A new book takes issue with the Sloan management model, arguing that its widespread use in American industry is a major reason why U.S. manufacturers are struggling in the leaner global economy. Rebirth of American Industry, by William H. Waddell and Norman Bodek, outlines the core principles in the Sloan management model that General Motor adopted in 1920. It compares GM’s financial state with that of Toyota, noting that Toyota’s lean Toyota Production System serves its customers and shareholders much more efficiently.

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