Autos: Managing to Succeed

No organization is sounder than the men who run it and delegate others to run it.

—Alfred P. Sloan

Though good management is the concern of every business, giant General Motors has raised it almost to the status of a religion. Under the system developed by Sloan when he was G M's president, each of the corporation's 661,000 employees is carefully screened for signs of managerial ability, and his performance is reviewed and recorded by superiors every six months. Several hundred who show the greatest potential are listed in a confidential "black book" and methodically shifted from one job to...

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