An Undeniable Progressive: Henry Ford Today, America is the top country in industrialization all over the world. It is obvious that it took long time to become an industrial giant. After the industrial revolution, a new trend started to expand: industrialization. While all countries started the industrialization at the same time, what makes the America one step ahead from the other countries? Answer is simple: Henry Ford, who was a determinant, stable and hardworking, was twenty eight-year old young man.
Without the prominence of North American entrepreneurs throughout the 19th century, our current lives would be drastically different. Over the past decades, contributions made from entrepreneurs affiliated with the lumber and timber industry have changed the daily operations of modern society. Specifically the North American entrepreneurs, John R. Booth and Frederick Weyerhaeuser, have impacted these industries and benefitted the business economy as a whole. These well-known characters both mastered techniques of the lumber industry throughout their business career and have earned their title as the “Lumber King”. Although Booth and Weyerhaeuser contributed to the economy around the same time frame, they worked in separate countries and not in collaboration with each other.
At the advent of this mobilizing capitalist economy came John Jacob (J.J.) Astor who possessed the entrepreneurial talent to turn these ideal economic conditions into economic profits. Contrary to popular historical beliefs supported by historians like Norman Gras, Kenneth Porter, and Alfred Chandler, J.J. Astor had visible control over antebellum markets and business operations. Astor established practises that remain a key part of business institutions in present day America. He co-ordinated hundreds of employees, navigated government policy, kept meticulous accounting records, and in doing so, built one of the largest and most successful enterprises in history. His accomplishments describe how he began to change methods of commercial operation, inspire new institutions, and generate substantial change.
Others, however, view Carnegie as an important industrialist who was the king of steel. In the grand scheme of things, Andrew Carnegie’s good deeds clearly outweigh the bad. He made good and efficient steel, became very involved in philanthropy, and created jobs for thousands of American people. Carnegie was not a “robber baron”, but rather a groundbreaking industrialist who set the standards for further industrialization in the United States. Andrew Carnegie’s involvement in steel is what made him a hero in the sense of industry.
Essay 1 Wealth and Poverty October 11, 2010 Carnegie and the Refinements of Civilization One of the wealthiest individuals in US history, Andrew Carnegie is a virtual poster child for the American dream, starting as a poor immigrant who, as he stated, “pulled himself up by the bootstraps” to become one of the most powerful figures of his day. Some think of him only as wolf in sheep’s clothing or a robber-baron who made his fortune on the backs of his downtrodden workers. Both points of view are certainly valid, but a third category is of equal importance. He is also known as the “Patron Saint of U.S. Libraries,” a philanthropist who provided vast sums of his accumulated wealth to the development of public libraries throughout America. Carnegie took a strong stance on wealth and its stewardship.
In Dick’s first year as a salesman, he secured a very large contract for Tri-American Corporation, which ultimately lead to him becoming the top employee in sales within the organization. Factors that brought Dick to the top spot as a salesman were his salesmanship capabilities, his effective communication and ability to relate to customers and nonetheless his characteristical charm. At such a young age of twenty-two, receiving his MBA and his mental appetite for success, Spencer’s success in business, but mental ability was one of the strongest predictors of job performance (Hunter & Hunter, 1984). Another factor, or possibly a
Organizational Ethics Amy Chaney ETH/316 October 7, 2014 Scott Myers Organizational Ethics World class service is what gives a company an advantage against its competitors and United Parcel Service (UPS) has been a leader since 1907, UPS is the largest package delivery company worldwide it is also a global provider specializing in logistics and transportation service. UPS started out as a messenger service and move into a logistics company. “UPS has grown into a multi-billion-dollar corporation by clearly focusing on the goal of enabling commerce around the globe” (UPS: About UPS n.d.) This paper will address how ethical principles can be used to address organizational issues. It also addresses the role that external social pressures have in influencing organizational ethics, how these issues are relevant to organizational and personal decisions and the relationship between legal and ethical issues. UPS is committed to a business code of ethics that is in compliance with ethical principles.
Switzerland was not the success story that it is today; in the late nineteenth century Switzerland was a poor nation and its major exports were mercenaries and emigrating citizens. By the early period of the twentieth century, Switzerland had emerged as an industrial nation of importance despite its small size. Switzerland was one of the richest nations in the postwar period and by the 1960 using some measures, Swiss per capita income was the highest in the world. The wealth of Switzerland is the outcome of national competitive advantage where there are shockingly numerous competitors in a wide range of advanced manufacturing and service industries and Switzerland a small nation was able to establish their competitive advantage over large nations and their competitors. The industrial success has allowed Swiss citizens to be employed at high wages and for many years the unemployment has affected less than two hundred people.
Jack Stack’s book “The Great Game of Business” describes a business management technique known as Open-Book Management. Mr. Stack developed this technique while he and twelve other managers turned an almost bankrupt division of International Harvester into one of the most successful companies in America, the Springfield Remanufacturing Corporation. This turnaround was made possible by “playing” the “Great Game.” Mr. Stack states, “The best, most efficient, most profitable way to operate a business is to give everybody in the company a voice in saying how the company is run and a stake in the financial outcome, good or bad.” In order to give the employees a voice, the employees must understand why the game is played. Employees need job security. They need to feel their job will exist as long as they want to work for the company.
Rockefeller defined modern philanthropy by donating more than 550 million dollars to charities, churches, schools of all kind, and organizations throughout the nation. John D. Rockefeller is perhaps the greatest American Industrialist and Philanthropist in modern history. Rockefeller has had experience with the working world since he was sixteen starting out as a bookkeeper at a small firm in Cleveland. Rockefeller once said “The most important thing for a young man is to establish a credit… a reputation, character” (Xpore Inc). Like his father, Rockefeller believed that work could build character and “make ‘em sharp”.