My Life and Work

Henry Ford is the classical writer on management. He stands on a same line with Sun Tzu, Niccolò Machiavelli, Robert Owen, Frederick Taylor and Henri Fayol. This is the foundation of all the management literature, and every modern manager should be aware with the works of the authors above mentioned. In the book "My Life and Work", Henry Ford presents his view on different things: management philosophy, social life, human abilities and capabilities, the role of the bankers in the production, good debt and bad debt, the labor and the speculation, the roots of poverty and the ways to solve it, the role of the government, and other important topics. You will also find an autobiography in this book, but there is a lot of things that Henry Ford avoids in this book, e.g. how did he took the controlling stake in the Ford Motor Company. He didn't write in the book that he have started another company, Henry Ford and Son, and made a show of taking himself and his best employees to the new company; the goal was to scare the remaining holdout stockholders of the Ford Motor Company to sell their stakes to him before they lost most of their value. The ruse worked, and Henry and his son purchased all remaining stock from the other investors, thus giving the family sole ownership of the company.