The third and final volume of the highly acclaimed history of Cargill
The third and final volume of the highly acclaimed history of Cargill
This final volume of Wayne G. Broehl, Jr.'s Cargill trilogy brings the history of this large privately held company up to the present day, offering a unique and informative behind-the-scenes look at one of the world's premier agribusiness corporations. The story picks up in 1977 as Whitney MacMillan begins his stewardship of the company and as Cargill begins to work its way through issues of corporate governance, business restructuring, and generational transitions within the owning families. MacMillan leads the company through great growth, diversification, and globalization. Broehl also discusses the changes at Cargill under two non-family CEOs, Ernest Micek and Warren Staley. Together, they transform the organization from a commodity-oriented entity to a customer-focused one.
“"[How a 135-year-old company can be changed . . . "-Journal of Economic Literature”
[H]ow a 135-year-old company can be changed . . . -- "Journal of Economic Literature"
Broehl carefully traces Cargill's complex growth and diversification in both enterprise and geography. Produced in large measure from a wealth of Cargill archival material, this volume . . . provides a rich... history of the organization. Recommended.-- "Choice"
WAYNE G. BROEHL, JR. (1922-2006) was the Benjamin Ames Kimball Professor of the Science of Administration Emeritus, Amos Tuck School of Business Administration, Dartmouth College. He wrote a number of books on business history, management theory, and economic development, including two previous books on the history of Cargill, and the award-winning Mollie Maguires, and John Deere's Company.
This second volume of the "biography" of America's largest privately held company picks up where Wayne Broehl's highly acclaimed Cargill: Trading the World's Grain left off. The year is 1960; Cargill has evolved from a pioneering grain trading firm to a giant whose enterprises include milling, seed production, livestock feeds, insurance, specialty steel products, metals trading, and even the construction of its own Mississippi River barges. At this crucial point in the company's life, the first non-family CEO and only the fourth in the firm's history, Erwin Kelm, is tapped for the company's top post. For the next seventeen years, the "Kelm era" is characterized by continued growth and diversification in the face of changing times and an unpredictable national and international scene. This is a story of the Kelm years, but it is also a narrative history of an American tradition - growth, adaptation, and success despite the stresses of internal, national, and world events.
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