Alfred Chandler

Alfred Chandler was a prominent American historian and business scholar known for his work on the evolution of large corporations and their management structures. He emphasized the importance of organizational strategy and structure in understanding the success of businesses. His influential books, such as "The Visible Hand," argued that management played a crucial role in guiding companies during the Industrial Revolution, contrasting with the idea that market forces alone shaped corporate growth. Chandler's research highlighted how companies adapted to changes in technology and market conditions, making him a key figure in business history and management studies.