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Giants of Enterprise: Seven Business Innovators and the Empires They Built (Paperback)
by Richard S. Tedlow
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Entrepreneurship, Innovation, Business success, Corporate history |
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Author: Richard S. Tedlow
Publisher: Collins
Pub. in: July, 2003
ISBN: 0066620368
Pages: 528
Measurements: 7.8 x 5.3 x 1.4 inches
Origin of product: USA
Order code: BA01167
Other information: ISBN-13: 978-0066620367
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- MSL Picks -
In Giants of Enterprise, Harvard professor Richard Tedlow examines seven business titans: Henry Ford, Thomas Watson, Andrew Carnegie, George Eastman, Charles Revson, Robert Noyce, and Sam Walton. He analyzes their business acumen, their management style, their interpersonal style, and the business environment in which they operated.
Henry Ford and Thomas Watson, Sr., of IBM, are examples of domineering, manipulative men who built extraordinary business empires in spite of their abrasive personalities. The were not leaders in the classical definition of James MacGregor Burns because they systematically crushed individuality in their employees rather than cultivate it. They drove a lot of good people away, and stunted the growth of many more.
Still, their businesses experienced exceptional periods of prosperity, and they have lasted for several generations.
Two of the seven titans valued people. Eastman and Noyce were leaders. Eastman empowered people. He told chemist Charles Mees, "your job is the future of photography." Eastman hired women and Irish people-these were enlightened practices in the late 1800s. He questioned his own management expertise, and sought advice from professionals.
Noyce is known for his slogan, "Go off and do something wonderful." His employees had it printed on tee shirts. Noyce had an ability to create in people a "euphoric sense of possibility," and he nurtured talent when he found it.
Giants of Enterprise provides informative short biographies of each of the seven business icons. It is valuable reading for both the student of leadership and the practicing executive. For the student, it shows that organizations are often held together by forces other than leadership. The opportunity to be part of something successful will hold many people in place in spite of intense personal pain inflicted by the boss.
For the executive, it illustrates the need to install checks and balances on one's self. Ford and Watson both weakened their businesses by indulging their personal biases in public and by suffocating creativity in others. They surrounded themselves with yes-men, and they diminished their business enterprises as a result.
Studying the lives of these seven men provides useful insights into the relationship of leadership and business success. It is a fact of our times that business is increasingly turning to leadership as a source of competitive advantage, and this book is helpful in that effort.
Dr. Tedlow examines what he calls inflection points. These are moments in history that some rare people recognize as moments in history while they are happening. The book is worth reading for what it says on this topic alone. In addition, he examines the destructive effect vast money and power can have on the human spirit. He refers to this as deranging one's perspective on life. The term is a useful addition to leadership vocabulary.
There are hundreds of books about famous executives. This book is an excellent introduction to executives as a key element in business development. It is readable, interesting, and it does not require the reader to have a detailed knowledge of business or leadership principles.
(From quoting Daniel Wilson, USA)
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Richard S. Tedlow is the Class of 1949 Professor of Business Administration at the Harvard Business School, where he is a specialist in the history of business. He is the author of Giants of Enterprise: Seven Business Innovators and the Empires They Built. In addition to his teaching and research, Professor Tedlow has consulted and taught both marketing and business history to a variety of companies and organizations.
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From Publisher
Seven business innovators and the empires they built.
The pre-eminent business historian of our time, Richard S. Tedlow, examines seven great CEOs who successfully managed cutting-edge technology and formed enduring corporate empires.
With the depth and clarity of a master, Tedlow illuminates the minds, lives and strategies behind the legendary successes of our times:
George Eastman and his invention of the Kodak camera;
Thomas Watson of IBM;
Henry Ford and his automobile;
Charles Revson and his use of television advertising to drive massive sales for Revlon;
Robert N. Noyce, co-inventor of the integrated circuit and founder of Intel; Andrew Carnegie and his steel empire;
Sam Walton and his unprecedented retail machine, Wal-Mart.
Business historian Tedlow, presents seven magnates in a historical context that reflects the growth of the United States as an economic power from the mid-1800s to the latter part of the 20th century.
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View all 6 comments |
Library Journal (MSL quote), USA
<2008-02-25 00:00>
Business historian Tedlow (Harvard Business Sch.) presents seven magnates in a historical context that reflects the growth of the United States as an economic power from the mid-1800s to the latter part of the 20th century. Presenting biographical essays divided chronologically into three sections, he first discusses Andrew Carnegie (U.S. Steel), George Eastman (Kodak), and Henry Ford (automobiles) and their contributions to the emergence of America as an economic force. The founding of IBM by Thomas Watson Sr. in 1924 and Revlon by Charles Revson in 1932 are then used to highlight technological leadership and marketing, respectively. The leadership, management, and determination of Robert Noyce (Intel) and Sam Walton (WalMart) demonstrate the success of entrepreneurs in recent times. Each essay concerns the central figure and his contribution, personal attributes and faults, family, close associates, and a history of the specific industry and American society at the time. Well-documented and very readable, this compendium is a good addition to academic and large public libraries. Steven J. Mayover, Philadelphia
Copyright 2001 Reed Business Information, Inc. - This text refers to an out of print or unavailable edition of this title.
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Booklist (MSL quote), USA
<2008-02-25 00:00>
In today's market of dot-com dysfunction, maybe it is good to take a look back in history to learn how other businessmen and businesses started and stayed around long enough to succeed. As in his other books, Tedlow takes a penetrating look at the history of business by examining seven leaders - Andrew Carnegie, George Eastman, Henry Ford, Thomas J. Watson Sr., Charles Revson, Sam Walton, and Robert Noyce--who had the power to control business and affect the fates of others. Tedlow explains how they did it and analyzes why they did it, and he examines how they sometimes defied laws and conventions, set trends, created new business philosophies, and pushed forward to succeed. This is an interesting, cautionary tale for those in business, taking the reader through the beginnings of entrepreneurship and the realization of innovative, hard-edged business practices, such as brand marketing and mass production, that have played a role in defining the U.S. as the land of opportunity. Eileen Hardy
Copyright © American Library Association. All rights reserved -This text refers to an out of print or unavailable edition of this title.
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Business Week (MSL quote), USA
<2008-02-25 00:00>
One of the top ten business books of 2001 -This text refers to an out of print or unavailable edition of this title.
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Atlantic Monthly (MSL quote), USA
<2008-02-25 00:00>
From Richard Tedlow’s insightful group portrait of seven American entrepreneurs ... a rough formula for titanhood can be educed. |
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