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My Life and Work - Henry Ford | 
 enlarge | Manufacturer: LeClue22
Category: EBooks
Buy New: $0.99
Avg. Customer Rating:  12 reviews
Sales Rank: 19145
Format: Kindle Book
Media: Kindle Edition
ASIN: B0013PTQ4M
Publication Date: February 8, 2008
Shipping: Eligible for Super Saver Shipping
Availability: Usually ships in 24 hours
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Book Description
The Autobiography of the founder of the Auto industry Henry Ford. One of the most successful, influential and controversial businessmen of the twentieth century.
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Unduly high prices are always a sign of unsound business, because they are always due to some abnormal condition. A healthy patient has a normal temperature; a healthy market has normal prices. High prices come about commonly by reason of speculation following the report of a shortage. Although there is never a shortage in everything, a shortage in just a few important commodities, or even in one, serves to start speculation. Or again, goods may not be short at all. An inflation of currency or credit will cause a quick bulge in apparent buying power and the consequent opportunity to speculate. There may be a combination of actual shortages and a currency inflation--as frequently happens during war. But in any condition of unduly high prices, no matter what the real cause, the people pay the high prices because they think there is going to be a shortage.
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| Customer Reviews: Read 7 more reviews...
 The best business and economics book ever written April 13, 2008
Anyone who has read "My Life and Work" will understand exactly what is wrong with our country today. There are three ways to create wealth--grow it, mine it, or make it--and activities like flipping houses or trading carbon credits do not qualify.
Ford developed what is now known as the Toyota production system, and readers will see a very explicit description of just in time manufacturing (and its benefits) in "My Life and Work."
Ford also summarized effective labor relations in one sentence: "It ought to be the employer's ambition, as leader, to pay better wages than any similar line of business, and it ought to be the workman's ambition to make this possible."
Henry's thoughts in todays world December 11, 2007
In reading the book I keep thinking what Henry was saying in 1922 could be said today. War profiteering, patriotism, interest rates, bureaucracy, education are all topics that sound so familiar in today's news. Henry had it right then in lots of ways and I think a lot of what he put forth it could be used in today's society.
A must read October 31, 2007
"A manufacturer is not through with his customer when a sale is
completed. He has then only started".
"Even as late as 1910 and 1911 the owner of an automobile was
regarded as essentially a rich man whose money ought to be taken away
from him. We met that situation squarely and at the very beginning. We
would not have our distribution blocked by stupid, greedy men."
You will read dozens of frases like this, reminding us that great ideias can become lost in time, that stupid people can if fact take control of our companies, media and what not, and we can slowly drift into oblivion.
An eye opener.
A Surprise from the Past May 12, 2007
2 out of 2 found this review helpful
I read about this book while doing some research into Lean management. Taiichi Ohno, "father" of the Toyota Production System noted that he learned many lean principles from Henry Ford. After finishing this book, I would recommend that EVERY CEO in this country be REQUIRED to read it. It is a wonderfully clear description of management and leadership principles that all companies should embrace. Mr. Ford is clear on the purpose of a company - to build products and provide services that meet the needs of its customers. If we do this, as he notes, the money will follow. We get it backwards so often these days - we think the purpose of a company is to make money or increase its share price.
As opposed to most business books where one idea is promoted and beaten to death, Mr. Ford's book is full of good ideas on all aspects of managing a business. It's a delightfully refreshing read!
My Life and Work January 30, 2007
2 out of 2 found this review helpful
This is a book every business executive should read at least twice.
The wisdom of one the greatest entrepreneurs and practical thinkers of our time is lasting.
Exellent book. Fords thinking is focused and joyful reading
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