Word: ceos
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...Some wags have coined a phrase for this: Duh Feminism. But there's nothing obvious about the movement's achievements. It's true that we now have a woman crafting America's foreign policy (Madeleine Albright), that a woman is deciding which Barbie dolls to produce (Jill Barad, CEO of Mattel) and that a woman (Catharine MacKinnon) pioneered the field of sexual-harassment law (which is turning into real dollars for real women, as Mitsubishi Motors evidenced two weeks ago with its record $34 million payment to women on the assembly line). It's also true that women are joining...
...observes Jack Kyser, chief economist at the Los Angeles Economic Development Corp. Such signs also decorate the grocery stores, clothing boutiques and delicatessens filling strip malls across the continent. Not only are high sales creating many new jobs, but employee turnover is enormous. At these levels, says Mitchell Fromstein, CEO of Manpower Inc., the world's largest provider of temporary help, job experience, even the briefest exposure to hamburger flipping, is almost as sought after as a college degree in more skilled occupations. An employee who works a month or so at, say, a grocery-checkout counter and demonstrates...
Milwaukee-based Manpower Inc. offers free training in many skills to almost anyone who asks. The company, says CEO Fromstein, realized early that it could capitalize on the labor shortage by supplying clients with the trained and adaptable workers that the firms could not find on their own. Coopers & Lybrand is one of many employers "doing a lot more with internships," says James Lafond, a Washington-area managing partner. Internships offer training to young people while giving them and the company a chance to size one another...
Gucci has been on a much hillier path. After years of mismanagement by the Gucci family, the company finally went public in 1995, and its fortunes began to rise like hemlines. With the help of 36-year-old American designer Tom Ford, CEO and president Domenico De Sole transformed Gucci from the butt of jokes about men who wear loafers to a label both Seventh Avenue and Wall Street adore. (Ford's first famous look: velvet hiphuggers and a satin shirt.) Incontrovertible evidence of how far it has come: Helen Hunt wore Gucci to the Oscars this year...
...keep seeing him after he retires, his hypercompetitiveness perhaps leading him eventually to golf on the senior PGA tour, or at least the Nike tour (he's got to have an in there). Or perhaps he will be on the cover of FORTUNE again, only this time as the CEO he has been molding himself into. But even though 35 sounds too young to retire, it's old for an athlete, older for a shooting guard and ancient for the top player in the game. And, perhaps, just old. John Updike, who knows Phil Jackson, had his most famous character...