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The Puritan Gift: Reclaiming the American Dream Amidst Global Financial Chaos
Ken Hopper and Will Hopper

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Format: Paperback, 352pp.
ISBN: 9781845119867
Publisher: I. B. Tauris
Pub. Date: March 17, 2009

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Item No: 9781845119867

Description and Reviews
From The Publisher:

Financial Times Top Ten Business Book of 2007!

The Puritan Gift traces the origins and the characteristics of American managerial culture which, in the course of three centuries, would turn a group of small colonies into the greatest economic and political power on earth. It was the Protestant ethic whose characteristics--thrift, a respect for enquiry, individualism tempered by a need to cooperate, success as a measure of divine approval--helped to create the conditions which led to America's managerial and corporate success. Thus, the authors contend, the drive, energy and acceptance of innovation, competition, growth and social mobility, all have their origins in the discipline and ethos of America's first wave of European immigrants: the Puritans. And, the authors warn, as Americans distance themselves from core values which produced their nineteenth and twentieth century business and economic successes, they endanger the basis for their prosperity and security.


"Kenneth Hopper is certainly one of the most eloquent, and credible voices being raised on this issue."
—Robert Hayes, Harvard University

"A goldmine of information."
—Myron Tribus, Massachusetts Institute of Technology

"A very thought-provoking and readable book."
—Linda Hesselman, Management Studies Centre, University College, London

"A stunning triumph . . . An important new contribution to the academic study of management."
—Professor Peter Kawalek, Manchester Business School

"The best thing about The Puritan Gift is that it is a real book, full of fascinating insights, intellectual rigour and challenging, authoritative arguments that remind us that there is nothing new about the responsibilities of management."
—Richard Donkin, Financial Times

'Mr. Fuld [Lehman Brothers] displayed…an air of pained bewilderment at his congressional committee hearing last week. His expression of regret at the collapse of his bank should be included in every MBA syllabus. As Will and Kenneth Hopper point out in their essential book The Puritan Gift, the main tasks of the CEO were to determine strategy, appoint divisional heads and supervise their work…’’
—Stefan Stern, Financial Times

‘In The Puritan Gift, published last year, the septuagenarian Scottish brothers William and Kenneth Hopper, respectively a banker and an engineer-turned-industrial consultant, argued that for 200 years the puritan foundations of America kept its businesses intact, emphasising craft, financial responsibility and the sublimation of private interest to the group.’
—Andrew Billen, TIMES, 9th March 2009

"...bold, original and agreeably opinionated"
—Simon Caulkin, Observer

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About the Authors

Kenneth Hopper has been active for 50 years as a writer on industrial affairs and a consultant in both the U.S. and Europe. William Hopper has spent his career in investment banking in New York and London.

Table of Contents

List of Illustrations
Part I: Origins
The Puritan Origins of American Managerial Culture
The Great Migration of the 1630s
‘Westward’ the Course of Empire Takes its Way
the Profound Influence of French Technology
Part II: Rise
Colonel Roswell Lee Designs the Multidivisional Corporation
Dan McCallum Creates the Multidivisional Corporation
Frederick W. Taylor Reorganizes the Factory Floor
Pierre du Pont Invents the Modern Manufacturing Company
Part III: Triumph
The Golden Age of American Management (1920-1970)
Three Wise Men from the West Go to Japan
Part IV: Collapse – The Cult of the (So-called) Expert
Origins and Nature of the Cult
Impact of the Cult on the Great Engine Companies
The Business Schools as Temples of the Cult
Impact of the Cult on Society
The Years that the Locust Ate (1971-1995)
Dr. Deming Rides to the Rescue
- and Fails (1980-1993)
The Third (or Sino-Japanese) Industrial Revolution
Part V: Revival
The False Dawn (1996-2000)
The First Light of the True Dawn (2001-2006)
Appendix: Twenty-five Principles Underlying Good Practice from the Golden Age of Management (1920-1970)
Index of Names
Subject Index

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