CEO of Parkwood Corp, chairman and CEO of the Jack, Joseph, and Morton Mandel Foundation, Morton Mandel has reached great success in both his financial and personal life. In his book It’s All About Who… Morton talks about his humble beginnings from working a summer job for his uncle in the wholesale auto parts business, to owning that same business with his brothers in July 1940. Though Morton joined the Army in World War II and left the business world behind him, it wasnâ€™t until after the war Morton and his brothers took a hard look at why their business was struggling to turn a major profit. Morton and his brothers realized that in an over-saturated market you have to come up with a different solution to attract customers; that sometimes business owners need to take a step back to see what their customers really need. What they learned propelled them into the future to live richer lives both monetarily and in the quality of life. Now Morton shares what he has learned about what a CEO is worth and how to hire and maintain â€œA employeesâ€.
Morton Mandel was named by Peter Drucker as one of three impressive CEOs alongside Jack Welch and Andy Grove. With his brothers, Jack and Joseph, he cofounded Premier Industrial Corporation in 1940, eventually merging it with Farnell Electronics in a $3 billion transaction. The three Mandel brothers established the Jack, Joseph and Morton Mandel Foundation which funds numerous social leadership initiatives all over the world. In his book, Itâ€™s All About Who, he shows how important it is to find, recruit and cultivate â€œAâ€ players for leadership roles.
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