In 1913, Henry Ford cut the time it took to build a Model T from 12 hours to just over 90 minutes. He accomplished this feat through a revolutionary breakthrough in process design: Instead of skilled craftsmen building a car from scratch by hand, Ford created an assembly line where standardized tasks happened in sequence,…
The meaning of leadership has evolved as the business landscape has shifted in recent years. Here are the four traits shared by today’s most successful CEOs.