Cloth $30.00 ISBN: 9780226238043 Published November 2002
Paper $15.00 ISBN: 9780226238050 Published February 2005

Sloan Rules

Alfred P. Sloan and the Triumph of General Motors

David Farber

 Sloan Rules
Bookmark and Share
Read an interview with the author.

David Farber

299 pages | 12 halftones | 6 x 9 | © 2002
Cloth $30.00 ISBN: 9780226238043 Published November 2002
Paper $15.00 ISBN: 9780226238050 Published February 2005
Alfred P. Sloan Jr. became the president of General Motors in 1923 and stepped down as its CEO in 1946. During this time, he led GM past the Ford Motor Company and on to international business triumph by virtue of his brilliant managerial practices and his insights into the new consumer economy he and GM helped to produce. Bill Gates has said that Sloan's 1964 management tome, My Years with General Motors, "is probably the best book to read if you want to read only one book about business." And if you want to read only one book about Sloan, that book should be historian David Farber's Sloan Rules.

Here, for the first time, is a study of both the difficult man and the pathbreaking executive. Sloan Rules reveals the GM genius as not only a driven manager of men, machines, money, and markets but also a passionate and not always wise participant in the great events of his day. Sloan, for example, reviled Franklin Roosevelt and the New Deal; he firmly believed that politicians, government bureaucrats, and union leaders knew next to nothing about the workings of the new consumer economy, and he did his best to stop them from intervening in the private enterprise system. He was instrumental in transforming GM from the country's largest producer of cars into the mainstay of America's "Arsenal of Democracy" during World War II; after the war, he bet GM's future on renewed American prosperity and helped lead the country into a period of economic abundance. Through his business genius, his sometimes myopic social vision, and his vast fortune, Sloan was an architect of the corporate-dominated global society we live in today.

David Farber's story of America's first corporate genius is biography of the highest order, a portrait of an extraordinarily compelling and skillful man who shaped his era and ours.
"Early in the auto industry's history, Alfred P. Sloan trounced the monolith that was Henry Ford, turning the ambitious but messily sprawling empire of General Motors into a smoothly-humming money-making machine. His 1964 book on management, My Years with General Motors, is a business classic, and his methods placed GM at the top of the automobile world, yet he remains unknown. . . ."



"Jack Welch, Lou Gerstner and even Ken Lay can all trace their corporate CEO DNA back to one man: Alfred P. Sloan, who, for better and for worse, created the architecture and the mores of the 20th Century American corporation. In the 1920s Sloan took a chaotic hodgepodge of companies assembled under a financial umbrella called General Motors and turned it into the world's dominant auto manufacturer, a ruthlessly efficient generator of profits that managed to thrive even during the Great Depression. . . . It is easy to see why a biographer would be interested in exploring the origins and complexities of such an influential person. David Farber has taken up that challenge in Sloan Rules."



"Everybody knows about Henry Ford. Much less is known about the man who defined the modern automobile industry and developed management theories that exist to this day. That's how Alfred Pritchard Sloan Jr. would have wanted it. . . . Nonetheless, Mr. Farber succeeds in portraying Sloan and his legacy. . . . The great strength of Sloan Rules is its balance. Mr. Farber might have ranted about Sloan's blindness to anything other than profit. Instead, he captures the man's accomplishments and failures matter-of-factly. 'We still live and wrestle,' he writes, 'with Alfred Sloan's truths.'"—Paul Ingrassia, Wall Street Journal




"Farber . . . does a good deal with what he's got, demonstrating how the coldly rational Sloan transformed General Motors from a chaotic collection of independent car companies in the early 1920s, when he first took control of it, to an industrial giant poised to dominate the nation's post-war prosperity when he stepped down in 1946."—David Futrelle, Washington Post Book World




"Farber looks more deeply into Sloan than any previous author and finds a man whose rationality was predicated on a loose but powerful vision of the proper role of the corporation in society and of the manager within the corporation. I recommend this study to anyone intersted in modern management or business-government relations."—Thomas Dicke, Technology and Culture


Contents
Prologue
1. Sloan's Work
2. Sloan the Executive
3. Sloan Navigates a New Course
4. Sloan in Control
5. Sloan Enters Society
6. Mr. Sloan Goes to Washington
7. Sloan and the New Deal
8. Sloan at War
9. Sloan Rules
Afterword
Acknowledgments
Notes
Index
For more information, or to order this book, please visit http://www.press.uchicago.edu
Google preview here

Chicago Manual of Style |

Chicago Blog: Economics

Events in Economics

Keep Informed

JOURNALs