August 2016
Intermediate to advanced
208 pages
4h 22m
English
Content preview from Managing in the Gray
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71
4
What Will Work in
the World as It Is?
Georges Frederic Doriot was an extraordinary individual.
He was French by birth, became an American citizen, taught
at Harvard Business School, served as a Brigadier General
in the US Army during World War II and worked on mil-
itary planning, and then founded the American Research
and Development Corporation. This was the first important
American venture capital firm, and Doriot is widely regarded
as “the father of venture capital.”
1
He was also known for his
practical wisdom. For example, Doriot often gave managers
this advice: if you have to choose between a great strategy
Chapter_04.indd 71 10/06/16 11:15 ...
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