Posted by Goose on February 09, 2012 at 15:36:43 from (173.190.237.126):
Back in the mid 1970�s, a gentleman by the name of Robert Townsend took Avis out of their financial doldrums and put them second to Hertz in the car rental business. Townsend subsequently wrote a book entitled �Up The Organization� relating his experiences at Avis.
When Townsend was made President of Avis, he set his own salary at a modest $30,000 per year. The Board of Directors told him it wasn�t enough, he should pay himself at least $50,000. Townsend�s response to the Directors was, �Right now you can�t afford to pay me $50,000. When I get this company turned around and profitable, we�ll talk about a pay raise�.
Wouldn�t it be nice if the same level of honesty and integrity prevailed in Corporate America today?
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Today's Featured Article - Tractor Profile: Case VA Series - by Staff. V, VC, VI and VO). Althouh the Case VA looked much like the V, it shared no major components with its predecessor. Except for military units, the production of the Case VA was interrupted in July of 1942 due to World War II. It resumed again in 1944 and continued until 1953. It started up briefly later on in 1953 and continued on a very limited basis until 1956. The VA Series included the following models: VA: Fixed front wheel tread VAC:
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