Sublime

There are only two that I know of: either manufacturer-owned, manager-operated dealerships, or the selling of cars by anyone and everyone, as cigarettes are sold — with the manufacturer maintaining a system of service agencies. I look askance at either of these changes. I believe that the franchise system, which has long prevailed in the automobile

The fundamental conception of the advantage to be secured in this business, we said, was expressed by cooperation and coordination of our various policies and divisions.

The answer, essentially, is that I always tried to run General Motors by a policy of conciliation rather than coercion; and when a majority was opposed to my thinking, I was often disposed to give way. I might add that the top officers of General Motors who were involved in this situation were men of unusual talents and strong convictions, and as p

By 1920 its lineup ranged from Chevrolet at the low end through Oakland and Olds, Scripps-Booth and Sheridan, to Buick and Cadillac at the top. But GM’s product lineup, having been assembled through acquisition, was a shambles. There was lots of overlap between brands in the middle of the range, while the lowest-price car was too expensive (the che

My responsibility involved the application of financial method, for finance could not exist in a vacuum but had to be integrated with operations.

It was just good, sound business. As Henry Ford said at the time, it was not “charity” but “profit sharing and efficiency engineering.”

Henry Ford créa la Ford Motor Company en 1903, à l'âge de 40 ans. Andrew Carnegie avait bien dépassé la quarantaine avant de commencer à récolter le fruit de ses efforts, la moyenne des prix Nobel de physique est de 54 ans. À l’âge où le niveau de testostérone diminue, l’homme atteint son plus haut niveau de réussite. Au moment où il n’est plus esc

But while bonus awards depend on profits, the bonus system is not a profit-sharing plan. It does not entitle any employee to any regular share in the earnings of the corporation or any of its divisions. The Bonus and Salary Committee may — and sometimes does — award less than the maximum sum available for bonus payments. More important, each man mu

But let me say that, though I have often been taxed, by people who do not know me, with being a committee man — and in a sense I most certainly am — I have never believed that a group as such could manage anything. A group can make policy, but only individuals can administer policy.