America’s greatest entrepreneurs and businesspeople: the third decennial survey of business historians

Abstract

Purpose

The purpose of this paper is to continue and extend the ongoing conversation about greatness in American business.

Design/methodology/approach

This survey, conducted in 2021, replicates and extends McCormick and Folsom’s 2001 and 2011 rankings of the greatest entrepreneurs and businesspeople in American history. The authors’ pool surveyed 51 experts to develop an updated ranking and explore factors of greatness.

Findings

Henry Ford topped the ranking followed by John D. Rockefeller and Steve Jobs. Business scholars ranked Oprah Winfrey the greatest female and minority businessperson.

Originality/value

The authors extend previous research by surveying the authors’ expert pool about factors of greatness in American business history. “Ability to imagine or envision the future” ranked highest with “created wealth for shareholders” in last place.

Citation

McCormick, B. and Bean, J. (2024), "America’s greatest entrepreneurs and businesspeople: the third decennial survey of business historians", Journal of Management History, Vol. 30 No. 1, pp. 29-40. https://doi.org/10.1108/JMH-02-2023-0012