Klaus Agthe
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Klaus Agthe
Klaus Erich Agthe (born August 12, 1930 in Niederholzhausen, Province of Saxony, Prussia, Germany) is a German-born businessman and author. Childhood and education Klaus Agthe grew up in Apolda in the province of Thuringia, Germany, went to school in Weimar and studied business administration at the Humboldt University in Berlin under Professor Konrad Mellerowicz. Agthe had not been admitted to the University but travelled to Berlin anyway and, without an appointment, introduced himself to Mellerowicz, who organized his matriculation, though he had never met Agthe before. In the course of his studies, he eventually followed Mellerowicz to the Technical University of Berlin where he received his doctorate in 1958 with the work "Die Abweichungen in der Plankostenrechnung." He was sponsored by Professor Mellerowicz.Agthe, Klaus (2008):''Shadows of War: A German Life in the Century of Extremes'', USA: BookSurge Publishing () In the interim, Agthe had spent a year studying at Indi ...
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Business Administration
Business administration, also known as business management, is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. From the point of view of management and leadership, it also covers fields that include office building administration, accounting, finance, designing, development, quality assurance, data analysis, sales, project management, information-technology management, research and development, and marketing. Overview The administration of a business includes the performance or management of business operations and decision-making, as well as the efficient organization of people and other resources to direct activities towards common goals and objectives. In general, "administration" refers to the broader management function, including the associated finance, personnel and MIS services. Administration can refer to the bureaucratic or operational performance of routine of ...
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Indiana
Indiana () is a U.S. state in the Midwestern United States. It is the 38th-largest by area and the 17th-most populous of the 50 States. Its capital and largest city is Indianapolis. Indiana was admitted to the United States as the 19th state on December 11, 1816. It is bordered by Lake Michigan to the northwest, Michigan to the north, Ohio to the east, the Ohio River and Kentucky to the south and southeast, and the Wabash River and Illinois to the west. Various indigenous peoples inhabited what would become Indiana for thousands of years, some of whom the U.S. government expelled between 1800 and 1836. Indiana received its name because the state was largely possessed by native tribes even after it was granted statehood. Since then, settlement patterns in Indiana have reflected regional cultural segmentation present in the Eastern United States; the state's northernmost tier was settled primarily by people from New England and New York, Central Indiana by migrants fro ...
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Allmänna Svenska Elektriska Aktiebolaget
''Allmänna Svenska Elektriska Aktiebolaget'' (English translation: General Swedish Electrical Limited Company; Swedish abbreviation: ASEA) was a Swedish industrial company. History ASEA was founded in 1883 by Ludvig Fredholm in Västerås as a manufacturer of electrical light and generators. After merging with Wenström's & Granström's Electrical Power Company (''Wenströms & Granströms Elektriska Kraftbolag'') the name was changed to ''Allmänna Svenska Elektriska Aktiebolaget'', literally the "General Swedish Electrical Limited Company", or a ''ASEA'' for short. In 1987, it announced a merger with the Swiss company Brown, Boveri & Cie (BBC) to form ABB Group. ABB Group began operations in 1988. After this merger, ABB Group acquired several companies, including the power transmission and distribution operations of the Westinghouse Electric Corporation and the Combustion Engineering Group. *1889 - the partner Jonas Wenström creates 3-phased generators, motors and transfor ...
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Brown Boveri
Brown, Boveri & Cie. (Brown, Boveri & Company; BBC) was a Swiss group of electrical engineering companies. It was founded in Zürich, in 1891 by Charles Eugene Lancelot Brown and Walter Boveri who worked at the Maschinenfabrik Oerlikon. In 1970 BBC took over the Maschinenfabrik Oerlikon. In 1988 it merged with ASEA to form ABB. Early History of BBC Brown Boveri BBC Brown Boveri was established in 1891. The company was one of only a few multinational corporations to operate subsidiaries that were larger than the parent company. Because of the limitations of the Swiss domestic market, Brown Boveri established subsidiaries throughout Europe relatively early in its history, and at times had difficulty maintaining managerial control over some of its larger operating units. The merger with ASEA, a company which was praised for its strong management, was expected to help Brown Boveri reorganize and reassert control over its vast international network. Activity in Britain Brown Boveri' ...
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Asia
Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an area of , about 30% of Earth's total land area and 8.7% of Earth's total surface area. The continent, which has long been home to the majority of the human population, was the site of many of the first civilizations. Its 4.7 billion people constitute roughly 60% of the world's population. In general terms, Asia is bounded on the east by the Pacific Ocean, on the south by the Indian Ocean, and on the north by the Arctic Ocean. The border of Asia with Europe is a historical and cultural construct, as there is no clear physical and geographical separation between them. It is somewhat arbitrary and has moved since its first conception in classical antiquity. The division of Eurasia into two continents reflects East–West cultural, linguistic, ...
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Africa
Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area.Sayre, April Pulley (1999), ''Africa'', Twenty-First Century Books. . With billion people as of , it accounts for about of the world's human population. Africa's population is the youngest amongst all the continents; the median age in 2012 was 19.7, when the worldwide median age was 30.4. Despite a wide range of natural resources, Africa is the least wealthy continent per capita and second-least wealthy by total wealth, behind Oceania. Scholars have attributed this to different factors including geography, climate, tribalism, colonialism, the Cold War, neocolonialism, lack of democracy, and corruption. Despite this low concentration of wealth, recent economic expansion and the large and young population make Afr ...
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Middle East
The Middle East ( ar, الشرق الأوسط, ISO 233: ) is a geopolitical region commonly encompassing Arabian Peninsula, Arabia (including the Arabian Peninsula and Bahrain), Anatolia, Asia Minor (Asian part of Turkey except Hatay Province), East Thrace (European part of Turkey), Egypt, Iran, the Levant (including Syria (region), Ash-Shām and Cyprus), Mesopotamia (modern-day Iraq), and the Socotra Governorate, Socotra Archipelago (a part of Yemen). The term came into widespread usage as a replacement of the term Near East (as opposed to the Far East) beginning in the early 20th century. The term "Middle East" has led to some confusion over its changing definitions, and has been viewed by some to be discriminatory or too Eurocentrism, Eurocentric. The region includes the vast majority of the territories included in the closely associated definition of Western Asia (including Iran), but without the South Caucasus, and additionally includes all of Egypt (not just the Sina ...
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Continental Can Company
Continental Can Company (CCC) was an American producer of metal containers and packaging company, that was based in Stamford, Connecticut."CONTINENTAL GROUP COMPANY." ''International Directory of Company Histories''. Ed. Thomas Derdak. Vol. 1. Chicago, IL: St. James Press, 1988. ''Business Insights: Essentials''. Web. 6 Dec. 2018. The Continental Can Company was founded by Edwin Norton T.G. Cranwell in 1904, three years after the formation of its greatest rival, American Can Company. Continental acquired the patents of United Machinery Company, one of the few companies producing can-making machinery that had not been bought by American Can. CCC began shipping product in 1905. During World War II, Continental Can Company helped the war effort by building aircraft parts and bombs in their manufacturing plants. The United Steelworkers of America was the union representing hundreds of manufacturing workers at Continental Can Company. In 1956, CCC acquired the Hazel-Atlas Glass Com ...
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Executive Board
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ...
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Braunschweig
Braunschweig () or Brunswick ( , from Low German ''Brunswiek'' , Braunschweig dialect: ''Bronswiek'') is a city in Lower Saxony, Germany, north of the Harz Mountains at the farthest navigable point of the river Oker, which connects it to the North Sea via the rivers Aller and Weser. In 2016, it had a population of 250,704. A powerful and influential centre of commerce in medieval Germany, Brunswick was a member of the Hanseatic League from the 13th until the 17th century. It was the capital city of three successive states: the Principality of Brunswick-Wolfenbüttel (1269–1432, 1754–1807, and 1813–1814), the Duchy of Brunswick (1814–1918), and the Free State of Brunswick (1918–1946). Today, Brunswick is the second-largest city in Lower Saxony and a major centre of scientific research and development. History Foundation and early history The date and circumstances of the town's foundation are unknown. Tradition maintains that Brunswick was created through the merge ...
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ITT Corporation
ITT Inc., formerly ITT Corporation, is an American worldwide manufacturing company based in Stamford, Connecticut. The company produces specialty components for the aerospace, transportation, energy and industrial markets. ITT's three businesses include Industrial Process, Motion Technologies, and Connect and Control Technologies. ITT has approximately 10,000 employees in more than 35 countries and serves customers in well over 100 countries. The company's long-standing brands include Goulds Pumps, Cannon connectors, KONI shock absorbers and Enidine energy absorption components. The company was founded in 1920 as International Telephone & Telegraph. During the 1960s and 1970s, under the leadership of CEO Harold Geneen, the company rose to prominence as the archetypal conglomerate, deriving its growth from hundreds of acquisitions in diversified industries. ITT divested its telecommunications assets in 1986. In 1995, the company sold off its hospitality portfolio, including ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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