Word: chains
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...DIED. AL LAPIN JR., 76, entrepreneurial coffee-cart operator who, with younger brother Jerry, co-founded the chalet-style International House of Pancakes chain of restaurants; in Los Angeles. Lapin built the first blue-roofed IHOP in Los Angeles in 1958 and turned it into a $40 million conglomerate by 1970. But three years later, a recession and tightened credit forced him to sell his stake for a mere...
...always mad at myself because I asked for the special counsel and it was a horrible mistake. I really thought it was an up-and-up deal. The thing that really angered me was I felt helpless because I felt like I had set in motion a chain of events in a good-faith effort to reassure mostly the press more than the American people--the people didn't care--that I hadn't done anything wrong in Whitewater and neither had Hillary. And now Hillary, Susan McDougal, all these people in Arkansas, they were being crushed because of these...
DIED. JACEK KURON, 70, chain-smoking Polish academic and dissident in the 1970s who helped topple his country's communist regime; in Warsaw. As a co-founder of the Committee for the Defense of Workers (KOR), he helped bring Polish intellectuals into the fold of future President Lech Walesa's Solidarity movement. In 1989 he became Labor Minister in Poland's first democratic government (in which welfare payments were popularly dubbed "Kuron's money"), but his 1995 bid for the presidency failed. Upon Kuron's death, Walesa said, "There would have been no success or victory without him, without...
...headquarters, the home-improvement retailer was going through a rough patch of its own. Its co-founder and second CEO, Arthur Blank, was under pressure to leave; the company had added stores more quickly than it could properly manage, and comparable-store sales, the crucial measure of a retail chain's organic growth through existing stores, had been declining for eight quarters. Home Depot was expanding so quickly that many executives saw nothing wrong. "You had people who were enormously proud of what they had accomplished," says Frank Blake, who worked with Nardelli at GE and is operations chief...
...design of such social networks. When networks organize themselves, they can drain coordination, learning and performance. The solution, according to The Hidden Power of Social Networks: Understanding How Work Really Gets Done in Organizations, is to make the network visible. By studying workers' interactions and not just the official chain of command, managers can spot such problems as "bottlenecks" (in which one worker is overwhelmingly depended on by many people), "peripheral people" (who aren't tapped often enough and tend to be much less satisfied in their jobs) and "disconnects" (which can be caused by something as simple...