The ITT Wars
| Author | : | |
| Rating | : | 4.78 (817 Votes) |
| Asin | : | 080500825X |
| Format Type | : | paperback |
| Number of Pages | : | 241 Pages |
| Publish Date | : | 0000-00-00 |
| Language | : | English |
DESCRIPTION:
Director, The Hartford Financial Services Group, Inc. Araskog is a member of The Business Council and The Business Roundtable. Mr. Mr. He is a director of Hartford Financial Services Group, Inc., ITT Educational Services, Inc., Alcatel Alsthom of France, Dow Jones & Company, Inc., Rayonier Inc., and Shell Oil Company. He is a member of the Capital Committee. Director, Rayonier Inc. Araskog, 66, was chairman and chief executive of ITT Corporatio
Hostile takeover soap opera Dextra L. Suggs As an ITT employee, I commend Rand Araskog for defending the company from demise; but the book reads more like a soap opera than anything else. Disgruntled employees and ruthless billionaires all take a shot at Mr. Araskog and his executive leadership. In the end, he walks away with the company and his sanity; albeit, a little banged up, but essentially intact. For that, I say, "well done Mr. Araskog!" Well done! However, but for the fact that. Don't waste your money Harold Geneen once said that he wanted ITT so tightly organized that when he left even Mickey Mouse could run it. Unfortunately Mickey Mouse (in the body of Rand Araskog) was actually named (or rather ironically, forced on the board by Geneen himself) It turned out that Mickey Mouse couldn't run the company. This book is an attempt to whitewash the fact that Araskog destroyed ITT, left the shareholders holding the bag, but made himself rich in. "Sincere, honest, and educational" according to Enji. Probably once you think about it, all corporations have their stories. ITT has one that is worth writing about and learning from. The book chronicles the struggles, troubles and eventual triumph of a company in the midst of hostile takeovers. The preface and postlogue in this edition makes it even more interesting that we are given as much as 10 years worth of lookin back by the author himself.It's a good book to check out.
. Throughout the text, he also makes stinging indictments of insider trading and lists steps to correct what he sees as a real threat to healthy and sociologically sound business entities. From Library Journal Araskog, Minnesota farm boy who became CEO of ITT, provides an in-depth look at recent tumultuous events (1980-87) in the company's history. Araskog details his fending off of the raiders and his bold moves to pull off a badly needed joint venture with French telecommunications giant CGE. Araskog writes fairly well, but his prose will not stimulate anyone who does not already have a burning interest in ITT. Turkalo, Social Law Lib., BostonCopyright 1989 Reed Business Information, Inc. Racked by burdening debt, ITT became a ripe candidate for corporate raiders. For large subject collections.- David M. The players involved are obviously very important to the narrative, but their relative obscurity
The book The ITT Wars written by Rand V. Araskog consist of 241 pages. It published on 0000-00-00. This book available on paperback format but you can read it online or even download it from our website. Just follow the simple step.