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Management article
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Reference no. 64514
Authors: Harold Wolff
Published by: Harvard Business Publishing
Published in: "Harvard Business Review", 1964

Abstract

Former General Motors Chairman Alfred Sloan''s biography has been read as a blueprint for a successful organization, but the secret of the company''s success is not just the organizational and financial techniques described by Sloan, but the ways of developing managerial talent that appear only when reading between the lines. The company''s balance of centralization and decentralization is difficult to imitate, and other pioneering companies such as Du Pont have failed to apply the decentralized structure to new overseas operations.

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Abstract

Former General Motors Chairman Alfred Sloan''s biography has been read as a blueprint for a successful organization, but the secret of the company''s success is not just the organizational and financial techniques described by Sloan, but the ways of developing managerial talent that appear only when reading between the lines. The company''s balance of centralization and decentralization is difficult to imitate, and other pioneering companies such as Du Pont have failed to apply the decentralized structure to new overseas operations.

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