
Alfred R. Sloan - Late CEO of General Motors in the mid-20th century, known for his management style
Alfred R. Sloan was the CEO of General Motors (GM) from the 1920s to the 1940s and is renowned for revolutionizing the automotive industry through his innovative management practices. He implemented a decentralized organizational structure, allowing divisions to operate independently while adhering to overall corporate goals. Sloan emphasized the importance of market research, consumer preferences, and product differentiation, leading to the introduction of various car models at different price points. His strategies helped GM become the largest automaker in the world, showcasing a successful blend of strong leadership, strategic planning, and responsive marketing.