Alfred P. Sloan

Alfred P. Sloan was an influential American businessman who served as the president and later chairman of General Motors (GM) from the 1920s to the 1940s. He is credited with transforming GM into the world's largest automaker by pioneering innovative management techniques and marketing strategies. Sloan introduced the concept of annual model changes, creating a sense of excitement around new vehicles. He also advocated for decentralized management, allowing divisions to operate independently while still under a unified corporate strategy. Sloan’s leadership helped establish modern corporate practices and shaped the automotive industry’s future.