Please open https://hotaudiobook.com ONLY on your standard browser Safari, Chrome, Microsoft or Firefox to download full audiobooks of your choice for free.
Title: The Caterpillar Way
Subtitle: Lessons in Leadership, Growth, and Shareholder Value
Author: Craig T. Bouchard, James V. Koch
Narrator: Gary MacFadden
Format: Unabridged
Length: 9 hrs and 39 mins
Language: English
Release date: 04-02-14
Publisher: McGraw-Hill Education
Ratings: 4 of 5 out of 13 votes
Genres: Business, Management
Publisher's Summary:
In the early 1980s, Caterpillar, Inc. lost one million dollars per day for three consecutive years. Its continuing existence came into question. Today, "CAT" is the world's most profitable manufacturer of construction and mining equipment and large engines. The now-legendary global company made numerous well-calculated, though risky, decisions for three consecutive decades - in the process scaling to heights unimaginable to even the finest business enterprises.
How did they do it? The Caterpillar Way. Senior management at CAT facilitated the authors' one-year odyssey through the hallways and intriguing history of the construction-industry giant. This inspiring audiobook takes you behind the scenes with the CEOs, executive vice presidents, managers, dealers, customers, union bosses, and Wall Street analysts who were players in Caterpillar's drive to global dominance.
The Caterpillar Way provides essential management lessons in powerful behind-the-scenes stories. You'll learn how the Caterpillar leaders responded quickly to changing markets, allocated capital efficiently throughout the firm, and nourished a cultish team spirit that wins. Innovative leaders make game-changing decisions.
If any company is built to last, it's Caterpillar, Inc. With its trademark yellow trucks, cranes, machinery, and engines, this home-grown manufacturer has survived more than its share of ups and downs to become the number-one industry leader of construction equipment in the world. The Caterpillar Way reveals, for the first time, the remarkable inside story, written with full access to the way CAT runs its business, from bottom to top.
They blaze their own trail. This is The Caterpillar Way.
Members Reviews:
Choice summary but short on detail
Great book for the investor that merely enjoys a superficial glance at a company. The book falls short of investigating the Caterpillar generic parts market role in sustaining residual values of equipment, it's influence over the Illinois legislature, transfer pricing, anticompetitive nature of its parts distribution and global pricing structure.
Caterpillar's ethical code so highly regarded in the book seemed to be disregarded when it produced equipment together with the South African Dealer under the brand name Wright during apartheid.
Globalization and economic patriotism
A real eye opener as to how multi billion dollar business's shape and influence American economics and foreign policy. Caterpillar as a stellar performer on Wall St. producing dividends, and capital gains, is remarkable. But as Globalization of Caterpillar increased to the point, where the American business side and workforce, Is less than 1/2 of the entire business, makes a person wonder.
What has become of real friendship and economic patriotism ? Free Trade has huge impacts , at home and abroad , as American business invades overseas countries and Foreign business invades the USA. For anyone interested in the American economy, politics, and manufacturing business, this is a must read ! Very interesting !
The history of Caterpillar
This is a good book, the most of the book includes are matching with my expectation.