An en­tre­pre­neur’s suc­cess story

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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

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