CEO Hall of Fame
Most Respected CEOs & CEO Hall of Fame
Michael Dell Dell Computers
- Youngest CEO of a Fortune 500 (1965- Present)
- USA
"Ideas are a commodity. Execution of them is not." (Michael Dell)
It was not the product. it was the business model.
Aged 12, sells stamps by catalog.
Sells newspaper subscriptions
Enters the University of Texas at Austin.
Drops out of college to found Dell Computer.
Dell Computer's first year revenue $257.8 million.
Launches Dell's online and sales-exceed $3 million a day.
Key Success Factors : build to order, keep low stocks, sell direct,
support your customer.
Becomes one the richest men in the world
His direct internet business model is taught by many Executive
Education schools today's
Books & References:
Dell, Michael, with Catherine Fredman. Direct from Dell: Strategies That
Revolutionized an Industry. New York: Harper Information, 2000.
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