Charles Schwab led three gigantic enterprises: Carnegie Steel, U.S. Steel, and Bethlehem Steel. His benevolent personality attracted the most productive workers, whom he rewarded financially. He saw no clash between labor and management. Why did his staff feel a sense of pride under Schwab's leadership? In his words, "I consider my ability to arouse enthusiasm among men the greatest asset I possess. The way to develop the best that is in a man is by appreciation and encouragement."