Michael Dell

Michael Dell

Entrepreneur, innovator, and disruptor of the early PC industry.

RANKED THINKER

Ranked #29 in 2005.

Previous positions:

#33 (2003), #25 (2001).

FAST FACT

The youngest CEO ever to earn a ranking on the Fortune 500, in 1992.

FAST FACT

Dell was recognized as a Most Admired Company by Fortune.

Ideas

Dell’s revolutionary insights helped to turn the traditional PCs sales model on its head. With a mantra of “faster, better, cheaper” and by offering direct-sale, built-to-order customized machines, he disrupted the PC industry by avoiding retail sites, high-touch sales, and by minimizing inventory and depreciation costs. This just-in-time, low-cost production model took his company from college dorm room in 1984 to a $300 million business in just five years. Dell’s formula became known as the “direct business model.” He went on to pioneer virtual integration, a model that substitutes ownerships for partnerships by integrating suppliers through IT for tighter supply-chain collaboration, thereby meeting customer needs faster and more efficiently. Over the years, Dell methodically his company from a computer hardware manufacturer to an infrastructure solutions provider with significant positions in multi-cloud, software, and IT services.

Bio

Born in Houston in 1965, Dell began business life early. As a young teenager, he invested his earnings from part-time jobs into stocks and precious metals. At age 15 he bought his first computer, an Apple II, which he disassembled to see how it worked. At university he started his computer business, originally called PCs Ltd, and quickly reached $80,000 in sales. Dell dropped out of college to run the company full time, taking it public within four years. In 1996, Dell Inc started selling online and launched its first servers. By 2001, Dell Inc had become the world’s largest PC maker. In 2013, Dell took the company private to invest and shape it into an IT powerhouse, buying EMC for $67 billion in 2016. He re-listed the company in 2018.

Content

Direct from Dell: Strategies that Revolutionized an Industry (with Catherine Fredman, Harper Business, 2006); Play Nice But Win: A CEO’S Journey from Founder to Leader (with James Kaplan, Portfolio, 2021).

NATIONALITY: American

Media picks

Verdict

“What Henry Ford did for automobiles, Dell did for PCs.”

Stuart Crainer & Des Dearlove, Thinkers50

Subscribe to our newsletter to keep up to date with the latest and greatest ideas in business, management, and thought leadership.

*mandatory field

Thinkers50 will use the information you provide on this form to be in touch with you and to provide news, updates, and marketing. Please confirm that you agree to have us contact you by clicking below:


You can change your mind at any time by clicking the unsubscribe link in the footer of any email you receive from us, or by contacting us at . We will treat your information with respect. For more information about our privacy practices please visit our website. By clicking below, you agree that we may process your information in accordance with these terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

Privacy Policy Update

Thinkers50 Limited has updated its Privacy Policy on 28 March 2024 with several amendments and additions to the previous version, to fully incorporate to the text information required by current applicable date protection regulation. Processing of the personal data of Thinkers50’s customers, potential customers and other stakeholders has not been changed essentially, but the texts have been clarified and amended to give more detailed information of the processing activities.

Thinkers50 Awards Gala 2023

Join us in celebration of the best in business and management thinking.