May 2025 Charles M Schwab’s simple but powerful management approach, and how you can apply it in your business
Charles M Schwab was one of the world’s most successful business leaders during last century. He was paid an enormous amount of money each year to run US Steel Corporation and manage its thousands of employees by owner Andrew Carnegie. Schwab's unique approach to understanding, connecting and inspiring his employees is still highly admired throughout the world today. Here is a summary of Schwab’s approach. He Avoided Criticism and Used Encouragement Schwab believed the way to get the best out of people was through genuine encouragement. He didn’t