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My Years with General Motors
496 pages, 1990
Originally published in 1963, this book became a New York Times bestseller. It has since been used as a management guidebook, providing personal insights into the leadership discipline developed by the man who developed it.
The book is an inside look at the dramatic events and creative business management of the automobile industry during one of its most chaotic periods and is considered one of the most insightful books ever written about leadership. Bill Gates, who considers it to be the best business book ever written, adds it to his list of "indispensable reading. "
In 'My Years with General Motors', Alfred Sloan emphasizes the importance of decentralized management. He believes that giving more power to individual departments allows for more efficient decision-making. This is a great lesson for anyone in a leadership position, as it encourages trust in your team and promotes a more productive work environment.
Sloan's book highlights the importance of strategic planning in business. He shares how General Motors' success was largely due to their detailed and forward-thinking plans. If you're looking to grow your business, take a look at how Sloan used strategic planning to turn GM into a global powerhouse.
Innovation plays a key role in the success of any business, and this is a key theme in 'My Years with General Motors'. Sloan discusses how GM's commitment to innovation and continuous improvement helped them stay ahead of their competitors. This is a great reminder to always look for ways to improve and innovate in your own business.
Sloan emphasizes the importance of focusing on the customer. He shares how GM's customer-centric approach helped them create products that truly met the needs of their customers. This is a great lesson for any business owner, as it reminds us to always put the customer first.
In his book, Sloan explores the importance of financial controls in a business. He explains how GM's strict financial controls helped them maintain profitability and stability. If you're looking to improve your business's financial health, you might want to dig into this aspect of Sloan's book.
Quotes 4
My Years with General Motors is a profound book, a must-read for anyone who aspires to understand the essence of management.
Peter Drucker - Management ConsultantMy Years with General Motors is a book that has greatly influenced my business acumen. It's a treasure trove of wisdom.
Warren Buffett - Investment GuruMy Years with General Motors is a book that has shaped my understanding of corporate success and leadership.
Bill Gates - Microsoft Co-founderMy Years with General Motors is a book that has significantly influenced my leadership style and business strategy.
Jack Welch - Former GE CEO