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Course Title: Business 201, Business Titans
Prerequisite: None
Credits: 4
The Business Department endeavors to indentify the most influential business people
in the history of Western Civilization, and the starting point is this course, Business
201, Titans. Henry Ford, Andrew Carnegie, John D. Rockefeller Sr., and to a lessor
extent Harvery Firestone, Alexis Carrel, and Charles Lindbergh are
highlighted in this set. The Business Departments hopes that the inquisitive student
will continue exploration into the other Business 200 series of courses.
Henry Ford is one of a dozen, or fewer, Americans who so entirely transformed
the business landscape that any listing of titans without his name on it would be
a great historical travesty. In the latest account of the life of Henry Ford, The
People's Tycoon, published in 2005 and written by Steven Watts, the RSU student
will learn a great deal about the life of the man, and of course his business accomplishments.
Henry Ford fancied himself a man of the people, but was defeated in his only attempt
at public office. His established a $5 dollar work week, which was about double what
the average was up until then and he advanced the idea of assembly line work. The
motivation of his benevolence, was of course, to sell cars. Interestingly, he contends
to not have gotten into the automobile business to get rich, but to help people. This
terrific work of Steven Watts is a great read for students interested in the life
of business people, this is not a story about the Ford Motor Company.
Before there was Gates, and before Buffett, before Disney, before Ford, there was
Rockefeller. John D. Rockefeller, Sr. The first recorded billionaire is history, the
head of infamous Standard oil, the master of the monopoly, the man who was not afraid
to use violence to achieve his goals. But he also held deep religious convictions?
In Ron Chernow's Titan: The Life of John D. Rockefeller, Sr. we learn all that
and more. What was Standard Oil, that which controlled 90% of the country's oil market?
It was a "cooperation." A cooperation that came to define what a monopoly means, controlling
all aspects of a commodity: its discovery, extraction, refinement, delivery, and retail
sale. This is a great story of a man who's legacy is still felt today. Whose heir's
include a Vice President, and who's name appears on a great New York City landmark,
Rockefeller Center.
Uncommon Friends is including in this course for the very obvious reason of
it addressing the life of 5 extremely influential businessmen in American history.
It just so happens that James. D. Newton, the author, knew all these men quite personally.
Rarely does a clique of such stature get such exposure from a trusted insider. This
is not a book about digging up trash on former friends, this is a story of fond and
honest recollection. The students will learn how Lindbergh was dismayed by the role
of aviation in WWII, how Firestone was a proponent of consensus management. Other
interesting tidbits include Henry Fords interest in soy beans to replace metal parts
in his cars and the deep religious convictions of all these men. A great treasure
for so many reasons, this book will be a valued addition to any bookshelf.
Carnegie by Peter Krass, and published in 2002, is included in the course of
Business Titans, because to not have included Andrew Carnegie in our discussion of
great American Business men would be horrible. It would be a great task indeed to
fine someone, somewhere who doesn't know the name Carnegie, or at the very least hasn't
been touched by the great philanthropic works of the man. How many libraries are named
after Andrew Carnegie, Universities? Museums? Music Halls? How many men could it of
been said had the ear of presidents for decades? How many men transformed the face
of business? How many men started with nothing, and through hard work ascended to
the pinacle of wealth and influence. But on the other side, the man was ruthless.
He paid little. He fought against the rise of Unions. He was vindictive to even his
colleagues. To be sure, he was not a simple man, but his story is essential to the
rise of American business.
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