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Contrasting Business Styles of William Durant & Alfred Sloan
Date Submitted: 12/14/2004 12:52:56
Category: / Business & Economy / Management
Length: 2 pages (425 words)
Category: / Business & Economy / Management
Length: 2 pages (425 words)
William Durant brought together more than twenty-five independent automobile companies to form the General Motors Corporation. He lost control of the company in 1910, due to financial difficulties. Durant regained control of the company in 1916. As a resilient businessman, he dismissed the bankers and took over as the president of the company (Blackford, pg 242). The business style that Durant possessed was to try to run General Motors as a one man show. He made the daily …
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…was needed to run the company. Sloan, on the other hand, uses his business knowledge to help General Motors become the business it is today. Sloan instituted the central office receiving production reports, weekly and monthly, which is something that Durant did not use. General Motors has become today one of the leading automobile manufactures because of the business styles of Alfred Sloan References Blackford, Mansel G., Business Enterprise in American History, 1994 Houghton Mifflin Company
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