An entrepreneur’s success story
Title: The SAIC Solution: How We Built an $8 Billion Employee-Owned Technology Company Author: Dr J Robert Beyster (Contributor: Peter Economy)
Publisher: Wiley Price: $23.63
No. of pages: 230 pages
Dr J Robert Beyster relates the story of Science Applications International Corporation (SAIC), a company he founded 35 years ago with a handful of employees. It has now grown into a firm with 43,000 employees with an annual revenue of more than $8 billion. The story of SAIC is unique. It is Beyster’s vision of establishing an employee-owned company, where most employees hold company equity. Beyster introduced 12 principles of success to SAIC which are based on encouraging entrepreneurship and accountability.
Through a business philosophy centered at employee ownership, the story of SAIC offers valuable lessons to entrepreneurs and managers on how to build a company in which loyalty and success go hand in hand. It is an interesting discovery for the readers to learn the transformation of Beyster from a research scientist into an entrepreneur. With a number of prestigious accolades to his credit, Beyster’s version of success is considered reliable in the corporate world. The book contains examples and experiences woven together for a thoroughly joyous read