Tuesday, October 23, 2007

Keep it ringing, mate!

Typically Texan in his personal approach - hard-talking, oft en blunt and brusque, politically inclined and the man who always played tough with terrific deals instinct - that is Edward Whitacre, erstwhile CEO, AT&T (retired in June), to the world… whereas his successor Randall Stephenson comes across as an acutely detail-oriented and number focused, a bit more politically sensitive, a good speaker and a very bright & accessible guy. But one thing is common – both are highly regarded by industry.

The six-foot-four-inch Texan, “Big Ed,” was born on November 4, 1941, in Ennis, Texas. He is married to Linda and blessed with two daughters. He graduated from Texas Tech. University in BS in 1964. This charismatic leader has had a truly phenomenal career graph since his college days, when he agreed to hammer in fence posts & measure telephone wires of Southwestern Bell for lack of a better position in the company. Of course, the folks there didn’t even imagine he would be the CEO one day! And his drive to excel hardly diminished. He transformed the smallest of the regional Baby Bell companies into one of the leading full service telecommunications companies in the world through a number of acquisitions. “Ed Whit acre transformed an industry & re-established a great American icon in his remarkable career & the new AT&T is built to provide today’s customer with innovative communications & entertainment, anytime & anywhere,” commented Stephenson.


For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Sunday, October 07, 2007

Labour unions ready to Jet set!

They have been facing the wrath of luck for the last six years. Now however the USLabour unions ready to Jet set! airline labour unions are all set to retrieve their lost wages & the power they previously enjoyed. The labour unions are hopeful as some of the airliners are on the way to recovery & some even mulling manpower expansion. All major airliners had adopted the retrenchment route after they nearly went bankrupt due to rising fuel prices & competition. Delta for example had cut 6,000 jobs & United reduced wages & brought down its workforce by 25%. Northwest saved around $1.4 billion by cutting labour costs. Contracts with various labour unions were declared void as well. Analysts are of the view that after this long struggle, the labour unions have emerged as better negotiators. With airlines coming under fire because of complaints relating to being understaffed, the unions are sure to be at a better bargaining position.
For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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