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Wednesday, November 2, 2011

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Corner Office: Lynn Blodgett

In a Big Company, Make Everyone an Entrepreneur

Lynn Blodgett of ACS, a unit of Xerox, says that even in huge organizations, employees at all levels should feel “accountable for profits, revenue and customer satisfaction.”

Preoccupations

One Role, With 10,000 Variations

Catherine Russell, who has played the same role in an off-Broadway play for decades, says anyone in a repetitive job “can do things to make their work more interesting.”

Economic View

Dear Ben: It’s Time for Your Volcker Moment

Inflation was high in 1979 when Paul Volcker introduced a new policy framework. Today, Ben Bernanke needs to stage a quiet revolution of his own to tame unemployment.

The Boss

A King of Kosher

The food business has long been important to Paul Bensabat of the Manischewitz Company. He learned his first business lesson selling lollipops at age 6.

Female Wal-Mart Employees File New Bias Case

After the Supreme Court threw out a sex-discrimination case against Wal-Mart, the plaintiffs are trying again by narrowing the class to women in California only.

For Incoming I.B.M. Chief, Self-Confidence is Rewarded

Virginia M. Rometty, who worked her way up during a 30-year career at I.B.M., is a product of the company’s longstanding commitment to diversity.

With New Labor Contracts, Detroit Protects Turnaround

The four-year contracts that Detroit’s automakers signed with the United Automobile Workers ensure that labor costs will remain manageable in the near future.

Chrysler Workers Approve Pact That Adds 2,100 U.S. Jobs

Union officials said about 55 percent of the automaker’s 23,000 hourly workers backed a contract that would add jobs in the United States.

The Boss

The Start-Up Advantage

Garrett Camp of StumbleUpon describes what it was like to sell the company and then buy it back.

Career Couch

Should 65 Be Your Magic Number?

Finances shouldn’t be your only consideration in deciding when to retire, experts say. Your health — physical and mental — are important, too.

The Little State With a Big Mess

After decades of drift, denial and inaction, Rhode Island’s $14.8 billion pension system is in crisis. And its outcome could be a portent for other states.

Wal-Mart Cuts Some Health Care Benefits

Citing rising costs, Wal-Mart is substantially rolling back coverage for part-time workers and significantly raising premiums for many full-time staff.

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Postal Union Turns to Wall Street for Advice on Its Future

The letter carriers are enlisting Ron Bloom, a former investment banker, and Lazard, the big financial firm, to help forge a strategy to revitalize the postal service.

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