The story of Henry Ford, his rise and decline, and of the revival of his company is what one might call a controlled experiment of mismanagement. The first Ford failed because of his firm conviction that a business did not need managers and management. All it needed, he believed, was the owner-entrepreneur with his "helpers". For example, he would fire or sideline any of his "helpers", no matter how able, who dared act as a "manager", make a decision, or take action without orders from himself. Ford's failure was not the result of personality or temperament but, first and foremost, the result of his refusal to accept managers and management as necessary.
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Jeremy's 21st.
Slept at 3 a.m. last night.
Times flies when you talk.
I wake with a sense of trepidation each day, but I'll have it no other way.
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