In the 1940s, the name Henry J. Kaiser was magic. Based on the success of his shipyards, Kaiser was hailed by the national media as the force behind a 'can-do' production miracle and credited by the American public with doing more to help President Roosevelt win World War II than any other civilian. Kaiser also built an empire in construction, cement, magnesium, steel, and aluminum--all based on government contracts, government loans, and changes in government regulations. In this book, Stephen Adams offers Kaiser's story as the first detailed case study of 'government entrepreneurship.' Taking a fresh look at the birth of modern business-government relations, he explores the symbiotic connection forged between FDR and Kaiser. Adams shows that while Kaiser capitalized on opportunities provided by the growth of the federal government, FDR found in Kaiser an industrial partner whose enterprises embodied New Deal goals. The result of a confluence of administration policy and entrepreneurial zeal, Kaiser's dramatic rise illustrates the important role of governmental relations in American entrepreneurial success.
Originally published in 1997.
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I read this book mainly to get to know more about the source of the quote "Problems are only opportunities in work clothes". This is a frequently used sentence in continuous improvement, and I was curious about the author of the quote.
Outside of the U.S., and continuous improvement, I don't think people would have heard of him... including me.
The book itself is more like chronological recollection of important events, with conversation quotes, pictures around Kaiser - making him the center and hero of the story.
This book itself gives great insight about how companies can be successful when working with government. It is a strange mix of entrepreneurship, politics, hidden agendas, connections, being good in business.
Should you read it or not? If you are interested in the life of Henry J. Kaiser, maybe it is worth a speed read. If you are interested in working with government - then it certainly gives a lot of insight through the stories.
My main takeaway is more inspiration to find a way to get thing done, use new opportunities, and adapt to changing times and environments.