for example). During the course of our various engagements at troubled or bankrupt...
Successful CEOs talk about decision making.
September 1, 1992... What accounts for the success of a business? Is it something that is peculiar to individual operations, or do growing companies resemble one another in ways that help to explain their success? This question concerns executives and scholars...
Rethinking Social Policy, Race, Poverty, and the Underclass.
September 1, 1992... Reviews of current books discussing subjects on the horizon of business activities, particularly those on controversial issues being encountered by both practitioners and teachers, will be considered for publication. Manuscript guidelines are...
International Business and Government: Issues and Institutions.
September 1, 1992... By Jack N. Behrman and Robert E. Grosse
The reviewer., Jon P. Alston, is a professor of sociology in the College of Liberal Arts, Texas A&M University, College Station, Texas.
The authors present a near-encyclopedic review of the...