Two consumer services firms unite to create a company whose biggest assets are information and affiliations.
HFS pieces together a collage of lodging, car rental, real estate, and related businesses. With its latest merger, the whole may become greater than the sum of its parts.
Read enough management books, listen to enough gurus, and you'd think there's no way any company is going to survive too far into the next millennium. The world's just moving so…
Abstract
Read enough management books, listen to enough gurus, and you'd think there's no way any company is going to survive too far into the next millennium. The world's just moving so fast, they all say, that executives must ever be poised to leap through windows of opportunity that pop open at unpredictable moments. And they've got to pick the right windows and leap at precisely the right time. It sometimes seems as if enduring the next decade will demand that executives be embued with measurable levels of extrasensory perception.
The subject of this issue's cover story, NCR, is 113 years old, which might be regarded as venerable for a U.S. company. Of course, some firms are older—Eleuthére Irénée du Pont…
Abstract
The subject of this issue's cover story, NCR, is 113 years old, which might be regarded as venerable for a U.S. company. Of course, some firms are older—Eleuthére Irénée du Pont de Nemours set up shop to produce black powder in 1802, and William Procter and James Gamble established their partnership in 1837. But only shortly before John H. Patterson founded the National Cash Register Company in 1884, did General Electric (1876), and Exxon (as Standard Oil of New Jersey in 1882) come into being. And just two years later, in May 1886, Dr. John S. Pemberton sold the first sip of Coca‐Cola in Atlanta.