There has to be this pioneer, the individual who has the courage, the ambition to overcome the obstacles that always develop when one tries to do something worthwhile, especially when it is new and different.

In 1934 he establiAlfred P. Sloand the philanthropic nonprofit Alfred P. Sloan's memoir My Years with General Motors written in the 1950s but withheld from publishing until an updated version was finally released in 1964 exemplified Sloan's vision of the professional manager and the carefully engineered corporate structure in which he worked. In 1916 Hyatt merged with other companies into United Motors Company which soon became part of General Motors Corporation.

Sloan is remembered for being a rational shrewd and very successful manager who led GM to become the largest corporation on earth a position it held for many years after his death. It is considered one of the seminal texts in the field of modern management education although the state of the art in management science has grown greatly in the half century since. Sloan's memoir My Years with General Motors written in the 1950s but withheld from publishing until an updated version was finally released in 1964 exemplified Sloan's vision of the professional manager and the carefully engineered corporate structure in which he worked.