Solve this real-time business problem and you've got a shot at the job. The country's money managers see borders as irrelevant when they are picking stocks. Portfolio managers don't want to own the best technology outsourcing play or grocery chain in Canada, because there's only one or two candidates in either sector. While millions of other children returned to school last week, Charles Farmer followed a different path. There, beside the dry cleaner, he stepped into an abandoned supermarket.
Management makes corrections.
His magazines exert a powerful influence on how Canadians cook, dress and decorate their homes. The Canadian Olympic Association has a three-person short list for the post of chief executive officer, but 1984 Olympic swim hero Alex Baumann is not on it. Baumann has lived for a decade in Australia and helped build that country's swim dynasty, but he is thought to be too far out of touch with Canada's corporate community to head the COA, an association source said. But two key federal ministers who met with top GM officials were not able to persuade the company to maintain a full car-assembly plant at the Quebec location. Stan Thomas, president and chief operating officer of Shoppers Drug Mart Ltd., has stepped down, and industry sources say the move signals further changes at the firm's head office.