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The enduring story of Thomas Watson Jr.—a figure more important to the creation of the modern world than Rockefeller, Vanderbilt, and Morgan Nearly fifty years into IBM’s existence, Thomas Watson Jr. undertook the biggest gamble in business history when he “bet the farm” on the creation of the IBM System/360, the world’s first fully integrated and compatible mainframe computer. As CEO, Watson drove a revolution no other company—then or now—would dare, laying the foundation for the digital age that has transformed every society, corporation, and government. The story of Watson being “present at the creation” of the digital age is intertwined with near-Shakespearean personal drama. While he put IBM and its employees at risk, Watson also carried out a family-shattering battle over the future of the company with his brother Dick. This titanic struggle between brothers led to Dick’s death and almost killed Watson Jr. himself. Though he was eventually touted by Fortune magazine as “the greatest capitalist who ever lived,” Watson’s directionless, playboy early years made him an unlikely candidate for corporate titan. How he pulled his life together and, despite personal demons, paved the way for what became a global industry is an epic tale full of drama, inspiration, and valuable lessons in leadership, risk-taking, and social responsibility.
Book Synopsis The Greatest Capitalist Who Ever Lived by : Ralph Watson McElvenny
Download or read book The Greatest Capitalist Who Ever Lived written by Ralph Watson McElvenny and published by PublicAffairs. This book was released on 2023-10-24 with total page 509 pages. Available in PDF, EPUB and Kindle. Book excerpt: The enduring story of Thomas Watson Jr.—a figure more important to the creation of the modern world than Rockefeller, Vanderbilt, and Morgan Nearly fifty years into IBM’s existence, Thomas Watson Jr. undertook the biggest gamble in business history when he “bet the farm” on the creation of the IBM System/360, the world’s first fully integrated and compatible mainframe computer. As CEO, Watson drove a revolution no other company—then or now—would dare, laying the foundation for the digital age that has transformed every society, corporation, and government. The story of Watson being “present at the creation” of the digital age is intertwined with near-Shakespearean personal drama. While he put IBM and its employees at risk, Watson also carried out a family-shattering battle over the future of the company with his brother Dick. This titanic struggle between brothers led to Dick’s death and almost killed Watson Jr. himself. Though he was eventually touted by Fortune magazine as “the greatest capitalist who ever lived,” Watson’s directionless, playboy early years made him an unlikely candidate for corporate titan. How he pulled his life together and, despite personal demons, paved the way for what became a global industry is an epic tale full of drama, inspiration, and valuable lessons in leadership, risk-taking, and social responsibility.
Get the Summary of Ralph Watson McElvenny's The Greatest Capitalist Who Ever Lived in 20 minutes. Please note: This is a summary & not the original book. "The Greatest Capitalist Who Ever Lived" by Ralph Watson McElvenny chronicles the life and career of Thomas John Watson Jr., who inherited the mantle of IBM from his father, Thomas Watson Sr. Watson Sr. rose from poverty and overcame early career setbacks to instill a culture of salesmanship, personal achievement, and employee welfare at IBM. Watson Jr., despite a privileged yet troubled upbringing and a strained relationship with his father, eventually embraced his role at IBM, bringing newfound confidence and leadership skills honed during his military service in WWII...
Book Synopsis Summary of Ralph Watson McElvenny's The Greatest Capitalist Who Ever Lived by : Milkyway Media
Download or read book Summary of Ralph Watson McElvenny's The Greatest Capitalist Who Ever Lived written by Milkyway Media and published by Milkyway Media. This book was released on 2024-01-28 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: Get the Summary of Ralph Watson McElvenny's The Greatest Capitalist Who Ever Lived in 20 minutes. Please note: This is a summary & not the original book. "The Greatest Capitalist Who Ever Lived" by Ralph Watson McElvenny chronicles the life and career of Thomas John Watson Jr., who inherited the mantle of IBM from his father, Thomas Watson Sr. Watson Sr. rose from poverty and overcame early career setbacks to instill a culture of salesmanship, personal achievement, and employee welfare at IBM. Watson Jr., despite a privileged yet troubled upbringing and a strained relationship with his father, eventually embraced his role at IBM, bringing newfound confidence and leadership skills honed during his military service in WWII...
The first complete look at one of America's legendary business leaders This groundbreaking biography by Kevin Maney, acclaimed technology columnist for USA Today, offers fresh insight and new information on one of the twentieth century's greatest business figures. Over the course of forty-two years, Thomas J. Watson took a failing business called The Computer-Tabulating-Recording Company and transformed it into IBM, the world's first and most famous high-tech company. The Maverick and His Machine is the first modern biography of this business titan. Maney secured exclusive access to hundreds of boxes of Watson's long-forgotten papers, and he has produced the only complete picture of Watson the man and Watson the legendary business leader. These uncovered documents reveal new information about how Watson bet the company in the 1920s on tabulating machines-the forerunners to computers-and how he daringly beat the Great Depression of the 1930s. The documents also lead to new insights concerning the controversy that has followed Watson: his suppos ed coll usion with Adolf Hitler's Nazi regime. Maney paints a vivid portrait of Watson, uncovers his motivations, and offers needed context on his mammoth role in the course of modern business history. Jim Collins, author of the bestsellers Good to Great and Built to Last, writes in the Foreword to Maney's book: "Leaders like Watson are like forces of nature-almost terrifying in their release of energy and unpredictable volatility, but underneath they still adhere to certain patterns and principles. The patterns and principles might be hard to see amidst the melee, but they are there nonetheless. It takes a gifted person of insight to highlight those patterns, and that is exactly what Kevin Maney does in this book." The Maverick and His Machine also includes never-before-published photos of Watson from IBM's archives, showing Watson in greater detail than any book ever has before. Essential reading for every businessperson, tech junkie, and IBM follower, the book is also full of the kind of personal detail and reconstructed events that make it a page-turning story for general readers. The Maverick and the Machine is poised to be one of the most important business biographies in years. Kevin Maney is a nationally syndicated, award-winning technology columnist at USA Today, where he has been since 1985. He is a cover story writer whose story about IBM's bet-the-company move gained him national recognition. He was voted best technology columnist by the business journalism publication TJFR. Marketing Computers magazine has four times named him one of the most influential technology columnists. He is the author of Wiley's MEGAMEDIA SHAKEOUT: The Inside Story of the Leaders and the Losers in the Exploding Communications Industry, which was a Business Week Bestseller. Residence: Clifton, VA . "Watson was clearly a genius with a thousand helpers, yet he managed to build an institution that could transcend the genius."-from the Foreword by Jim Collins "Like all great biographers, Kevin Maney gives us an engaging story . . .his fascinating and definitive book about IBM's founder is replete with amazing revelations and character lessons that resonate today."-Rosabeth Moss Kanter, Harvard Business School, bestselling author of Evolve! and When Giants Learn to Dance
Book Synopsis The Maverick and His Machine by : Kevin Maney
Download or read book The Maverick and His Machine written by Kevin Maney and published by John Wiley & Sons. This book was released on 2004-08-03 with total page 533 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first complete look at one of America's legendary business leaders This groundbreaking biography by Kevin Maney, acclaimed technology columnist for USA Today, offers fresh insight and new information on one of the twentieth century's greatest business figures. Over the course of forty-two years, Thomas J. Watson took a failing business called The Computer-Tabulating-Recording Company and transformed it into IBM, the world's first and most famous high-tech company. The Maverick and His Machine is the first modern biography of this business titan. Maney secured exclusive access to hundreds of boxes of Watson's long-forgotten papers, and he has produced the only complete picture of Watson the man and Watson the legendary business leader. These uncovered documents reveal new information about how Watson bet the company in the 1920s on tabulating machines-the forerunners to computers-and how he daringly beat the Great Depression of the 1930s. The documents also lead to new insights concerning the controversy that has followed Watson: his suppos ed coll usion with Adolf Hitler's Nazi regime. Maney paints a vivid portrait of Watson, uncovers his motivations, and offers needed context on his mammoth role in the course of modern business history. Jim Collins, author of the bestsellers Good to Great and Built to Last, writes in the Foreword to Maney's book: "Leaders like Watson are like forces of nature-almost terrifying in their release of energy and unpredictable volatility, but underneath they still adhere to certain patterns and principles. The patterns and principles might be hard to see amidst the melee, but they are there nonetheless. It takes a gifted person of insight to highlight those patterns, and that is exactly what Kevin Maney does in this book." The Maverick and His Machine also includes never-before-published photos of Watson from IBM's archives, showing Watson in greater detail than any book ever has before. Essential reading for every businessperson, tech junkie, and IBM follower, the book is also full of the kind of personal detail and reconstructed events that make it a page-turning story for general readers. The Maverick and the Machine is poised to be one of the most important business biographies in years. Kevin Maney is a nationally syndicated, award-winning technology columnist at USA Today, where he has been since 1985. He is a cover story writer whose story about IBM's bet-the-company move gained him national recognition. He was voted best technology columnist by the business journalism publication TJFR. Marketing Computers magazine has four times named him one of the most influential technology columnists. He is the author of Wiley's MEGAMEDIA SHAKEOUT: The Inside Story of the Leaders and the Losers in the Exploding Communications Industry, which was a Business Week Bestseller. Residence: Clifton, VA . "Watson was clearly a genius with a thousand helpers, yet he managed to build an institution that could transcend the genius."-from the Foreword by Jim Collins "Like all great biographers, Kevin Maney gives us an engaging story . . .his fascinating and definitive book about IBM's founder is replete with amazing revelations and character lessons that resonate today."-Rosabeth Moss Kanter, Harvard Business School, bestselling author of Evolve! and When Giants Learn to Dance
In 1916, just thirteen years after the Wright brothers’ first flight, a group of twenty-eight college students, nearly all of them from Yale, decided to try the new sport of motorized flight and formed a campus flying club. The boys had more than fun in mind. Believing that America would soon enter the war raging in Europe, they wanted to help their woefully unprepared nation (which at the time had an air force smaller than Bulgaria’s) ready itself for what was sure to be a hard fight. Most were just teenagers, but they were also the sons of America’s early 20th century aristocracy - one a Rockefeller, one whose father headed the Union Pacific railroad empire, others who traced their roots to the Mayflower, several who counted friends and relatives among Presidents and statesmen - and all fabulously wealthy. These sons of the elite were schooled in heroism even before their nation called upon them. America was going to go to war: they would lead the way; they knew that it could cost many lives; and that just made it all the more right that they be the first to fly into battle. This is their story. 'Vivid descriptions of aerial combat ...but the true pleasure of this book is in his portraits of the six principal players and his elucidation of their deep-rooted sense of patriotic duty and camaraderie' Daily Telegraph
Book Synopsis The Millionaires' Unit by : Marc Wortman
Download or read book The Millionaires' Unit written by Marc Wortman and published by Pan Macmillan. This book was released on 2007-04 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1916, just thirteen years after the Wright brothers’ first flight, a group of twenty-eight college students, nearly all of them from Yale, decided to try the new sport of motorized flight and formed a campus flying club. The boys had more than fun in mind. Believing that America would soon enter the war raging in Europe, they wanted to help their woefully unprepared nation (which at the time had an air force smaller than Bulgaria’s) ready itself for what was sure to be a hard fight. Most were just teenagers, but they were also the sons of America’s early 20th century aristocracy - one a Rockefeller, one whose father headed the Union Pacific railroad empire, others who traced their roots to the Mayflower, several who counted friends and relatives among Presidents and statesmen - and all fabulously wealthy. These sons of the elite were schooled in heroism even before their nation called upon them. America was going to go to war: they would lead the way; they knew that it could cost many lives; and that just made it all the more right that they be the first to fly into battle. This is their story. 'Vivid descriptions of aerial combat ...but the true pleasure of this book is in his portraits of the six principal players and his elucidation of their deep-rooted sense of patriotic duty and camaraderie' Daily Telegraph
Who Says Elephants Can't Dance? sums up Lou Gerstner's historic business achievement, bringing IBM back from the brink of insolvency to lead the computer business once again.Offering a unique case study drawn from decades of experience at some of America's top companies -- McKinsey, American Express, RJR Nabisco -- Gerstner's insights into management and leadership are applicable to any business, at any level. Ranging from strategy to public relations, from finance to organization, Gerstner reveals the lessons of a lifetime running highly successful companies.
Book Synopsis Who Says Elephants Can't Dance? by : Louis V. Gerstner
Download or read book Who Says Elephants Can't Dance? written by Louis V. Gerstner and published by Harper Collins. This book was released on 2003-12-16 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Who Says Elephants Can't Dance? sums up Lou Gerstner's historic business achievement, bringing IBM back from the brink of insolvency to lead the computer business once again.Offering a unique case study drawn from decades of experience at some of America's top companies -- McKinsey, American Express, RJR Nabisco -- Gerstner's insights into management and leadership are applicable to any business, at any level. Ranging from strategy to public relations, from finance to organization, Gerstner reveals the lessons of a lifetime running highly successful companies.
Norman Bruce Ream was born in southwestern Pennsylvania in 1844, the son of a farmer. He exhibited a commercial sense, but the Civil War interrupted his ambitions. Wounded twice, he returned home a hero. After some unsuccessful business ventures out west, he went to Chicago in 1871 and became a commission merchant in the Union Stockyards. A few years later, he moved uptown and traded grains and provisions in the pits of the Board of Trade. Money poured in. Indeed, by 1886 he was a millionaire (also married and the father of several children). He started investing in real estate, urban transit companies, railroad stock—and began consolidating and financing enterprises. At century’s end, he was traveling to New York City, impressing financiers like J. Pierpont Morgan. Indeed, he helped Morgan put together the U.S. Steel Corporation and the International Harvester Company, served on many boards, and even advised Morgan during the panic of 1907. But life grew turbulent. Public sentiment soured towards Wall Street and the wealthy. This, along with the presumed indiscretions of some of his children, kept his name in the press. He died in 1915, and gradually, his life was forgotten.
Book Synopsis Norman B. Ream by : Paul Ryscavage
Download or read book Norman B. Ream written by Paul Ryscavage and published by Fairleigh Dickinson. This book was released on 2012-10-26 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: Norman Bruce Ream was born in southwestern Pennsylvania in 1844, the son of a farmer. He exhibited a commercial sense, but the Civil War interrupted his ambitions. Wounded twice, he returned home a hero. After some unsuccessful business ventures out west, he went to Chicago in 1871 and became a commission merchant in the Union Stockyards. A few years later, he moved uptown and traded grains and provisions in the pits of the Board of Trade. Money poured in. Indeed, by 1886 he was a millionaire (also married and the father of several children). He started investing in real estate, urban transit companies, railroad stock—and began consolidating and financing enterprises. At century’s end, he was traveling to New York City, impressing financiers like J. Pierpont Morgan. Indeed, he helped Morgan put together the U.S. Steel Corporation and the International Harvester Company, served on many boards, and even advised Morgan during the panic of 1907. But life grew turbulent. Public sentiment soured towards Wall Street and the wealthy. This, along with the presumed indiscretions of some of his children, kept his name in the press. He died in 1915, and gradually, his life was forgotten.
What, and who, are we working for? A thoughtful assessment on our current society from “probably America’s most prominent Marxist economist” (The New York Times). Capitalism as a system has spawned deepening economic crisis alongside its bought-and-paid-for political establishment. Neither serves the needs of our society. Whether it is secure, well-paid, and meaningful jobs or a sustainable relationship with the natural environment that we depend on, our society is not delivering the results people need and deserve. One key cause for this intolerable state of affairs is the lack of genuine democracy in our economy as well as in our politics. The solution requires the institution of genuine economic democracy, starting with workers managing their own workplaces, as the basis for a genuine political democracy. Here Richard D. Wolff lays out a hopeful and concrete vision of how to make that possible, addressing the many people who have concluded economic inequality and politics as usual can no longer be tolerated and are looking for a concrete program of action. “Wolff’s constructive and innovative ideas suggest new and promising foundations for much more authentic democracy and sustainable and equitable development, ideas that can be implemented directly and carried forward. A very valuable contribution in troubled times.” —Noam Chomsky, leading public intellectual and author of Hope and Prospects
Book Synopsis Democracy at Work by : Richard Wolff
Download or read book Democracy at Work written by Richard Wolff and published by Haymarket Books. This book was released on 2012-10-02 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: What, and who, are we working for? A thoughtful assessment on our current society from “probably America’s most prominent Marxist economist” (The New York Times). Capitalism as a system has spawned deepening economic crisis alongside its bought-and-paid-for political establishment. Neither serves the needs of our society. Whether it is secure, well-paid, and meaningful jobs or a sustainable relationship with the natural environment that we depend on, our society is not delivering the results people need and deserve. One key cause for this intolerable state of affairs is the lack of genuine democracy in our economy as well as in our politics. The solution requires the institution of genuine economic democracy, starting with workers managing their own workplaces, as the basis for a genuine political democracy. Here Richard D. Wolff lays out a hopeful and concrete vision of how to make that possible, addressing the many people who have concluded economic inequality and politics as usual can no longer be tolerated and are looking for a concrete program of action. “Wolff’s constructive and innovative ideas suggest new and promising foundations for much more authentic democracy and sustainable and equitable development, ideas that can be implemented directly and carried forward. A very valuable contribution in troubled times.” —Noam Chomsky, leading public intellectual and author of Hope and Prospects
Andrew Carnegie was a leading industrialist who used his fortune to create a legacy of philanthropy and peace advocacy. This biography examines his rise from a poverty-stricken childhood to a position of international leadership.
Book Synopsis Andrew Carnegie by : Samuel Bostaph
Download or read book Andrew Carnegie written by Samuel Bostaph and published by Rowman & Littlefield. This book was released on 2017-10-01 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: Andrew Carnegie was a leading industrialist who used his fortune to create a legacy of philanthropy and peace advocacy. This biography examines his rise from a poverty-stricken childhood to a position of international leadership.
A riveting narrative of Wall Street buccaneering, political intrigue, and two of American history's most colossal characters, struggling for mastery in an era of social upheaval and rampant inequality. It seemed like no force in the world could slow J. P. Morgan's drive to power. In the summer of 1901, the financier was assembling his next mega-deal: Northern Securities, an enterprise that would affirm his dominance in America's most important industry-the railroads. Then, a bullet from an anarchist's gun put an end to the business-friendly presidency of William McKinley. A new chief executive bounded into office: Theodore Roosevelt. He was convinced that as big business got bigger, the government had to check the influence of the wealthiest or the country would inch ever closer to collapse. By March 1902, battle lines were drawn: the government sued Northern Securities for antitrust violations. But as the case ramped up, the coal miners' union went on strike and the anthracite pits that fueled Morgan's trains and heated the homes of Roosevelt's citizens went silent. With millions of dollars on the line, winter bearing down, and revolution in the air, it was a crisis that neither man alone could solve. Richly detailed and propulsively told, The Hour of Fate is the gripping story of a banker and a president thrown together in the crucible of national emergency even as they fought in court. The outcome of the strike and the case would change the course of our history. Today, as the country again asks whether saving democracy means taming capital, the lessons of Roosevelt and Morgan's time are more urgent than ever. Winner of the 2021 Theodore Roosevelt Association Book Prize Finalist for the Presidential Leadership Book Award
Book Synopsis The Hour of Fate by : Susan Berfield
Download or read book The Hour of Fate written by Susan Berfield and published by Bloomsbury Publishing USA. This book was released on 2020-05-05 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: A riveting narrative of Wall Street buccaneering, political intrigue, and two of American history's most colossal characters, struggling for mastery in an era of social upheaval and rampant inequality. It seemed like no force in the world could slow J. P. Morgan's drive to power. In the summer of 1901, the financier was assembling his next mega-deal: Northern Securities, an enterprise that would affirm his dominance in America's most important industry-the railroads. Then, a bullet from an anarchist's gun put an end to the business-friendly presidency of William McKinley. A new chief executive bounded into office: Theodore Roosevelt. He was convinced that as big business got bigger, the government had to check the influence of the wealthiest or the country would inch ever closer to collapse. By March 1902, battle lines were drawn: the government sued Northern Securities for antitrust violations. But as the case ramped up, the coal miners' union went on strike and the anthracite pits that fueled Morgan's trains and heated the homes of Roosevelt's citizens went silent. With millions of dollars on the line, winter bearing down, and revolution in the air, it was a crisis that neither man alone could solve. Richly detailed and propulsively told, The Hour of Fate is the gripping story of a banker and a president thrown together in the crucible of national emergency even as they fought in court. The outcome of the strike and the case would change the course of our history. Today, as the country again asks whether saving democracy means taming capital, the lessons of Roosevelt and Morgan's time are more urgent than ever. Winner of the 2021 Theodore Roosevelt Association Book Prize Finalist for the Presidential Leadership Book Award
“A wide-ranging examination of America’s entry into World War II.” —Kirkus Reviews, starred review In 1941: Fighting the Shadow War, A Divided America in a World at War, historian Marc Wortman thrillingly explores the little-known history of America’s clandestine involvement in World War II before the attack on Pearl Harbor. Prior to that infamous day, America had long been involved in a shadow war. Winston Churchill, England’s beleaguered new prime minister, pleaded with Franklin D. Roosevelt for help. FDR concocted ingenious ways to come to his aid, without breaking the Neutrality Acts. Launching Lend-Lease, conducting espionage at home and in South America to root out Nazi sympathizers, and waging undeclared war in the Atlantic, were just some of the tactics with which FDR battled Hitler in the shadows. FDR also had to contend with growing isolationism and anti-Semitism as he tried to influence public opinion. While Americans were sympathetic to those being crushed under Axis power, they were unwilling to enter a foreign war. Wortman tells the story through the eyes of the powerful as well as ordinary citizens. Their stories weave throughout the intricate tapestry of events that unfold during the crucial year of 1941. Combining military and political history, Wortman’s “brisk narrative takes us across nations and oceans with a propulsive vigor that speeds the book along like a good thriller” (The Wall Street Journal). “A fascinating narrative of a domestic conflict presaging America’s plunge into global war.” —Booklist, starred review
Book Synopsis 1941: Fighting the Shadow War by : Marc Wortman
Download or read book 1941: Fighting the Shadow War written by Marc Wortman and published by Open Road + Grove/Atlantic. This book was released on 2016-04-19 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A wide-ranging examination of America’s entry into World War II.” —Kirkus Reviews, starred review In 1941: Fighting the Shadow War, A Divided America in a World at War, historian Marc Wortman thrillingly explores the little-known history of America’s clandestine involvement in World War II before the attack on Pearl Harbor. Prior to that infamous day, America had long been involved in a shadow war. Winston Churchill, England’s beleaguered new prime minister, pleaded with Franklin D. Roosevelt for help. FDR concocted ingenious ways to come to his aid, without breaking the Neutrality Acts. Launching Lend-Lease, conducting espionage at home and in South America to root out Nazi sympathizers, and waging undeclared war in the Atlantic, were just some of the tactics with which FDR battled Hitler in the shadows. FDR also had to contend with growing isolationism and anti-Semitism as he tried to influence public opinion. While Americans were sympathetic to those being crushed under Axis power, they were unwilling to enter a foreign war. Wortman tells the story through the eyes of the powerful as well as ordinary citizens. Their stories weave throughout the intricate tapestry of events that unfold during the crucial year of 1941. Combining military and political history, Wortman’s “brisk narrative takes us across nations and oceans with a propulsive vigor that speeds the book along like a good thriller” (The Wall Street Journal). “A fascinating narrative of a domestic conflict presaging America’s plunge into global war.” —Booklist, starred review
