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My Years with General Motors (Review and Analysis of Sloan Jr.'s Book)
My Years with General Motors (Review and Analysis of Sloan Jr.'s Book)
My Years with General Motors (Review and Analysis of Sloan Jr.'s Book)
Ebook49 pages43 minutes

My Years with General Motors (Review and Analysis of Sloan Jr.'s Book)

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The must-read summary of Alfred P. Sloan Jr.'s book "My Years with General Motors: How General Motors Was Built Into the Largest Corporation in the World".

This complete summary of the ideas from Alfred P. Sloan Jr.'s book "My Years with General Motors" shares Alfred P. Sloan Jr.'s experience as a CEO of General Motors from 1923 to 1946. In his book, the author explains the policies and processes he used at General Motors to make it the number one organisation in the automobile industry. By learning about his strategies, you can start applying them to your own business and take your company to the next level.

Added-value of this summary: 
• Save time 
• Understand the key concepts 
• Expand your business knowledge

To learn more, read "My Years with General Motors" to learn about one of the top companies in the world and how it achieved success.
LanguageEnglish
Release dateSep 29, 2014
ISBN9782511016183
My Years with General Motors (Review and Analysis of Sloan Jr.'s Book)

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    My Years with General Motors (Review and Analysis of Sloan Jr.'s Book) - BusinessNews Publishing

    Book Presentation

    My Years with General Motors by Alfred P. Sloan JR.1

    Important Note About This Ebook

    Summary of My Years with General Motors (Alfred P. Sloan JR.)2

    Part 1

    Part 2

    Part 3

    Part 4

    Part 5

    Part 6

    Part 7

    Part 8

    Part 9

    Part 10

    Part 11

    Part 12

    Part 13

    Part 14

    Part 15

    Important Note About This Ebook

    This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.

    Part 1

    Two key events occurred in 1908 which were to have a lasting impact on the automotive industry:

    Henry Ford announced the Model T, and started organizing his company around the concepts of assembly-line production, high minimum wages and a car which would become progressively cheaper as more were manufactured. (Within less than 8 years, the Ford Motor Company would be following this formula to sell more than 500,000 Model T’s per year. In 1920 alone, over 2 million Model T Fords were sold).

    William C. Durant formed the General Motors Company on September 16, 1908. Over the next two years, 25 companies, including Buick, Oldsmobile and Cadillac, were brought into the company in one of the most successful corporate consolidations in history.

    Both Henry Ford and William Durant would later become widely known for the business enterprises they formed during an exceptionally volatile period for the automotive industry.

    In setting up General Motors, Durant followed three key ideas:

    To provide a variety of cars for a variety of tastes and economic levels.

    To diversify to cover as many possibilities of the engineering future of the automobile as possible.

    To increase integration by bringing automotive parts manufacturers into the same corporate entity as vehicle assemblers.

    William Durant was good at building a company, but had less skill in running one. Within two

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