Saic Solution
Praise for THE SAIC SOLUTION\ "I have known Dr. Beyster for more than four decades and have long admired him—as a scientist, a manager, and as a person. This book provides a rare glimpse of the inner workings of Dr. Beyster's highly effective business practices, and it is essential reading for anyone who hopes to build a business that makes a profit—and makes a difference."\ —Melvin R. Laird U.S. Secretary of Defense (1969–73)Senior Counselor for National and International Affairs The...
Search in google:
Can an employee-owned company succeed? Here is the inside story of one that thrived and grew to become a significant force in the nation’s scientific and technical markets.In 1969, Dr. J. Robert Beyster founded Science Applications International Corporation (SAIC) with a unique vision of creating an employee-owned organization run according to 12 principles of success that encourage entrepreneurship and accountability. Today, SAIC has grown from a handful of scientists to over 43,000 employees–most of whom hold company equity–and more than $8 billion in annual revenue, a steadily rising stock price, and top rankings as a contractor to government and business organizations. In this book, Dr. Beyster tells the story of SAIC, and offers valuable lessons to entrepreneurs and managers on how to build a company in which loyalty to values goes hand in hand with success.Dr. J. Robert Beyster (La Jolla, CA) is the founder of Science Applications International Corp. (SAIC). He served as CEO and chairman of the company for 35 years. Beyster continues to promote innovation and employee ownership through his Foundation for Enterprise Development and the Beyster Institute at the Rady School of Management at the University of California, San Diego. Peter Economy (La Jolla, CA) is Associate Editor of Leader to Leader, the award-winning publication for the Leader to Leader Institute, and a bestselling author of titles such as The Management Bible (0-471-70545-4) and Enterprising Nonprofits: A Toolkit for Social Entrepreneurs (0-471-39735-0).
Foreword ixPreface xiiiAcknowledgments xviiThe Result: An {dollar}8 Billion Business Success 1The Culture: People First 15The Vision: Freedom (with Strings Attached) 27The Mission: From Science to Solutions 41The Glue: Employee Ownership 53The System: Participation in Decision Making 77The Organization: Organized for Growth 91The Plan: No Grand Plan 105The Pitch: Everyone a Salesperson 117The Loop: Feedback and Lessons Learned 129The Wild Card: Experiment Constantly 137The Bottom Line: Expect Reasonable Profit with Stock Price Growth 151The Challenge: Governance Sustainability or Transition? 161The Future: New Beginnings 173Epilogue 181About the Foundation for Enterprise Development 185My Life before SAIC 187SAIC Time Line 195SAIC Principles and Practices 199Notes 211Index 215
