Charles Flint and the Founding of IBM
Charles Ranlett Flint was an American businessman who is considered as one of the world’s most famous serial entrepreneurs. Born in the State of Maine on January 24, , he founded Computing-Tabulating-Recording Company which later became International Business Machine (IBM) Company.
Charles was the son of a shipping magnate. He attended the then Brooklyn Polytechnic Institute and graduated with a degree of engineering. At age 21, he became a partner of a shipping company. Later, he was appointed consul for some Latin American countries from to
In , Charles founded US Rubber Corporation which was formed from the merger of several rubber companies. He also helped in the setting up of American Chicle which was also a consolidation of smaller chewing gum companies. In , he repeated the strategy to formed American Woolen, a textile trust.
The IBM story followed the same pattern. This once computer monolith started with the formation of Computing-Tabulating-Recording Company in Charles believed that a company with many products is more stable and more sustainable. If one of its products has a bad year, the other products will sustain
Charles Ranlett Flint: The Visionary "Father of Trusts" Who Shaped IBM and American Industry
The American industrialist Charles Ranlett Flint pioneered the corporate "trust" model at the turn of the 20th century, orchestrating sweeping consolidations across shipping, rubber, chewing gum and office technology firms. His prescient vision of combination and efficiency laid the groundwork for behemoths like IBM. Academics hailed him as an evolutionary force revolutionizing industry, while critics attacked his oversized conglomerates. Love him or hate him, Flint introduced a form of business organization that has stood the test of time.
From Clipper Fleets to Chewing Gum Empires
Charles Ranlett Flint was born in into a well-established family shipping business in Thomaston, Maine. His father Benjamin Chapman ran one of the largest American clipper fleets used for trade with China and around Cape Horn. After his mother‘s untimely death, the family relocated to New York City to help operate the Chapman & Flint merchant traders.
Young Charles soaked up the ins-and-outs of global commerce from his new perch in New York Harbor. This formative business educ
In he joined the firm of Flint & Co., commission merchants, where he was to remain active for some two decades. The firm appears to have been an offshoot of Chapman & Flint, which had gradually evolved from ship-building and operation in Maine, to merchant banking and general merchandise trade in New York.
Charles R. Flint was the founder of the Computing-Tabulating-Recording Company, the forerunner of IBM. It was formed in when The Computing Scale Corporation, The Time Recording Company, and The Tabulating Machine Company were merged by Charles Ranlett Flint. He served on the board of directors of IBM until when he retired. In he engaged Thomas J Watson as General Manager, who universally changed the name from C-T-R to International Business Machines in
In he was dubbed "the Father of the Trusts" by Chicago newspapers. Flint was responsible for some twenty-one
In , Charles Flint graduated from the Polytechnic Institute in Brooklyn, and in entered the shipping business as a partner in Gilchrest, Flint & Co., and later W.R. Grace & Co. after a merger. From to , he served as the Chilean consul at New York City. He also served as consul general to the United States for Nicaragua and Costa Rica. In , he merged several companies to form U. S. Rubber. In he repeated the same with Adams Chewing Gum, Chiclets, Dentyne, and Beemans to form American Chicle. He was also responsible for the formation of American Woolen in He negotiated the Wright Brothers&#; first sales of airplanes overseas. His biggest achievement came in when he successfully merged four companies to form the CTR or Computing-Tabulating-Recording Company. In , the company was re-christened as International Business Machines and went on to dominate the computer industry in the USA for several decades. Flint served on the board of directors of IBM until when he retired.
Biographies you may also like
Gollayan sisters biography of alberta Almira Gollayan Cercado (born October 28, ) is a Filipino Singer under ShowBT Entertainment. She is currently the leader of the girl group 4th Impact. She was the recipient of Missing: alberta.
Graeme simpson biography of martin garrix Martijn Garritsen (born 14 May ), better known by his stage name Martin Garrix (stylized Mar+in Garri×), is a Dutch DJ, composer, musician and record producer. He is currently .
Nihat alptug biography of william William, Prince of Wales (William Arthur Philip Louis; born 21 June ), is the heir apparent to the British throne. He is the elder son of King Charles III and Diana, Princess of Wales. William Missing: nihat alptug.
Norwell roberts biography of michael jordan Michael Jordan, the iconic basketball superstar known for his unmatched athleticism and competitive drive, revolutionized the game while winning six NBA championships with the Missing: norwell roberts.
George laughlin yea networks George Laughlin is the CEO of YEA Networks, one of the most popular syndicate Radio Show hosts in the US. Included in their repertoire are the following known & loved shows: * The Kidd .
Rahul bose birth date Rahul Bose Birth Chart. What time, date and place was Rahul Bose born? Rahul Bose born in Kolkata, India on 27 July at. What is Rahul Bose’s zodiac sign? Rahul Bose zodiac sign .
Chuck close biography paintings In Close moved to New York City and executed his first black and white painting: a large-scale nude based on photographs he had made in Massachusetts. Between
Ofira sandberg biography of christopher columbus Christopher Columbus: His Life, His Works, His Remains, As Revealed by Original Printed and Manuscript Records, Together with an Essay on Peter Martyr of Anghera and Missing: ofira sandberg.