Word: implementation
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During the 1960 campaign, President Kennedy repeatedly promised to "get this country moving again." Last week a great many U.S. voters and investors discovered rather belatedly and painfully that the vehicle he had used to implement this movement was a toboggan...
Five years ago Toronto's Massey-Ferguson Ltd. was on the brink of bankruptcy. Dragged down by unwieldy inventories and a slumbering dealer network, the 115-year-old implement manufacturer in 1957 lost $4,700,000 on $400 million worth of sales in five continents. This week Massey-Ferguson will happily report on its performance for the first half of fiscal 1962. With business up 15%, the company is expected to show sales of about $263 million and profits well above last year's first half net of $6,000,000. The secret of this rejuvenation: a change...
...result of Thornbrough's accent on overseas markets has been spectacular: Massey-Ferguson is now No. 1 in farm implement sales in Britain, France and Scandinavia and accounts for virtually the entire tractor market in such emerging nations as Ghana, Ceylon and Nigeria. Thornbrough has also revitalized Massey's U.S. distribution system with aggressive new dealers and installed a centralized computer control system to keep track of spare parts across the continent. M-F has climbed from seventh place in North American implement sales in 1957 to third (after Deere & Co. and International Harvester) today...
...purchase of the commercial health insurance now available to those over 65 "would absorb an impossibly large portion of their income," he declared. Dr. Peterson went on to cite the drawbacks of the current "relief program" provided under the Kerr-Mills Act, including the failure of most states to implement the program (90% of the money appropriated under the act goes to four states...
...might be considered vaguely unpatriotic. But it would be tragic if such suspicions obstructed those efforts which could regear the Geneva negotiations toward areas of possible agreement. President Kennedy should, before ordering the resumption of atmospheric nuclear tests, propose a list of reputable and responsible American scientists willing to implement an inspection scheme. Such an initiative would publicly weaken the contention that there are "no neutral men," and at the same time, undercut the recurrent fear that inspection scheme. Such an initiative would publicly weaken the contention that there are "no neutral men," and at the same time, undercut...