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Alfred P. Sloan by John Cunningham Wood,Michael C. Wood Pdf
This two-volume collection looks at the life and work of Alfred Pritchard Sloan, Jr. (1875-1966), chief executive of General Motors from 1923 to 1946, whose unique and ahead-of-its-time management style left an indelible mark on business and management studies.Also featuring an extensive bibliography, this set will prove valuable to business students and researchers alike.
The roller-coaster life of the flamboyant creator of General Motors William C. Durant did big things the big way: he overreached, but, until his final failure, he picked up the pieces time after time to confound his competitors. From a turbulent childhood in the small town of Flint, Michigan, to his phenomenal success in creating General Motors, Durant's meteoric career easily rivals the success stories of modern legends like Ted Turner, Rupert Murdoch, and Bill Gates. With his trademark smile and personal charisma, Durant assembled General Motors in a few short years, buying companies at the rate of one every thirty days. Durant's deal-making artistry even tempted Henry Ford, and had Durant upped his acquisition price Ford would be a division of GM today. Durant's story illuminates the conflict between innovation and control of innovation -of the uneasy alliances struck again and again between inventors and their sources of capital. His years of heady success building General Motors were marked by epic struggles with bankers. But he depended on only a few sources of big money to finance his exploding business, and pitted himself against forces he underestimated or refused to consider. Gambling on a run on GM stock, he was finally forced into a buyout that ousted him from his role in the GM empire. Into the dramatic tale of this early twentieth-century mogul come the fascinating automotive pioneers -Henry Ford, David Buick, Charles Nash, Albert Champion, Louis Chevrolet, and Alfred P. Sloan. On Wall Street, J. P. Morgan turned down Durant's request for a loan while Pierre du Pont invested in Durant's expansion. Tracing the fortunes of a man and his era, The Deal Maker is a fast-paced, rousing tale of Durant's dizzying success and ultimate failure.
Billy, Alfred, and General Motors by William Pelfrey Pdf
This book is the tale not just of the two extraordinary men of its title but also of the formative decades of twentieth-century America, through two world wars and changes in business, industry, politics, and culture. You couldn’t find two more different men. Billy Durant was the consummate salesman, a brilliant wheeler-dealer with grand plans, unflappable energy, and a fondness for the high life. Alfred Sloan was the intellectual, an expert in business strategy and management, master of all things organizational. Together, this odd couple built perhaps the most successful enterprise in U.S. history, General Motors, and with it an industry that has come to define modern life throughout the world. In Billy, Alfred, and General Motors, business leaders and history buffs alike will discover: timeless lessons, cautionary tales, and motivational inspiration. The book includes vivid, warts-and-all portraits of the legends of the golden age of the automobile, from Henry Ford, Ransom Olds, and Charles Nash to the brilliant but uncredited David Dunbar Buick and Cadillac founder Henry Leland. The impact of Durant and Sloan on their contemporaries and their industry is matched only by the powerful legacy of their improbable and incredible partnership. Characters, events, and context -- all are brought skillfully and passionately to life in this meticulously researched and supremely readable book.
Edwin Campbell was born in rural Ontario, graduated from medical school and settled in Flint where he met Billy Durant and married Durant's daughter Margery. Campbell gave up his medical practice in order to work with Durant in the creation of General Motors. When Durant and Campbell lost control of GM in 1910, Campbell became a founder of the Chevrolet Motor Company which he and Durant built up so that they could use Chevrolet shares to regain control of GM. Campbell's early friendship with Sam McLaughlin as a contributing factor to the creation of General Motors of Canada. Durant became a Wall Street guru and helped Campbell to become immensely wealthy. The Campbells moved to New York and became immersed in the social life of the city. After their divorce in 1919 Margery wound her way through a number of well publicized affairs and marriages. Following Campbell's death in 1929, Durant's life began slow spiral into ill health and eventual poverty. Margery was introduced to her fourth husband by her friend Amelia Earhart. This biography takes the reader through the intrigue of the automotive history of the early twentieth century, as well as the social history of the period.
Rainbow's End tells the story of the stock market collapse in a colorful, swift-moving narrative that blends a vivid portrait of the 1920s with an intensely gripping account of Wall Street's greatest catastrophe. The book offers a vibrant picture of a world full of plungers, powerful bankers, corporate titans, millionaire brokers, and buoyantly optimistic stock market bulls. We meet Sunshine Charley Mitchell, head of the National City Bank, powerful financiers Jack Morgan and Jacob Schiff, Wall Street manipulators such as the legendary Jesse Livermore, and the lavish-living Billy Durant, founder of General Motors. As Klein follows the careers of these men, he shows us how the financial house of cards gradually grew taller, as the irrational exuberance of an earlier age gripped America and convinced us that the market would continue to rise forever. Then, in October 1929, came a "perfect storm"-like convergence of factors that shook Wall Street to its foundations. We relive Black Thursday, when police lined Wall Street, brokers grew hysterical, customers "bellowed like lunatics," and the ticker tape fell hours behind. This compelling history of the Crash--the first to follow the market closely for the two years leading up to the disaster--illuminates a major turning point in our history.
Author : Charles K. Hyde Publisher : Wayne State University Press Page : 328 pages File Size : 48,5 Mb Release : 2009-11-15 Category : Business & Economics ISBN : 9780814340868
Storied Independent Automakers by Charles K. Hyde Pdf
With roots extending back to the first decade of the twentieth century, Nash Motor Company and the Hudson Motor Car Company managed to compete and even prosper as independent producers until they merged in 1954 to form the American Motors Company, which itself remained independent until it was bought in 1987 by the Chrysler Corporation. In Storied Independent Automakers, renowned automotive scholar Charles K. Hyde argues that these companies, while so far neglected by auto history scholars, made notable contributions to automotive engineering and styling and were an important part of the American automobile industry. Hyde investigates how the relatively small corporations struggled in a postwar marketplace increasingly dominated by the giant firms of Ford, General Motors, and Chrysler, which benefited from economies of scale in styling, engineering, tooling, marketing, and sales. He examines the innovations that kept the independents' products distinctive from those of the Big Three and allowed them to survive and sometimes prosper against their larger competitors. Hyde also focuses on the visionary leaders who managed the companies, including Charles Nash, Roy D. Chapin, Howard Coffin, George Mason, George Romney, and Roy D. Chapin Jr., who have been largely unexamined by other scholars. Finally, Hyde analyzes the ultimate failure of the American Motors Company and the legacy it left for carmakers and consumers today. Storied Independent Automakers is based on extensive research in archival collections generated by the three companies. Residing in large part in the DaimlerChrysler Corporate Collection, these sources have been seldom tapped by other scholars before this volume. Auto historians and readers interested in business history will enjoy Storied Independent Automakers.
Today, consumer credit, employee stock options, and citizen investment in the stock market are taken for granted--fundamental facts of American economic life. But few people realize that they were first widely promoted by John Jakob Raskob (1879-1950), the innovative financier and self-made businessman who built the Empire State building, made millions for DuPont and General Motors, and helped shape the contours of modern capitalism. David Farber's Everybody Ought to Be Rich is the first biography of Raskob, a man who shunned the limelight (he was the anti-Trump of his time) but whose impact on free market enterprise can hardly be overstated. A colorful figure, Raskob's life evokes the roaring twenties, the Catholic elite, the boardrooms of America's biggest corporations, and the rags-to-riches tale that is central to the American dream. Farber follows Raskob's remarkable trajectory from a teenage candy seller on the railway between Lockport and Buffalo to the pinnacles of wealth and power. With no formal education but possessed of a boundless energy and an unshakeable faith in individual initiative (his motto was "Go ahead and do something!"), Raskob partnered with great industrialists and financiers, buying up companies, leveraging investments, reorganizing corporations, funneling money into the political system, and creating new pools of credit for rich investors and middle class consumers alike--practices commonplace today but revolutionary at the time. His most famous innovation was mass consumer credit, which he offered to individual car buyers, enabling working and middle-class Americans to purchase GM's more expensive cars. Raskob desperately wanted to bridge class divides and to share the wealth American corporations were fast creating--so that everyone could be rich. Chronicling Raskob's short-comings as well as his successes, Everybody Ought to Be Rich illuminates a crucial but little-known figure in American capitalism whose influence can still be felt today.
American Inventors, Entrepreneurs, and Business Visionaries, Revised Edition by Charles Carey Jr. Pdf
Praise for the previous edition: "This fun-to-read source will add spice for economics and business classes..."—American Reference Books Annual "...worthy of inclusion in reference collections of public, academic, and high-school libraries. Its content is wide-ranging and its entries provide interesting reading."—Booklist "A concise introduction to American inventors and entrepreneurs, recommended for academic and public libraries."—Choice American Inventors, Entrepreneurs, and Business Visionaries, Revised Edition profiles more than 300 important Americans from colonial times to the present. Featuring such inventors and entrepreneurs as Thomas Edison and Madame C. J. Walker, this revised resource provides in-depth information on robber barons and their counterparts as well as visionaries such as Bill Gates. Coverage includes: Jeffrey Bezos Michael Bloomberg Sergey Brin and Larry Page Michael Dell Steve Jobs Estée Lauder T. Boone Pickens Russell Simmons Oprah Winfrey Mark Zuckerberg.
Author : Bernard A. Weisberger Publisher : Boston : Little, Brown Page : 426 pages File Size : 45,7 Mb Release : 1979 Category : Automobile industry and trade ISBN : UOM:39015071173002
A biography of William Durant, the daring entrepreneur who bought the faltering Buick Motor Company and co-founded General Motors Company before his financial gambles lost him the presidency of GM and led to bankruptcy. -- Dust jacket.
Author : Will Durant,Ariel Durant Publisher : Simon and Schuster Page : 128 pages File Size : 42,8 Mb Release : 2012-08-21 Category : History ISBN : 9781439170199
The Lessons of History by Will Durant,Ariel Durant Pdf
A concise survey of the culture and civilization of mankind, The Lessons of History is the result of a lifetime of research from Pulitzer Prize–winning historians Will and Ariel Durant. With their accessible compendium of philosophy and social progress, the Durants take us on a journey through history, exploring the possibilities and limitations of humanity over time. Juxtaposing the great lives, ideas, and accomplishments with cycles of war and conquest, the Durants reveal the towering themes of history and give meaning to our own.
One of the wildest, most spectacular decades in American history, the 1920s were a period of unprecedented growth and mass consumerism. In the New Era, people drank in speakeasies, danced to jazz, idolized gangsters, and bet their life savings on stocks. Born and raised in a small Canadian town, Arthur Cutten went to Chicago in 1890 with ninety dollars to his name. Through utter ruthlessness, he amassed a fortune trading in grain futures and stocks. Cutten was heralded as the modern Midas, and his every move was followed by the masses, who believed they could get rich quick. But everything changed after the crash of 1929. The heroes of prosperity became the villains of the Great Depression. Determined to crack down on the “banksters,” the Roosevelt administration launched an all-out attack on those it blamed for the collapse – and Cutten was at the top of the list. A US Senate committee probed how he manipulated stock prices. The Grain Futures Administration moved to bar him from trading. And the Bureau of Internal Revenue indicted him for income tax evasion. But the wily operator won on every count: he emerged from the Senate investigation unscathed, maintained his grain trading privileges after a victory in the Supreme Court, and left almost nothing for the tax collectors upon his death. To Make a Killing tells the tale of Cutten’s journey to fabulous wealth, the forces that propelled him, and the fascinating characters in his life.