Baxter's recipe to succeed
Article Abstract:
Audrey Baxter has recently assumed the position of managing director at Baxters of Speyside, a food company owned by her family since the 19th century. The 31-year old managing director, who initially did not want to join the family business, has a degree in economics and finance and a post-graduate diploma in accountancy and finance. After getting her degrees, Audrey went on to work in the international banking operations of Kleinwort Benson. In 1987, after staying away from Baxters for eight years, she decided to get involved in the running of the firm. Audrey spent six months re-acquainting herself with the company's operations, working in the marketing department, in the finance department, and then as commercial director. Although she has different ideas about some management issues, Audrey does not feel compelled to 'make her mark' and introduce unnecessary changes.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1992
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Paper model
Article Abstract:
Paper manufacturer Arjo Wiggins Fine Papers operates a paper mill on the river Don Pong in Aberdeen, Scotland. The company's paper mill releases cellulose solutions into the river which decompose into hydrogen sulphide and destroy the aquatic environment. The plant also emits electrical and steam heat which is not good for the atmosphere. To eliminate the damage its mill was creating on the surrounding environment, Arjo Wiggins built a combined cycle plant. The plant consists of biological water tanks that contain microbes which purify the cellulose solution and a gas turbine that generates more electricity. The combined cycle plant won the National Energy Award for the company for its 82% energy efficiency level.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1992
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Waste not, want not, say SME
Article Abstract:
Shanks & McEwan (SME) successfully went from near-bankruptcy in 1980 to being today's largest waste treatment company in the U.K., thanks to its top three executives. Under the management of Chmn Peter Runciman, CFO Alastair Fowler, and CEO of waste management Roger Hewitt, SME underwent major changes including the restructuring of the group's capital, computerization of the accounting, and expansion of the sphere of operations. Divisional managing directors take charge of day-to-day operations, but the overall management policy is strictly determined by Runciman, Fowler, and Hewitt. SME's main goal at the moment is to achieve a bigger market share of the waste business in the U.K.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1991
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