What did Taylor make his fortune from?
Book sales
Lectures
Patenting steel-process improvements
Stock investments
Answer
Taylor's fortune stemmed from his groundbreaking work in steel production. He revolutionized the industry by patenting innovative steel-process improvements. These advancements significantly enhanced efficiency and productivity, leading to substantial financial gains for Taylor. His contributions to the field of metallurgy transformed the way steel was manufactured, leaving a lasting legacy in the industry.
Mastering Efficiency: The Frederick Winslow Taylor Challenge
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