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Marshall Field Page entitled :
Success factors in Marshall Field's career
Content of this page is about :
What made Marshall Field the greatest retailer in Chicago and put him in a
league with A. T. Stewart and John Wanamaker, principles in retailing and
personnel management.
Extract :
... used these shares to admit other outstanding managers to partnerships, thereby ensuring that his key employees had a long term interest in the firm and stayed. All of Marshall Field’s eleven partners retired as wealthy men.
Henry Willing had joined Field, Leiter & Company in 1870 and when he retired in 1883, he had amassed a fortune of just over $1 million. In 1885, John G. McWilliams, who had joined the firm just after Civil War still wearing his Union Army uniform, retired with a fortune of ...
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