Alfred Chandler - Business Historian

Alfred Chandler was an influential American business historian known for his research on the growth and structure of large corporations. He focused on how businesses evolved in response to market demands and technological changes. Chandler’s key contributions include the idea that managerial hierarchies and organizational structures are essential for the efficient operation of large firms. His notable works, such as "The Visible Hand," examine how management practices shaped modern business strategies. Overall, Chandler's insights help us understand the relationship between business organization and economic development.