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Ewing marion kauffman


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MBA-IV, Uniglobe College, Kathmandu, Nepal

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Ewing marion kauffman

  1. 1. Group B: Pawan Kawan Grisha Yadav Ankur Shrestha Sajana Shrestha Sona Shrestha Wednesday, July 03, 2013 OPENING PROFILE OF EWING MARION KAUFFMAN
  2. 2. CONTENTS Background Childhood Youth Turning points Success story Achievement Lessons to learn
  3. 3. EWING MARION KAUFFMAN 1916-1993
  4. 4. BACKGROUND  Ewing Marion Kauffman was born on a farm in garden city, Missouri on September 21, 1916.  He is an American pharmaceutical entrepreneur, philanthropist, and Major League Baseball owner.  Ewing Marion Kauffman moved to Kansas city with his family when he was eight years old and he grew up there.
  5. 5.  He was the owner of the Kansas City Royals baseball team, and the stadium in Kansas City, Missouri was renamed Kauffman Stadium.  His wife is Muriel Kauffman.  He died in August 1, 1993. BACKGROUND Cont...
  6. 6.  Early childhood experience centered on door to door sales.  Since his family did not have a lot of money.  Kauffman would sell 36 dozen eggs collected from the farm.  His mother was very encouraging during his school years.  He was bedridden for a year at age 11 with a heart ailment, during which he read as many as 40 to 50 books a month. CHILDHOOD
  7. 7.  Worked as a laundry delivery person and was a Boy Scout.  Service in the Navy during World War II.  Worked as an apprentice seaman  Became an outstanding signalman  Navigation officer  After the end of world war, worked as a Pharmaceutical salesperson YOUTH
  8. 8.  Earning pay higher than the president's salary.  When his territory was cut, he eventually quit the job.  Established his own company Marion Laboratories in 1950.  Continued to grow and reached over a billion dollars per year in sales. TURNING POINT
  9. 9.  Kauffman’s most enduring legacy to his community.  The mission of the Kauffman Foundation - to fostering both ends of the opportunity continuum: education and entrepreneurship.  Help young people, especially those from disadvantaged backgrounds, quality education that would enable them to reach their full potential, Stay away from drugs and alcohol.  The connection between youth development and the entrepreneurial efforts. SUCCESS
  10. 10.  Purchase the Kansas city Royals (major league Baseball) in 1969.  Boost the city’s economic base, community profile and civic pride.  Ewing Kauffman started his own pharmaceutical firm in 1950.  Marion Laboratories became a billion-dollar pharmaceutical giant.  Marion Laboratories merged with Merrill Dow in 1989.  Marion Labs into a pharmaceutical powerhouse.  Merrill Marion laboratories had 9000 associate and had sales of 4 billion SUCCESS Cont...
  11. 11.  In late 1999 the company was again merged with Aventis Pharma it focused on human medicine and animal health.  After this EPS grew upto 27% than previous year  Ewing Kauffman's values continue to inspire others through the immense legacy he left behind. Kauffman could sum up the keys to his success succinctly: Entrepreneurship Innovation Education research and policy. Contd….. SUCCESS Cont...
  12. 12.  Kauffman was an Eagle Scout and as an adult was awarded the Distinguished Eagle Scout Award. After serving in the United States Navy in World War II, Kauffman worked as a pharmaceutical salesman until 1950, when he formed Marion Laboratories  Established the Ewing Marion Kauffman Foundation– support youth development and entrepreneurship.  Ewing Kauffman established the Kansas City Royals  Man of the Year in 1973  Honored as the 16th point of light in President George Bush's "Thousand Points of Light" tribute ACHEIVEMENT
  13. 13.  Good Neighbor Award from the Harry S. Truman Foundation  Southern Christian Leadership Award for his company's support of civil rights  Kauffman has similarly funded ―All Terrain Brain,‖ a multimedia project aimed at getting 8- to 12-year-olds to adopt entrepreneurial habits—thinking creatively, taking responsibility, embracing opportunities, solving problems, and dreaming big.  Kauffman has worked with to create ―Hot Shot Business,‖ ACHEIVEMENT Cont...
  14. 14.  Does not necessarily need to be rich.  A daring desire to shape the future and make other’s lives better.  Self-respect, respect for others, be responsible.  Source of inspiration and motivation.  Honest and hard working. LESSON TO LEARN
  15. 15.  Creative and ability to find and explore opportunities.  Entrepreneurship is important not only for self & family but also for society and the country.  Better to know one’s own strength and weaknesses. LESSON TO LEARN Cont...
  16. 16. Statue of the Kauffman—A life-size bronze statue near the main entrance to the Kauffman Foundation’s campus in Kansas City depicts Ewing Marion Kauffman and his wife Muriel Kauffman.