High-tech chiefs keep one eye on the door

Article Abstract:

High-technology companies are replacing their CEOs much more frequently than in other industries. Novell, AST Research and Quarterdeck replaced their CEOs in the week ending Aug 30, 1996. Borland International and Sybase replaced their presidents and CEOs in July, America Online and Syquest Technology replaced theirs in June. The high turnover rate is blamed on the rapid fluctuations in the finances of these organizations, combined with increased investor concerns and the pressures of running companies competing in quickly changing markets. The financial repercussions of replacing a CEO can have a marked effect on a company. The replacement CEOs are frequently paid 30 percent to 50 percent more than their predecessors, although some executives trade the high salaries for a significant percentage of the company. The rapid rate of CEO turnovers is unlikely to slow in the near future. As many CEOs leave their positions on their own volition as those who are fired.

Management, High technology industry, Computer industry, Forecasts and trends, Industry trend, Employment, Chief executive officers

---

High Tech in High Gear

Article Abstract:

Cone Drive Operations of Ex-Cell-O Corporation (Traverse City, Michigan) spent four years, starting in 1980, installing IBM's Manufacturing Accounting and Production Information Control System (MAPICS), Computer Graphics Augmented Design and Manufacturing system (CADAM Inc.), Displaywriters, and data collection terminals resulting in a state-of-the art computer integrated manufacturing (CIM) facility. The company got into CIM to maintain an edge on competitors in the manufacturing of gearsets, gear motors, and speed reducers for industry. The new MAPICS installation is based around the IBM System-38 and IBM 5251 computer terminals. The new CIM system resulted in a reduction in inventory of twenty-five percent in the first eighteen months, shorter design and production lead times, improved delivery integrity from fifty to eighty percent, and improved employee morale.

Machinery, Manufacturing, Automation, Inventory control, Design, Computer Systems, Applications, Control Sytems, Cone Drive Operations

---

Clever gear, packed to go

Article Abstract:

The new Magellan's travel gadget catalog includes an inexpensive desk-drawer implements kit; a battery-powered tone dialer; and the $229.95 Voice Organizer, which recognizes spoken dates and plays back appointments. A variety of security devices, including a doorstop alarm, are also shown.

All Other Miscellaneous Manufacturing, Manufacturing industries, not elsewhere classified, Travel Accessories, Marketing, Equipment and supplies, Magellan's, Travelers

Similar abstracts:

• Abstracts: Marketing-oriented pricing strategies. Minding the store in the age of cyber-marketing
• Abstracts: When you're sick on the road. Be a believer to be an achiever. Super-fast wellness strategies for planes, trains and automobiles
• Abstracts: Growing threat of cyberthieves in the intellectual marketplace. Board is expected to ban student use of laser pointers
• Abstracts: The race to the bottom. The view from the bottom. Getting ready to bounce off the bottom
• Abstracts: The Business of Software Licensing at the University of Waterloo. WP Software for IBM PCs

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.