front cover of In for the Long Haul
In for the Long Haul
The Life of John Ruan
William B. Friedricks
University of Iowa Press, 2003

Driven by grit and determination during the Depression, John Ruan parlayed a one-truck business into Ruan Transportation Management Systems, one of the nation’s leading trucking, leasing, and logistics companies. The trucking business made John Ruan one of the wealthiest and most influential people in Iowa and was the foundation for his vast fortune which included interests in insurance, banking, financial services, international trade, and real estate.

In the 1970s and 80s, Ruan led Des Moines’s renaissance with the construction of the 36-story original Ruan Center, the Marriott Hotel tower, and the Two Ruan Center office complex. But his contributions reached far beyond the confines of Iowa. As a philanthropist, Ruan was a long-time sponsor of the World Food Prize, which recognizes the importance of a nutritious and sustainable food supply for all people.

Based on extensive interviews with Ruan, family members, business associates, friends, and colleagues, as well as privately held papers and archives, In for the Long Haul presents a discerning portrait of this hard-charging yet compassionate businessman.

[more]

front cover of Indians, Cattle, Ships, and Oil
Indians, Cattle, Ships, and Oil
The Story of W. M. D. Lee
By Donald F. Schofield
University of Texas Press, 1985

Indian trader, rancher, harbor developer, oil impresario—these are the many worlds of one of the least chronicled but most fascinating characters of the American West. In the early, bustling years of the frontier, a brazen young man named William McDole Lee moved from Wisconsin to Kansas and then to Texas to forge a life for himself. Becoming a driving entrepreneurial force in Texas's development, Lee soon garnered the alliances and resources necessary to shape the financial destinies of disparate groups throughout the state. His story is expertly told in Donald F. Schofield's Indians, Cattle, Ships, and Oil.

Beginning in 1869 as a trader to the southern Cheyenne and Arapaho tribes and fort provisioner to troops garrisoned at Camp Supply, Indian Territory, Lee gained a partner and amassed a fortune in short order from trading buffalo hides and robes. Vast herds of buffalo grazing on the southern plains were killed largely on his order. When buffalo were no longer a profitable commodity, Lee tackled his next challenge—the cattle trade.

He began with herds branded LR that grazed on pastures near Fort Supply. Then came his LE herd in the Texas Panhandle. Another partnership, with noted cattle rancher Lucien Scott, resulted in the vast LS ranch, one of the most successful operations of its day. Lee even introduced a new breed of cattle, the Aberdeen-Angus, to the western range. But as his partnership faded, Lee moved on to his next undertaking—the development of Texas' first deep-water harbor.

In 1888, Lee and other financiers put up one million dollars to finance a dream: opening international trade from the waters of the Gulf of Mexico to the mainland at the mouth of the Brazos River. Their Brazos River Channel and Dock Company was to construct, own, and operate a deep-water harbor at Velasco, with a railroad link to Houston. Though threats of financial disaster loomed large, the Velasco facility was to welcome, in its day, tugs, barges, and three-masted schooners and to provide impetus for Houston's boom. Yet with success, the mercurial Lee turned to yet another challenge—oil.

Starting still another partnership, Lee committed himself to prospecting for oil on the West Columbia Ridge in Brazoria County. Lee and crew struck oil in 1907, developing one of the first producing wells of Brazoria County, but inadequate drilling equipment hampered further fruitful exploration. Lee moved his rigs to the famed Spindletop, where he perfected the technique of shallow drilling. Though spectacular success in the oil business eluded him, Lee's accomplishments set him squarely among the great entrepreneurs of the Texas oil industry.

Lee's exploits led him to roles in some of the most dramatic moments in Texas and the West—Indian uprisings, buffalo hunts, political scandals, cowboy strikes and shoot-outs, railroad promotions, oil-well blow-outs and gushers. The people he encountered are the famous and infamous of western history: Cheyenne Chief Little Robe and the outlaw "Hurricane Bill" Martin; Indian Agent John D. Miles and Major General John Pope; outlaws Tom Harris and William Bonney, and Sheriff Pat Garrett. Altogether, Lee's biography vividly shows one man's manipulation of people and events during the settlement of the American frontier.

[more]

front cover of Industrial Genius
Industrial Genius
The Working Life of Charles Michael Schwab
Kenneth Warren
University of Pittsburgh Press, 2007

Charles Schwab was known to his employees, business associates, and competitors as a congenial and charismatic person-a 'born salesman.' Yet Schwab was much more than a salesman-he was a captain of industry, a man who streamlined and economized the production of steel and ran the largest steelmaking conglomerate in the world. A self-made man, he became one of the wealthiest Americans during the Gilded Age, only to die penniless in 1939.

Schwab began his career as a stake driver at Andrew Carnegie's Edgar Thomson steel works in Pittsburgh at the age of seventeen. By thirty-five, he was president of Carnegie Steel. In 1901, he helped form the U.S. Steel Corporation, a company that produced well over half the nation's iron and steel. In 1904, Schwab left U.S. Steel to head Bethlehem Steel, which after twelve years under his leadership, became the second-largest steel producer in America. President Woodrow Wilson called on Schwab to head the Emergency Fleet Corporation to produce merchant ships for the transport of troops and materials abroad during World War I.

Kenneth Warren presents a compelling biography that chronicles the startling success of Schwab's business career, his leadership abilities, and his drive to advance steel-making technology and operations. Through extensive research and use of previously unpublished archival documentation, Warren offers a new perspective on the life of a monumental figure--a true visionary--in the industrial history of America.

[more]

front cover of The Insider
The Insider
How the Kiplinger Newsletter Bridged Washington and Wall Street
Rob Wells
University of Massachusetts Press, 2022

When Willard M. Kiplinger launched the groundbreaking Kiplinger Washington Letter in 1923, he left the sidelines of traditional journalism to strike out on his own. With a specialized knowledge of finance and close connections to top Washington officials, Kiplinger was uniquely positioned to tell deeper truths about the intersections between government and business. With careful reporting and insider access, he delivered perceptive analysis and forecasts of business, economic, and political news to busy business executives, and the newsletter’s readership grew exponentially over the coming decades.

More than just a pioneering business journalist, Kiplinger emerged as a quiet but powerful link between the worlds of Presidents Hoover and Roosevelt, and used his Letter to play a little-known but influential role in the New Deal. Part journalism history, part biography, and part democratic chronicle, The Insider offers a well-written and deeply researched portrayal of how Kiplinger not only developed a widely read newsletter that launched a business publishing empire but also how he forged a new role for the journalist as political actor.

[more]

front cover of Investing in Nature
Investing in Nature
Case Studies of Land Conservation in Collaboration with Business
William Ginn
Island Press, 2005

In 2004, U.S. consumers spent $5.2 billion purchasing bottled water while the government only invested 5 percent of that amount to purchase critical watersheds, parks, and wildlife refuges-systems vital to clean water and healthy environments. How can we reverse the direction of such powerful economic forces?

A group of dedicated business-people-turned-environmental-entrepreneurs is pioneering a new set of tools for land conservation deals and other market-based strategies. These pragmatic visionaries have already used these methods to protect millions of acres of land and to transform the practices of entire industries. They are transforming the very nature of conservation by making it profitable.


Drawing on his vast experience in both business and land conservation at The Nature Conservancy (TNC), William Ginn offers a practical guide to these innovative methods and a road map to the most effective way to implement them. From conservation investment banking, to emerging markets for nature's goods and services, to new tax incentives that encourage companies to do the "right" thing, Ginn goes beyond the theories to present real-world applications and strategies. And, just as importantly, he looks at the lessons learned from what has not worked, including his own failed efforts in Papua New Guinea and TNC's controversial compatible development approach in Virginia. In an era of dwindling public resources and scarce charitable dollars, these tools reveal a new, and perhaps the only, pathway to achieving biodiversity goals and protecting our lands.

Conservation professionals, students of land conservation, and entrepreneurs interested in green business will find Ginn's tales of high-finance deals involving vast tracts of pristine land both informative and exciting. More than just talk, Investing in Nature will teach you how to think big about land conservation.

[more]

front cover of Ivy and Industry
Ivy and Industry
Business and the Making of the American University, 1880-1980
Christopher Newfield
Duke University Press, 2003
Emphasizing how profoundly the American research university has been shaped by business and the humanities alike, Ivy and Industry is a vital contribution to debates about the corporatization of higher education in the United States. Christopher Newfield traces major trends in the intellectual and institutional history of the research university from 1880 to 1980. He pays particular attention to the connections between the changing forms and demands of American business and the cultivation of a university-trained middle class. He contends that by imbuing its staff and students with seemingly opposed ideas—of self-development on the one hand and of an economic system existing prior to and inviolate of their own activity on the other—the university has created a deeply conflicted middle class.

Newfield views management as neither inherently good nor bad, but rather as a challenge to and tool for negotiating modern life. In Ivy and Industry he integrates business and managerial philosophies from Taylorism through Tom Peters’s “culture of excellence” with the speeches and writings of leading university administrators and federal and state education and science policies. He discusses the financial dependence on industry and government that was established in the university’s early years and the equal influence of liberal arts traditions on faculty and administrators. He describes the arrival of a managerial ethos on campus well before World War II, showing how managerial strategies shaped even fields seemingly isolated from commerce, like literary studies. Demonstrating that business and the humanities have each had a far stronger impact on higher education in the United States than is commonly thought, Ivy and Industry is the dramatic story of how universities have approached their dual mission of expanding the mind of the individual while stimulating economic growth.

[more]


Send via email Share on Facebook Share on Twitter