Alfred Sloan
Alfred P. Sloan, Jr. was born in May 1875 in New Haven, Connecticut, as the first of five children to Alfred P. Sloan, Sr. and Katherine Sloan. In 1885, he moved with his family to Brooklyn, New York. Once there, Alfred became known for his academic prowess in public schools and at the Brooklyn Polytechnic Institute (Who Was Alfred P. Sloan, Jr.?, 2014). After initial delays in acceptance to the Massachusetts Institute of Technology, he went on to receive his Electrical Engineering degree in 1892.
After graduation, Alfred began working in a small machine shop in Newark, New Jersey, called the Hyatt Roller Bearing Company. During his time as an employee, Alfred looked for a way to improve the company share and was able to convince the company to begin manufacturing antifriction bearings for automobiles. In 1899, at the age of 24, Alfred Sloan became president of Hyatt Roller Bearing Company and assumed responsibility for all aspects of the business. Under his leadership and direction, Hyatt grew rapidly and the company’s bearings became the standard for the automobile industry. In fact, Oldsmobile was the first automotive customer for Hyatt, with other manufacturers soon following. In 1916, Hyatt Roller Bearing Company along with other automotive manufacturers, merged with United Motors Corporation. Alfred Sloan, Jr. was appointed president of the newly formed entity. After two years of continued growth, United Motors merged with General Motors Company to form General Motors Corporation. Again, Alfred assumed a leadership role with the merge, becoming Vice President in Charge of Accessories and serving as a member of the Executive Committee. His success in the company continued and he became President of...
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...up receiving a government loan or bailout in order to maintain operations because it was so resistant to change.
Of the two styles, I believe that Henry Ford’s is the more successful and lasting of the two. He had the ability to build upon his failures and never lost sight of the bigger picture.
Bibliography
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Henry Ford was the pioneer of the American automobile industry. He was born in 1863 near Dearborn, Michigan. Forty years later he started Ford Motor Company with the help of Thomas Edison. In 1908, Henry Ford forever changed the world with his Model T. Ford was known as a revolutionary person for not only making the automobile inexpensive but also for teaching workers proper skills and paying them steady wages. (Henry Ford Bio, 1) Only a mere six years later, Ford changed the world again with his invention of the moving assembly line in 1914. With the modern assembly line he was now able to mass produce his Model T. Nearly everything mass produced in the world is assembled on an assembly line thanks to Ford’s 100 year old idea. Not only did Ford make life easier for civilians by giving them affordable access to
Henry Ford is responsible for “perhaps the most revolutionary development in industrial history.” (Watts 2005,
This radical idea of the automobile permeated throughout America with most, if not all credit renowned to Henry Ford. Observed as a technological mastermind, Ford commenced experiments involving machinery from the time he was adolescent to launching his career working at the Edison Illuminating Company. He examined internal combustion engines and gasoline buggy ideas eventually resulting in removing himself from Edison’s company and his introduction in the emerging automobile industry. Following in 1903, he established the Ford Motor Company, which expeditiously became a leader in the automotive industry and would gain extensive wealth within only a few decades. While other manufacturers strove to produce automobiles to be extravagant and luxurious predominantly for the wealthy, he immensely focused on efficient mass production of durable, affordable vehicles for the expanding middle-class market.
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Henry Ford was one of the most brilliant entrepreneurs in creating the automobile assembly line, it was his controversial characteristics and unorthodox approach towards administrating the Ford Motor Company which resulted in the conglomeration of one of the most successful corporations in the world. At the turn of the century everything was booming! The growth of the economy and stock market increased the job opportunities as well as morals. As a result of this industrial revolution, out of the woodwork came a humble yet driven man, Henry Ford. Between the five dollar/day plan, his policies on administrating the company, and his relations with his customers, Ford was often presented as a suspicious character. This controversial behavior epitomized the success of the company, it did not lead to his own downfall as many suspect. The Anti-Semitic accusations, and the belief that Ford was taking advantage of his customers, were by far overshadowed by his brillianc!e and strong hand in running his company.
Paul revere [Web]. (2014). Retrieved from Paul Revere. (2014). The Biography Channel website. Retrieved 05:16, Mar 15, 2014, from http://www.biography.com/people/paul-revere-9456172.
Charles Franklin Kettering was born on a farm near Loundonville, Ohio, August 29, 1876. After graduation from high school, he accepted a teaching position in a one-room rural school. Although highly successful as a teacher, his mind was set on going to college.
Henry Ford was a captain of industry. He owned Ford Motors, which was an automobile company. Ford was a man who always wanted his own way and he got it most of the time. The creation he is most famous for is the FORD MODEL T, the car for the commoners. His car became an instant hit amongst the people- the local people and the working class of people because it was very affordable and was not just for the rich. Ford was a very successful businessman but not particularly a nice guy. He expected a lot from his workers but thing is that he also cared for his workers, because he knew that not only were they dependent on him but also that he depended upon them, they were the ones due to which he was gaining popularity and success throughout America. Ford’s great strength was the manufacturing process for his cars. Instead of having people put together the entire car he created organized teams that added parts to the Model T as it moved down the assembly line, this lowered the production prices and also the time and energy required to put together the cars.
Henry Ford was one of the most important and influential inventors and businessmen in the short history of America. He revolutionized the business world and he changed forever the efficiency of factories around the world. One of the reasons that Henry Ford can be considered such an important man is that his ideas and concepts are still used today. Boron on July 30, in the year of 1863, Henry Ford was the oldest child of the family. His parents, William and Mary Ford, were “prosperous farmers” in his hometown of Dearborn. While they we’re well off for farmers, Ford certainly wasn’t spoiled and fed from silver spoons. Ford was just like any other typical young boy during the rural nineteenth century. From early on there we’re signs that Henry was going to be something more than a farmer. He looked with interest upon the machinery that his father and himself used for their farming, and looked with disdain at the rigorous chores of a farmer. In the year 1879, Henry being a meager 16 years old, he moved to the city of Detroit where he would work as an apprentice machinist. Henry would remain in Detroit working and learning about all varieties of machines. Although he occasionally came back to visit Dearborn, he mostly stayed in Detroit, picking up more and more valuable knowledge. This apprenticeship allowed him to work in the factories of Detroit and learn what a hard working blue-collar job was like. When he did return to Dearborn he was always tearing apart and rebuilding his fathers machines, along with the dreaded farm chores. Henry Ford was a hard worker and that was proven by him getting fired from one of his jobs in Detroit because the older employees we’re mad at him because he was finishing his repairs in a half hour rather than the usual five hours. Clara Bryant would represent the next step in now twenty-five year old Henry Ford’s life. The two lovers we’re married in 1888 and would endure good times as well as bad. In order to support his new wife Henry was forced to work the land as he ran a sawmill that was given to him by his father. His father actually attempted to bribe Henry to stay in the farming business as he gave him the land only under the condition that he would continue on as a farmer.
In the end it's clear that Henry Ford did our country a very big survase and he did the right thing. Sticking with his ideas and standing by them the whole time and fighting for them. And coming out on top.
When Henry Ford was born on June 30th, 1863, neither him nor anyone for that matter, knew what an important role he would take in the future of mankind. Ford saw his first car when he was 12. He and his father where riding into Detroit at the time. At that moment, he knew what he wanted to do with his life: he wanted to make a difference in the automobile industry. Through out his life, he achieved this in an extraordinary way. That is why he will always be remembered in everyone’s heart. Whenever you drive down the road in your car, you can thank all of it to Henry Ford. Through his life he accomplished extraordinary achievements such as going from a poor farm boy to a wealthy inventor who helped Thomas Edison. When he was a young man, he figured out how to use simple inventions, such as the light bulb. He then taught himself the design of a steamboat engine. His goal was to build a horse-less carriage. He had come up with several designs and in 1896, he produced his first car, the Model A. When Ford’s first car came out, he had been interviewed by a reporter and when asked about the history of the car, he had said “History is more or less bunk.” Ford worked in Thomas Edison’s factory for years and the left to become an apprentice for a car-producer in Detroit. While working there, he established how he was going to make the car.
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Henry Ford began a family automobile business in 1903; this was during the industrial revolution. This business has become the most famous automobile brand in the world. Over the years the business structure had adapted to changes in leadership, markets trends and the economic conditions. The Ford family still controls the company through multiple voting shares, even though it owns a much lower proportion of the equity