The Best Business Decisions of All Time

Published on 04/14/2015
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Henry Ford doubles the wages of all employees.

While you can say a lot about Henry Ford and his personal beliefs, there was one thing that he absolutely did which we can all stand behind: he doubled the wages of all his factory workers. Over 100 years ago today Ford made the decision to double the wages of his employees in order to increase their quality of life and help establish a true middle class. Ford was offering an astounding $5 a day for eight hours of work in a giant factory in which employees would help revolutionize the automobile. That $5 wage could be adjusted with inflation to roughly $120 today. The decision helped to stabilize Fords workforce while simultaneously pushing the company forward into a historic name.

Henry Ford doubles the wages of all employees

Henry Ford doubles the wages of all employees

Apple brings back Steve Jobs.

It’s hard to believe in an Apple that exists without Steve Jobs at the forefront. Though he passed away just a few years ago, Apple was once bereft of the man on his own accord. A ten year absence, from 1986 to 1995, saw Apple do decent in the marketplace but nothing special. Jobs was gone and, oddly enough, innovation was at a standstill. Yet in 1996 Jobs returned to the company he helped create and from there we would see Apple take off to become the juggernaut that they are today. From there would we see many of his most innovative ideas come to fruition with the iMac in 1998 being the driving product.

Apple brings back Steve Jobs

Apple brings back Steve Jobs

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