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Henry Ford Listed in Fortune’s "20 Key Decisions"

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Fortune 75 – Best and Worst Calls in Business History – FORTUNE  (PDF)

Now I think the “$5 a day” story is pretty widely known by now, but did you know that “To qualify for that $5, workers would have to remain in good moral standing (no saloons) and submit to intrusive home visits from Ford's Sociology Department.”

???

I've never heard that dark detail.

On the plus side, “For the first time, a major industrialist had suggested that the contract between employer and employee consisted of more than just a wage (and the lowest possible one at that).”

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Mark Graban is an internationally-recognized consultant, author, and speaker who has worked in healthcare, manufacturing, and startups. He is author of the Shingo Award-winning books Lean Hospitals and Healthcare Kaizen, as well as The Executive Guide to Healthcare Kaizen. His most recent book is the anthology Practicing Lean that benefits the Louise H. Batz Patient Safety Foundation, where Mark is a board member. Mark is also the VP of Improvement & Innovation Services for the technology company KaiNexus. He is currently writing his next book, tentatively titled Measures of Success.

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