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Textbook on the principles, practices and functions of industrial management in the manufacturing sector in the USA - covers productivity and manufacturing management, systems design, location of industry, design, industrial equipment, methods engineering, work measurement, factory organization, production planning and production control, labour relations, personnel management, etc. Diagrams, flow charts, illustrations and statistical tables.
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Excerpt from Organization and Administration, Vol. 1: Factory Management Course Experience with a large variety of manufacturing concerns has convinced me that the difierence between the successful and the unsuccessful concern is Simply the difierence between the right and the wrong consideration of that most important of all factors in industry - the human factor. The more I analyze matters, the more certain I become that man is the real investment in business. Money is of course important, materials and machinery have to be purchased, but beyond and above all these things stands man. The success of an enterprise depends entirely upon the men who are charged with the care and handling of the material resources. In other words, a wise investment in men insures a good return in dollars and cents, and a poor investment in men means, sooner or later, the failure of the concern. So I determined to make the central thought of this whole treatment the following very important working theory: As you develop men you strengthen the organization, and con versely, as you strengthen the organization, you develop men. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.