Originally created 05/02/04

Pocket change



Employee Spotlight

WINN-DIXIE STORES INC.

PRODUCT/SERVICE: Retail grocery

LOCATION: Six stores in the Augusta-Aiken market

HEADQUARTERS: Jacksonville, Fla.

CHIEF EXECUTIVE: Frank Lazaran, president and CEO

LOCAL EMPLOYEES: 415 (approximate) 2002

SALES: $12.3 billion (corporate)

HISTORY: Brothers Carl and W.M. Davis, the owners of an Idaho general store, moved to Florida to open a grocery store in Miami in 1925. They later opened more locations and acquired other chains.In 1939, the family bought into the Winn & Lovett chain. In 1955, the company acquired Dixie Home Stores and changed its name to Winn-Dixie. The company, which opened its first Augusta-area store in 1979, continued to expand throughout the Southeast. Today, it runs 1,070 stores in 12 states and the Bahamas.

RECENT NEWS: The company announced last week it plans to cut 10,000 jobs by selling 156 stores and three distribution centers during the next year.

At-work agility

For years, workplace denizens have heard the merits of "flexibility," whether it applies to being an effective manager or a worker able to roll with the career punches.

But one leadership guru thinks the new favored attribute is "agile," like a skilled athlete mentally anticipating moves before making them.

Andrea R. Huff, the executive vice president and a coaching director at Lee Hecht Harrison, says flexibility is about reacting, while agility is about anticipating and being more aggressive.

The hierarchal style of the past is shifting to a more inclusive strategy of leading by influence, Ms. Huff wrote in a recent article. And agile managers are likely to have more influence with their employees, she said.

Getting a loan

The thought of trying to persuade a bank loan officer to invest in your business may cause you anxiety, but remember that banks need to lend money to make money.

The Service Corps of Retired Executives, a nonprofit volunteer business-counseling organization, can help you get your paperwork in order before going to lenders.

To learn more, call the Augusta SCORE office at 793-9998 or the Aiken SCORE office at (803) 641-1111

Time Warner

The company formerly known as AOL Time Warner was created in 1989 when Time Inc. merged with Warner Communications Inc.

Henry R. Luce founded Time Inc. with Briton Hadden in 1922. Their first magazine, Time, summarized a week's worth of news. They added Fortune and Life magazines in the 1930s.

Warner Brothers was founded by Harry, Albert, Jack and Sam Warner and became one of Hollywood's biggest movie studios.