Lewis, John Spedan. London: Kerr‐Cros Publishing Co., Ltd., 1948. First Edition. First Printing Condition (Book/DJ): Very Good/No Jacket.
This rare vintage volume is bound in green cloth with gilt lettering to the spine. A fold‐out chart of the Organisation of the John Lewis Partnership in 1948” is tipped‐in preceding the title page. John Spedan Lewis pioneered profit sharing, unrolling it in his family′s retail store in London. "The book describes an experiment of which the design was complete by October of 1910 and has been developing ever since, that is to say for nearly forty years. The experiment may be summed up as an attempt so to organize and conduct a business that all the advantages whatsoever of owning it shall be shared as fairly as possible by all who are working in it and that the qualification for having a position in it shall be ability (without overstrain) and will to fill that position in a way reasonable first‐rate for the service of the general community, the service by which the business has to live.” (From the Preface.) John Spedan Lewis was an English businessman and the founder of the John Lewis Partnership. Elder son of John Lewis, who owned the John Lewis department store, London, Spedan joined the business at 19 and in 1914 assumed control of Peter Jones in Sloane Square, London. On his father′s death he formed the John Lewis Partnership and began distributing profits among its employees in 1929. He transferred control of the company to the employees in 1950 and resigned as chairman in 1955.