Alfred Chandler (Historian)

Alfred Chandler was an influential American historian and business scholar known for his work on the development of large corporations and their impact on modern economies. His key concepts include the importance of managerial structures and strategic planning in successful businesses. Chandler's notable books, such as "The Visible Hand," argue that management played a crucial role in coordinating production and distribution, shaping the modern corporate landscape. He emphasized how the rise of the railroads and manufacturing industries transformed economic practices, laying the foundation for contemporary business management and organizational theory.