This recording is a summary of "The Concept of the Corporation". A narrator gives the summary of the book, including the 1983 epilogue, followed by a conversation with Peter Drucker. The book's main points are discussed, including some of the methods and policies implemented by General Motors, decentralization, and the importance of accepting the imperfections of an organization. It is stated that the first rule of any business is survival. At General Motors, variety in the operation and management of each unit is not only allowed, it is encouraged, and voicing criticism is a sign of initiative. They also use an "objective yardstick" as a factual basis of performance for policy decisions, like promotions. The narrator then discusses the retrospective epilogue which discusses General Motors's reception of Drucker’s book. It closes with Peter Drucker's description of Alfred Sloan, and the future of General Motors.
Drucker, Peter F. (Peter Ferdinand), 1909-2005 Corporations Books General Motors automobiles General Motors Company General Motors Corporation Sloan, Alfred P. (Alfred Pritchard), 1875-1966 Big business Management Decentralization in management Executives Roosevelt, Franklin D. (Franklin Delano), 1882-1945 Ford, Henry, 1863-1947 Ford Motor Company General Electric Company Reuther, Walter, 1907-1970 Claremont (Calif.) Gambling Polygamy Performance Labor unions Competition Chrysler, Walter P. (Walter Percy), 1875-1940 Automobile industry and trade Deaf
Source
Cassette tape: The Fast Track - Concept of the Corporation; December 1990; Box 68, audio recordings - cassette tapes
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