How 15 major industrial corporations were able to pay dividends without interruption for more than a century each, and the lessons this holds for corporations today, as they struggle to survive in the turmoil of uncertainty and economic globalization. Grossman and Jennings examine 15 industrial companies, each with a century of uninterrupted dividends, and find in their values and management styles unique characteristics that other companies today would be well advised to understand and seek to emulate. Each of the 15 knew they were in business for one purpose: To make money-- and each knew what it had to do to make it. They also knew what they would not do. Dynamic, questioning, always in search of ways to march in step with a changing society, they constantly asked themselves one critical question: What business are we in? The answers they found, the principles of management they discovered and practiced, the values they recognized and adopted--all helped them prosper. Not only did they survive but they also paid dividends to their shareholders in all kinds of economic weather. Now, in an era of gurus and buzzwords, fad theories, and du jour approaches to business success, the stories of these companies reaffirm the simple, timeless precepts. They remind managers of any growing company that there are indeed notions, principles, and management techniques that have proved themselves over time, and which still have the strength to guide organizations today toward a profitable, enduring corporate life. The authors assert that no one before them has examined companies with long-term success, as defined by their ability to pay dividends without interruption. In fact, in the history of U.S. industry there have only been 15. Through World War I, II and the Depression, they managed to have the earnings and the will to provide their shareholders with an annual return on their investments. For the same reason we study historical figures to learn who they are, what they did, and what their accomplishments mean for us today, so too do we study these uncommon 15. They offer straightforward insights into how businesses grow and survive. The companies and their stories exhibit common links: Strong corporate values, the importance they placed upon employees, the strengths gained from the longevity of their corporate leaders, and the role played by diversification--all helped make their ongoing successes possible. Anecdotal but solidly research-based, engrossing and readable, with diagrams and other illustrations to help today's managers evaluate their own organizations and plans for growth, the book will be a major contribution to our understanding of the past, and a view of what might be the best in the future of today's organizations.
Building the 'New Europe' is at the core of the new international economic and political initiatives leading the world through the nineties and toward the twenty-first century. This challenge rests on dual processes: on the one hand, the European Community-wide single market and monetary integration; and, on the other, the East European transition to the market place and integration with Western economies. The volume is divided into two parts. The first section includes essays on the general and specific topics linked to the transitions to a market economy and to a pluralist political system. The second section comprises essays on individual countries, such as Hungary, Poland, Yugoslavia and the Republics of the former Soviet Union.
Download this book today and get your FREE copy of 'Healthy Recipes Healthy Life's', full of delicious, month watering recipes, and calorie values, facts about the herbs, fruit, and vegetables used in this recipes... a must have complement to any weight lose plan. After downloading you FREE 'Healthy Recipes' book go to the back page where you will find the link to download your Free copy... Back to my 'Building a Powerful Physique' book. Bodybuilding has not changed over the last 50 years that I have been involved in the game. The reason why most people fail to put on any amount of muscle mass is, because they tend to do advanced techniques right from the word go. Bodybuilding is a science and like science, if you miss out, or skip an element then, the experiment will fail. Bodybuilding is without doubt one of the most difficult sports to get yourself involved with, because bodybuilding requires not only physical strength, and determination, but the knowledge to understand how the body works. Not understanding or having the knowledge will seriously hamper your efforts. My book 'Building a Powerful Physique', will help you gain the correct knowledge, and just as importantly, shows you 'How' to execute that knowledge. Built on my 50 years experience in bodybuilding and competing, this book contains all you need to know about bodybuilding, which will give you the correct solid foundation to help you push upwards, and on-wards, to a greater level of bodybuilding. Written in an easy to understand format, without any 'BS', it lays down the laws and rules. You now have the opportunity to seize all that knowledge, saving yourself years of disappointment.
Building Ships, Building a Nation examines the rise and fall, during the rule of Park Chung Hee (1961-79), of the combative labor union at the Korea Shipbuilding and Engineering Corporation (KSEC), which was Korea's largest shipyard until Hyundai appeared on the scene in the early 1970s. Drawing on the union's extraordinary and extensive archive, Hwasook Nam focuses on the perceptions, attitudes, and discourses of the mostly male heavy-industry workers at the shipyard and on the historical and sociopolitical sources of their militancy. Inspired by legacies of labor activism from the colonial and immediate postcolonial periods, KSEC union workers fought for equality, dignity, and a voice for labor as they struggled to secure a living wage that would support families.
The standard view of the South Korean labor movement sees little connection between the immediate postwar era and the period since the 1970s and largely denies positive legacies coming from the period of Japanese colonialism in Korea. Contrary to this conventional view, Nam charts the importance of these historical legacies and argues that the massive mobilization of workers in the postwar years, even though it ended in defeat, had a major impact on the labor movement in the following decades.
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