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...acquired CC Technologies (CCT), a corrosion-engineering company with a strong research division, based in Dublin, Ohio. With 2006 revenues of $20.6 million--a $10 million increase over its 2003 sales--CCT had been courted by several suitors. DNV communications manager Svein Inge Leirgulen describes the deal as having "huge business potential." Neil Thompson--now CCT's chairman and chief officer, and a co-owner prior to the acquisition--suggests the allure was that CCT's onshore expertise would complement DNV's offshore business. Matcor's Schutt is also in the market to buy. "I look at a couple...
...right leader in China and India, for many companies, is someone with the drive and creativity to manage what often feels like a start-up. The highest hurdle is usually building a local workforce from the ground up in savagely competitive labor markets. "Everyone talks about the huge populations, but in reality there's only a tiny number of people qualified for the jobs you need--and everybody's fighting for them," says Ron Leonhardt, 41, Target's director of human resources in the region. Leonhardt oversees the hiring of many of the 500 workers in Target's sourcing...
...stores in those countries, so Leonhardt couldn't rely on the hip, friendly Target brand to draw recruits--a far cry from the U.S., where the retailer is a household name and sought-after employer. "We're competing against IBM and Dell and brands that are already huge out here," he says. "Everyone wants to show their families they work for a big name." Recruiting at top Chinese universities, Leonhardt would show the swoosh and the bitten apple, logos the students readily recognize as Nike's and Apple's. "But when I showed them the red bull's-eye--silence...
...away from meetings confident that a plan was in place and wait for its execution. And wait. And wait. "It happened so many times that finally I changed my whole style," says Chase. "I talk to my team every day, ask them how it's going. I spend a huge proportion of time chasing...
...government of Prime Minister Recep Tayyip Erdogan is under huge public pressure after several deadly attacks by Kurdish guerrillas in the southeast that have killed 30 people in under two weeks. Members of Turkey's parliament are due to vote on allowing a cross-border military incursion next week, and the military machine is already preparing. "After the U.S. House vote, the Turkish public is going to think tit for tat," says Birand. "This is going to strengthen the nationalists, including the position of those people who want us to invade north Iraq...