Posted by Goose on February 09, 2012 at 15:36:43 from (173.190.237.126):
Back in the mid 1970’s, a gentleman by the name of Robert Townsend took Avis out of their financial doldrums and put them second to Hertz in the car rental business. Townsend subsequently wrote a book entitled “Up The Organization” relating his experiences at Avis.
When Townsend was made President of Avis, he set his own salary at a modest $30,000 per year. The Board of Directors told him it wasn’t enough, he should pay himself at least $50,000. Townsend’s response to the Directors was, “Right now you can’t afford to pay me $50,000. When I get this company turned around and profitable, we’ll talk about a pay raise”.
Wouldn’t it be nice if the same level of honesty and integrity prevailed in Corporate America today?
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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