My Years with General Motors Paperback – 1 Feb. 1996

A personal view, from the earliest days of the motor industry; and form the top. This book offers a truly unique insight.

practical experience

thanx. u r a good seller. almost on time delivery. product in good condition as stated.

"A car for every purse and purpose". This was the reason that GM was once the world's most successful company. Alfred Sloan succintly details how he directed the company to take not only financial considerations, but also product planning into account. His hierachy of models, ie Chevrolet, Pontiac, Oldsmobile, Buick, and Cadillac, in that order, was stroke of genius, virutally guaranteeing that the entry level buyer who started out with an economical Chevy would continue to buy more expensive GM brands as his income increased. Only now is GM moving back to that mantra, albeit with unfortunate hesitation. Had GM kept each of brands as a distinct marque, there is no doubt the company would still command at least a 50% share of the North American market share.

Alfred P. Sloan Jr. was CEO of General Motors from 1923 to 1946. This book was originally published in 1964. Sloan is seen as the first person to have worked out systematic organisation in a big company, planning and strategy, measurements, the principle of decentralisation - in short, basic concepts of a discipline of management. This is a difficult book to review, since it is more a historic piece on GM's history and development from Sloan's perspective than an autobiography. It does not discuss the individual Alfred P. Sloan Jr., it discusses Alfred P. Sloan Jr. as professional manager. The chapters also come across as business school lessons in different subjects, ranging from general management through to accounting, marketing and compensation strategies.The book consists of two parts. "Part One is an integrated continuous story of the main lines of General Motors' progress, involving the origin and development of the corporation's basic management concepts in the areas of organisation, finance and product." It discusses the extreme growth and development of the automobile industry from the early 1900s through to the early 1960s. It also discusses the methods General Motors introduced used to manage the corporation (Sloan all through the book keeps emphasizing the concept of the corporation). He later became known as a committee-man, because he used different types of committees to get/keep various divisions talking and working with each other."Part Two consists of individually distinct sections dealing in some detail with engineering, distribution, overseas operations, war and defense products, incentive compensation, and other aspects and branches of the enterprise." This part of the book discusses in greater detail the different experiences and events during Sloan's reign as CEO. It discusses some very interesting subjects, such as the evolution of the automobile, relationships with dealers, World War I and II efforts, and personnel and labor relations. Chapter 23 and 24 are really the conclusion to this book.Yes, this is a great book. It is a TRUE business classic. It discusses all the subjects involved in business from a CEO's point of view. I was amazed to see the amount of detail Sloan has gone through while writing this book, there are plenty of quotes from annual reports, memoranda, conversations, etc. However, some readers will be disappointed by the lack of insight into Sloan's personal life. This particular edition includes an introduction by Peter F. Drucker, who explains why this book is MUST reading for all MBA and business students, but also all people that want to be serious about management. Highly recommended. The book is written in simple business US-English.