Hints and tips:
...By the early 20th century, control of these corporations was beginning to shift away from the founder or their descendants....
...and control over personal data....
...Harold Geneen, architect of the conglomerate ITT, wrote a book called Managing that was puffed up with self-congratulation just before the conglomerate wave crashed to earth....
...Mr Welch is now thought of as the archetypal command-and-control leader, but, like Mr Flannery, he tried to decentralise management, making leaders in the field more accountable....
...Mr Trump essentially doubled down on Atlantic City, shedding assets such as his yacht and the Plaza Hotel in Manhattan so he could keep control of his casinos....
...I do not have Rapunzel hair but rather a style that falls past my shoulders and over my face, resembling Cousin Itt from The Addams Family ....
...These include Svenska Cellulosa, the Swedish company that was embroiled in a scandal last year over the use of private jets, and ITT Educational Services, which the US regulator has charged with fraud....
...Unlike fellow ringmasters Diller, Murdoch and Redstone, who control the businesses they built, Sorrell owns only 1.45 per cent of the WPP circus....
...“I gained a lot when at ITT through learning about cash and performance control – something American companies are good at, even if sometimes this detracts from technical innovation.”...
...It almost seemed like a tic he couldn’t control. “Forget the NSA,” I said. “You’re the f***ing problem!” “Lighten up. It’s not like it’s Facebook.”...
...In March I wrote about the financing of ITT-ESI, another for-profit. It subsequently disclosed a regulatory investigation of its practices, and that stock went from about 64 to 18....
...Both in its furious construction and serial deconstruction, Tyco strongly resembles ITT....
...In the past year, ITT, Fortune Brands and Sara Lee have all adopted split-up strategies....
...Even without much in the way of product cross-fertilisation or marketing synergies, the imposition of professional discipline in basic business skills such as purchasing, marketing and inventory control...
...Among Congressional Republicans, there is a hope that if they can win the presidency and control of the Senate in 2012, they can avoid the extra defence cuts by finding new savings in the budget....
...Dave Melcher, president of ITT’s defence unit, says that his company has been preparing for more than a year....
...ITT won the $1.8bn contract to build by 2013 and operate the 793 ground stations that will receive and relay broadcasts from aircraft, and feed weather and traffic control information to them by the same...
...He has worked with the company’s global sales team for five years and has 25 years’ experience in telecoms, previously at ITT, Western Union and Global One....
...Itt was the first Israeli strike against a government building since Hamas Islamists seized control of the Gaza Strip in June after routing secular Fatah forces loyal to Palestinian President Mahmoud Abbas...
...The case marks the first time that a major US defence contractor has been convicted of violating the Arms Export Control Act....
...The tide also turned in the 1990s for conglomerates, with the break-up of ITT, AT&T and 3M....
...Looking over the industry’s own claims, I am struck by parallels with the big old conglomerates such as ITT of the US and Hanson of the UK....
...“Business doesn’t work in isolation, itt works with the police.”...
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