Alfred P. Sloan
1875 - 1966
5
Quotes
Biography
Alfred P. Sloan Jr. (1875-1966) was an American business executive and philanthropist best known for his long tenure as the President and Chairman of General Motors. Under his leadership, General Motors became the world's largest corporation and exemplified modern management practices. Sloan was a key figure in the development of the concept of planned obsolescence and introduced innovations like the annual model change system. He is also credited for creating the modern corporate structure with centralized decision-making and hierarchical management.
Famous Quotes (5)
1
The primary object of an enterprise must be to enrich the lives of people.
2
Given change, uncertainty, and risk... you must proceed with foresight and with courage.
3
The Sloan way means a philosophy which demands from the individual initiative, courage, foresight, and vision.
4
Reasoned decision-making is more important than ensuring sharp administrative control.
5
Follow the path of high courage. Fight for the right principles as you conceive them.