Think Mogully, Act Locally
Terry Golden isn't the CEO of a major company anymore. And he isn't an elected official. But he's got more juice than either one.
Cover Story
Terry Golden likes to make lists. In 1985, when he took over as the administrator of the U.S. General Services Administration (GSA), he brought an inventory of 10 things he wanted to accomplish, including one that led to the first ban on smoking in federal buildings. He even had these goals printed out on a card that he passed out to agency workers. By the time Golden stepped down, in 1988, he could check all the items off.
When he became president and CEO of Host Marriott Corp., in 1995, he brought a plan to build up the 2-year-old offshoot of the Marriott Corp. By the time he left, in May 2000, the company had tripled in size and doubled its earnings.
"Concrete goals. Definitive outcomes--that's Terry," says D.C. Mayor Anthony A. Williams.
The goals that Golden sets for himself, however, are not the laundry-list variety. Trivialities such as "Upgrade office computers" or "Make sure budget records are in order" don't make the cut.
For Golden, lists express ambition. These days, he is chair and CEO of Bailey Capital Corp., his own real-estate investment firm, but he makes time for his true vocation. As a roving bigwig in the District, Golden, 58, has set out to remake entire neighborhoods and overhaul an ailing urban school system. He doesn't quite put it that way himself, of course. He might say, "The District should be an example of a city that takes care of its own," or "Every child should have an quality education." But in his head, he's always thinking about how many steps lie between here and there. ... Continued 
Issue of Feb. 14 - 20, 2003
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Music Review - "Dirrty"
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Music Review - The Last Waltz
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