Word: turnoveritis
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They, lack loyalty. "I do often hear that M.B.A.s are impatient, and because of that impatience there's quite a bit of turnover in the early years," says Carl Hartnack, board chairman of the Security Pacific National Bank. "Some think they can go to Xerox and become president overnight...
Mr. Harpe points to a genuine dilemma. We live at a time when there are very few capable academic administrators to meet the increased need for them in a period of retrenchment and rapid turnover (averaging from five to seven years in college and university presidencies). Choosing the best candidate...
Ouchi uses the terminology of Douglas McGregor, the late professor at M.I.T. who distinguished between two basic types of management attitudes in U.S. business: so-called Theory X bosses, who believe that workers are basically lazy and untrustworthy, and Theory Y managers, who hold the opposite view. Ouchi takes the...
The Coop's corps of management officials can not be entirely faulted for the worker's major grievance--the low wages paid many of the company's employees. The low pay-scale is a rational response to the transient nature of the Square's labor force. Many of the stock...
Last night, however, the squad fell just a little short. Northeastern regained possession courtesy of a Harvard turnover, and Huskie coach Calhoun called a well placed timeout.