Alfred P. Sloan

Today is Alfred P. Sloan’s birthday. Longtime executive of General Motors. He recorded his lessons in management in My Years With General Motors, his bestselling memoir.

He reorganized GM into separate, independent divisions subject only to corporate policy restrictions, devising an archetype for many corporations after him. He finished his engineering studies at MIT, then joined GM, a small ball-bearing producer. He rose to become its president at the age of 24 and led it to $60 million in profit four years later.

Mr. Sloan’s quotes:

“There has to be this pioneer, the individual who has the courage, the ambition to overcome the obstacles that always develop when one tries to do something worthwhile, especially when it is new and different”.

“The greatest real thrill that life offers is to create, to construct, to develop something useful. Too often we fail to recognize and pay tribute to the creative spirit. It is that spirit that creates our jobs”.