Word: crucially
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...growth has brought LG to the cusp of greatness but not quite into the industry's aristocracy. Still missing is the global brand name crucial for commanding high premiums and outpacing low-cost manufacturers in China. It is an accomplishment hardly any Asian corporations have managed to achieve. "We've had success at the foothills," says Woo Nam Kyun, president of LG's digital-TV operation. "Now we have to climb the mountain...
...seem odd that at this crucial time LG has turned over its top job to a farm boy from a tiny village in eastern South Korea. Kim Ssang Su spent his childhood knee-deep in the family's rice paddies. Even now, Kim is a bit of a fish out of water. He took over from the debonair John Koo, a senior member of LG's prestigious founding family. Kim has never worked outside Korea or, before becoming CEO, even at LG's glitzy Seoul headquarters, known locally as the "Twin Towers." He had spent his entire career buried...
...veterans who fought the crucial battles of World War II are real heroes. We should thank them every day of our lives." KATHY HUGHES Lansing...
...Home Depot's Atlanta 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...
...seem odd that at this crucial time LG has turned over its top job to a farm boy from a tiny village in eastern South Korea. Kim Ssang Su spent his childhood knee-deep in the family's rice paddies. Even now, Kim is a bit of a fish out of water. He took over from the debonair John Koo, a senior member of LG's prestigious founding family. Kim has never worked outside Korea or, before becoming CEO, even at LG's glitzy Seoul headquarters, known locally as the "twin towers." He had spent his entire career buried...