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...admits, "When I first came to Hyundai, I too didn't think quality cars were important." But the new chairman made blemish-free manufacturing the top priority. To break down interdivisional barriers, Chung forced designers, engineers and factory managers to work as a team to weed out potential defects. Twice a month, Chung summons senior managers into a conference room at his Seoul headquarters to analyze reliability issues, sometimes bringing in a whole car and lifting it up on a hydraulic platform to get a firsthand look. Likewise, the company's 68,000 workers are encouraged to make suggestions...
...Annual disposable income of a resident of Lanzhou. A Shanghai resident has more than twice that...
...life continues to get better, the extraordinary challenges facing China's leadership will be ameliorated. The best news possible for high policymakers in Washington is that a 20-year-old girl in Kaiping is happy. Between bonuses and overtime, Liu makes as much as $120 a month, nearly twice what she says she would have made if she had stayed closer to home, and she saves more than half of it. It's a tough life, but Liu and her friends in the factory talk about their "coming out" from the villages as their chance to see the world...
...advance himself and trash his enemies. He can be quite taken with his own grandeur. Says a longtime associate: "I always thought he would have made a good Cardinal in 17th century France. He enjoys those European politics of powerful individuals gliding around, not having to worry about elections." Twice, Mandelson had to resign from Blair's government because of perceptions that he traded favors and influence with major Labour Party donors, although he was formally cleared in 2001 of using improper influence to obtain a British passport for the wealthy Indian businessman Srichand Hinduja. Yet Mandelson's pro-European...
...once-poor kid's inferiority complex. His father died in a car accident when he was only 6. His mother, a manicurist, remarried and moved to a dairy farm near the Catskill Mountains of New York. On the farm, he had daily chores that included milking the cows twice a day. Greenberg soon proved his talents and his competitive drive. He was a starting football player--his athletic ability earned him the nickname Hank, after the baseball great of that era with the same name. He quit school to go to war in 1942 and, after his battalion landed...