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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Jul 04, 1975
Page
5
ASU official Jeanette Goodstein defines a generalist as a college graduate with strong communication and problem solving skills who can oversee administrative duties in large firms or government agencies. The term arose as work and education grew more specialized, allowing those with broad training to enter many roles.
A Cushing and Cushing study highlights that over 15 percent of executives are unqualified, costing U S firms an estimated 16 billion dollars annually in wasted wages and benefits. The piece argues promotions based on seniority and prestige lead to incompetence, with top firms often overvaluing candidates from prestigious companies. It contrasts American practice with more cynical European and Japanese approaches and urges hiring for results rather than name recognition.
A GAO report to Congress warns removal of shelterbelts in the Great Plains threatens soil erosion and farm productivity. It urges USDA to map windbreak losses and promote restoration, noting 200 million trees planted since 1935 under the Prairie States Forestry Project across North Dakota to Texas.
Reynolds Metals Alcoa Kaiser Aluminum delay planned increases for 30 days to allow inflation hearings. Alcoa's rise eyed 2.3 percent and Kaiser 2.7 percent, with ingots hit by about 5 percent. Federal Reserve notes consumer debt rose in May after three-month decline.
The Verdin Co. parts the Bicentennial boom with demand for copies of the Liberty Bell and large carillons. Jim Verdin notes strong orders for refurbishing and new bells while highlighting diverse products from clocks to bell systems. Prices range from about 8 000 dollars for a church bell to 2 500 20 000 for tone rods and carillon options.
Lynn A. Townsend will retire October 1 as Chrysler Corp chair amid mounting losses. The board reshapes top management with John Riccardo likely new chair and Eugene Cafiero the probable president. June car sales rise 7 percent from May, imports claim 19.5 percent of U.S. market while domestic makers show mixed results across GM Ford and Chrysler.
The Better Business Bureau notes varied quality among executive placement services. Firms include management consulting, executive search, and executive counseling. Charges differ and jobs are not guaranteed. demand written contracts and legal review before paying.
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