181:
Facing increasing competition from Asian manufacturers who could produce quality tools and sell them for 40% less than
Stanley was charging, Davis responded with cuts in labor costs through attrition and layoffs to allow prices to drop to competitive levels. Though increasing numbers of the company's
161:
Davis was hired by
Stanley Works in 1948 as its general manager of labor relations, beginning a career with that company that would last for almost four decades. After 18 years with the company and having been the firm's executive vice president, Davis was named as president and CEO of Stanley Works
177:
during the 1960s, where the do-it-yourself market was already in existence, Davis sought to bring that trend to the United States, arguing that homeowners doing construction projects on their own would want to use the same quality tools that professionals were using. He coined the company slogan
207:, Davis would frequently make the trip to New Britain by ferry and car but started cutting back his visits by the late 1990s as coming face-to-face with former Stanley employees became too painful and "much too personal".
378:
225:, a condition he had been treated for successfully 30 years earlier. Davis was survived by his wife, Virginia Cooper Davis, three daughters, three sons, and 12 grandchildren.
111:
from 1966 to 1988. During his tenure, he supervised the company's transformation from focusing on the traditional commercial uses of the firm's products to target the nascent
165:
During his tenure as CEO, employment at
Stanley doubled to 20,000, while sales went from $ 230 million in 1966 to $ 1.9 billion in 1989, the year after he retired as CEO.
393:
199:
363:
190:, saying, "I think of us as an international company headquartered here", avoiding the word "global" as "it gives the impression of rootlessness".
398:
403:
193:
Davis had been active on the New
Britain board of education and his six children had attended the local public schools. As recounted by
383:
130:. His father, Donald W. Davis Sr., left a 17-year career as an advertising manager and director to become a teacher of advertising at
388:
368:
373:
303:
17:
214:, lecturing on the subjects of leadership and ethics. He moved from New Britain to homes in Martha's Vineyard and
211:
103:(June 10, 1921 – September 11, 2010) was an American businessman who oversaw the growth of Stanley Works (now
251:
131:
328:
127:
53:
104:
91:
187:
146:
108:
80:
76:
358:
353:
284:
204:
8:
215:
333:
308:
289:
142:
115:
182:
employees were employed around the world, Davis sought to keep the firm rooted in
324:
194:
162:
in April 1966, succeeding John C. Cairns who had been with
Stanley for 42 years.
112:
347:
210:
After retiring from
Stanley in 1988, Davis taught for over 20 years at the
145:
during World War II. After completing his military service, Davis attended
183:
247:
138:
150:
222:
221:
Davis died at age 89 on
September 11, 2010. The cause of death was
174:
137:
The younger Davis attended Penn State and earned a degree in
285:"Donald W. Davis, Who Headed Stanley Works, Dies at 89"
200:
The
Disposable American: Layoffs and Their Consequences
379:
Donald P. Bellisario
College of Communications alumni
107:) in his 40-year career with the company, serving as
293:, September 17, 2010. Accessed September 20, 2010.
134:College of Communications, which he helped found.
345:
186:by establishing a new corporate headquarters in
394:Businesspeople from Springfield, Massachusetts
312:, April 29, 1966. Accessed September 20, 2010.
337:, April 2, 2006. Accessed September 20, 2010.
364:United States Navy personnel of World War II
304:"Stanley Works Names A New Chief Executive"
242:
240:
238:
320:
318:
279:
277:
275:
273:
271:
269:
235:
203:, after relocating to a summer house on
156:
14:
399:MIT Sloan School of Management faculty
346:
315:
266:
178:"Stanley helps you do things right".
404:20th-century American businesspeople
126:Davis was born on June 10, 1921, in
24:
25:
415:
90:Former CEO of Stanley Works (now
389:People from Hobe Sound, Florida
369:Deaths from lymphoma in Florida
374:Harvard Business School alumni
296:
212:MIT Sloan School of Management
13:
1:
384:People from Martha's Vineyard
252:Pennsylvania State University
228:
149:using his benefits under the
121:
168:
7:
329:"'The Disposable American'"
248:"Donald W. Davis Symposium"
10:
420:
128:Springfield, Massachusetts
105:Stanley Black & Decker
92:Stanley Black & Decker
54:Springfield, Massachusetts
86:
72:
60:
39:
32:
188:New Britain, Connecticut
141:before enlisting in the
147:Harvard Business School
109:chief executive officer
101:Donald Walter Davis Jr.
81:Harvard Business School
283:Kocieniewski, David.
77:Penn State University
157:Stanley Works career
27:American businessman
216:Hobe Sound, Florida
18:Donald Walter Davis
334:The New York Times
309:The New York Times
290:The New York Times
143:United States Navy
64:September 11, 2010
205:Martha's Vineyard
197:in his 2006 book
98:
97:
16:(Redirected from
411:
338:
325:Uchitelle, Louis
322:
313:
300:
294:
281:
264:
263:
261:
259:
244:
116:home improvement
67:
49:
47:
30:
29:
21:
419:
418:
414:
413:
412:
410:
409:
408:
344:
343:
342:
341:
323:
316:
301:
297:
282:
267:
257:
255:
246:
245:
236:
231:
195:Louis Uchitelle
173:Having been to
171:
159:
124:
65:
56:
51:
45:
43:
35:
34:Donald W. Davis
28:
23:
22:
15:
12:
11:
5:
417:
407:
406:
401:
396:
391:
386:
381:
376:
371:
366:
361:
356:
340:
339:
314:
295:
265:
233:
232:
230:
227:
170:
167:
158:
155:
123:
120:
113:do it yourself
96:
95:
88:
84:
83:
74:
70:
69:
68:(aged 89)
62:
58:
57:
52:
41:
37:
36:
33:
26:
9:
6:
4:
3:
2:
416:
405:
402:
400:
397:
395:
392:
390:
387:
385:
382:
380:
377:
375:
372:
370:
367:
365:
362:
360:
357:
355:
352:
351:
349:
336:
335:
330:
326:
321:
319:
311:
310:
305:
299:
292:
291:
286:
280:
278:
276:
274:
272:
270:
253:
249:
243:
241:
239:
234:
226:
224:
219:
217:
213:
208:
206:
202:
201:
196:
191:
189:
185:
179:
176:
166:
163:
154:
152:
148:
144:
140:
135:
133:
129:
119:
117:
114:
110:
106:
102:
93:
89:
85:
82:
78:
75:
71:
63:
59:
55:
50:June 10, 1921
42:
38:
31:
19:
332:
307:
298:
288:
258:27 September
256:. Retrieved
220:
209:
198:
192:
180:
172:
164:
160:
136:
132:Penn State's
125:
100:
99:
66:(2010-09-11)
359:2010 deaths
354:1921 births
184:New England
348:Categories
229:References
139:journalism
122:Early life
87:Occupation
46:1921-06-10
169:DIY trend
151:G.I. Bill
73:Education
223:lymphoma
118:market.
302:Staff.
175:England
254:. 2001
260:2010
61:Died
40:Born
350::
331:,
327:.
317:^
306:,
287:,
268:^
250:.
237:^
218:.
153:.
79:,
262:.
94:)
48:)
44:(
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.