Stanley Allyn is chairman of the National Cash Register Company. He is known for being actively involved in his work.
Until his late sixties, Allyn continued to supervise his company by making frequent trips abroad and observing firsthand the possible changes and actions needed to boost growth and sales.
He did his job with fervor, expanding the company and earning profits never before seen in its 77 years of existence.
Stanley Allyn was the type of capitalist who wasn’t easily contented. He wanted, “shock and awe,” as evidenced by tripling NCR’s sales volume only after seven years of handling the top spot of the company.
Stanley Allyn’s Get-Rich Formula
Stanley Allyn graduated from the University of Wisconsin and started to work as a clerk at the National Cash Register plant in Dayton earning $20 a week. He was impressed by the rules given out by his boss and mentor, John H. Patterson, which involves a strict time schedule, a healthy lifestyle, uniformity and professionalism. At only 27 years old, Allyn was already the company’s comptroller and youngest board member.
In 1940, Allyn became chairman of NCR and multiplied the $40-million-dollar sales volume of the company TEN times. He placed his sites oversees and began building plants and factories in Berlin, Augsburg, Japan, France, Sweden, Brazil and Scotland. These expansions opened the door to foreign investors and retailers as new registers, calculators and registry systems were made by NCR. At this point, NCR’s sales volume grew to $98 million.
Stanley Allyn saw the importance of providing support to these foreign countries, and he also saw that it was important to respect their culture and traditions. Allyn built a Shinto shrine for the workers at the NRC plant in Japan and produced calculators and bookkeeping systems translated in Arabic for the Middle East market.
The Stanley Allyn Quick Bio
Full name: Stanley Charles Allyn
Birth date: 1891
Birth place: Madison, Wisconsin
Company: National Cash Register Company
Industry: Computers and Electronics
Key success traits: relentless capitalist, over-achieving businessman
Allyn is also an enthusiastic humanitarian who stressed human relations and understanding as the core of any meaningful transaction. He made a variety of statements and did several examples showing that the most basic function of man in the world of business and in life itself is to relate and coexist peacefully with other men.