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Alfred P. Sloan Jr.
(redirected from Alfred Sloan)

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Alfred P. Sloan Jr.
An American businessman (1875-1966) who was president and chairman of the board for General Motors. He began his career as president of Hyatt Roller Bearing, which made ball bearings. In 1916, this company merged with United Motors Company, which became part of GM two years later. Sloan remained at GM for the rest of his career and became president in 1937. Sloan is believed to have been the first to change designs of car models from year to year. This concept became known as planned obsolescence. He was also a noted philanthropist; however, he was accused of assisting Nazis during World War II.
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Founded in 1908, GM rose to dominate the US and global car industries under the stewardship of Alfred Sloan, its then chief executive, who famously pledged the firm would deliver "a car for every purse and purpose".
GM 'will have healthy cash balance' by Aljazeera.net
In Industrial Revolution in America, authors Kevin Hillstrom and Laurie Collier Hillstrom note: ’Along with AT&T, Coca-Cola, and a few of the railroads, [GM] was a gleaming example of business progress against the ravages of hard times,’ observed one historian, ‘Whatever Henry Ford had done to turn his factory floor into a model of efficiency, Alfred Sloan superseded by creating the optimum office environment.
Turn downturn into opportunity like a billionaire by Andrew Mickey / Stockhouse
This has been aptly demonstrated by Alfred Sloan (CEO of General Motors from 1923 to 1956) who once said in a directors' meeting, "Gentlemen, I take it that we are all in complete agreement on the decision here.
The Hidden Advantage of Disagreements by Thejendra BS / Consumer news, advice, product reviews community
 
 
 
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