Codger_64
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- Joined
- Oct 8, 2004
- Messages
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First of all, I suppose I should explain what the connection with this tome is with Imperial Schrade, whose history and principal leaders I have written about at some length. As the demographics and buying habits of the American public shifted dramatically from the late 1800's through the mid 1900's (and, as you are aware, continued to do so from the mid 1900's through the turn of this new century), it took some innovative thinking, calculated risk-taking and marketing insight to stay not only on top of the markets and meet the demands for new products, but to actually lead the way through recession, depression, war, recoveries, and boom times. These remarkable leadership and organizational skills come naturally to a select few men. Still more rare are the men who have the ability to far excel all competition and dominate a particular industry while maintaining a "code of honor", going beyond merely giving their markets what will sell at whatever the costs, and extending to philanthropy, fair treatment of workers, vendors and customers. Naturally, this leads to involvement in social issues and thus into politics.
In my past writings, I have given examples of these traits involving Albert Baer, his rise from stockboy to the owner and director of the world's largest cutlery corporation, his philanthropy (Co-founder of the International Heart Association) and business acumen. Attendant with the rise of the Baer holdings, and chiefly responsible for providing him with a very important market outlet for his goods, inspiring him to expand his lines well beyond the pocketknives with which he started his eventual cutlery empire, was Sears Roebuck & Company. Baer himself, by my research, was greatly inspired and influenced by his early business mentors, grandfather Henry Bodenheim and family friend.. former partner of Bodenheim and eventual employer... Adolph Kastor (much to the chagrin of Kastor's two sons, Robert and Alfred).
So, along with researching old Sears Roebuck & Co. catalogs to determine who made which knives and when, I've also been researching the company itself. Unlike the Imperial Schrade Corporation, much has been written over the years regarding Sears, it's history and leaders. Reading about Sears history with ISC history in mind, it is easy for me to picture the influence the company's leaders had not only on our evolving culture, but upon Albert Baer's own philosophy and principals. If I had to boil down my gleanings from the study of both enterprises and their current situations, I would have to say that the loss of not only the founding giants, but the corporate memory of their philosophies and ability to read and adjust to markets led to their downfall. As Sears went through a succession of so-so leadership after the retirement and death of General Robert E. Wood and has now found itself merged with their old nemesis, Kresge (K-Mart), ISC after the passing of Baer (also Camillus) found itself floundering and unable to keep up with a changing market while moving into the new century. Sears never found another Rosenwald or Wood. ISC/Camillus never found another Baer.
Kudos to Gardiner and Furgal for keeping the ship from hitting the sand as long as they did, however. Both worked long and hard trying to fill some mighty big shoes, but in the end despite divesting the companies of outside holdings and unprofitable enterprises, the companies demises were only prolonged. They knew manufacturing, but not forward vision of the market, and facing disinterested owners, did not have the power to command. Likewise with Sears, once the world's largest merchant with the world's largest store.
I'll continue this an give some insight into Sears history, and just who Rosenwald and Wood were if there is sufficient interest.
Michael
In my past writings, I have given examples of these traits involving Albert Baer, his rise from stockboy to the owner and director of the world's largest cutlery corporation, his philanthropy (Co-founder of the International Heart Association) and business acumen. Attendant with the rise of the Baer holdings, and chiefly responsible for providing him with a very important market outlet for his goods, inspiring him to expand his lines well beyond the pocketknives with which he started his eventual cutlery empire, was Sears Roebuck & Company. Baer himself, by my research, was greatly inspired and influenced by his early business mentors, grandfather Henry Bodenheim and family friend.. former partner of Bodenheim and eventual employer... Adolph Kastor (much to the chagrin of Kastor's two sons, Robert and Alfred).
So, along with researching old Sears Roebuck & Co. catalogs to determine who made which knives and when, I've also been researching the company itself. Unlike the Imperial Schrade Corporation, much has been written over the years regarding Sears, it's history and leaders. Reading about Sears history with ISC history in mind, it is easy for me to picture the influence the company's leaders had not only on our evolving culture, but upon Albert Baer's own philosophy and principals. If I had to boil down my gleanings from the study of both enterprises and their current situations, I would have to say that the loss of not only the founding giants, but the corporate memory of their philosophies and ability to read and adjust to markets led to their downfall. As Sears went through a succession of so-so leadership after the retirement and death of General Robert E. Wood and has now found itself merged with their old nemesis, Kresge (K-Mart), ISC after the passing of Baer (also Camillus) found itself floundering and unable to keep up with a changing market while moving into the new century. Sears never found another Rosenwald or Wood. ISC/Camillus never found another Baer.
Kudos to Gardiner and Furgal for keeping the ship from hitting the sand as long as they did, however. Both worked long and hard trying to fill some mighty big shoes, but in the end despite divesting the companies of outside holdings and unprofitable enterprises, the companies demises were only prolonged. They knew manufacturing, but not forward vision of the market, and facing disinterested owners, did not have the power to command. Likewise with Sears, once the world's largest merchant with the world's largest store.
I'll continue this an give some insight into Sears history, and just who Rosenwald and Wood were if there is sufficient interest.
Michael