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Industrial Progress and Human Economics

Chapter 15: MANUFACTURERS AND NEW INDUSTRIES.
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About This Book

A practical outline for advancing industry by prioritizing human welfare, presenting policies and methods for creating and managing productive enterprises. It argues for higher value per unit of labor through improved tools, specialization, efficient organization, and cooperative management, offering guidance for investors, managers, and workers to assess prospects and reduce investment risk. Emphasizing unified public purpose after wartime disruption, it promotes steady policy, team work, and personal development as keys to state and individual economic progress, and is framed as both a textbook and a reference for those involved in industrial development.

MANUFACTURERS AND NEW INDUSTRIES.

One of the forces that operates against increase in the number of industrial establishments is the fact that we do not realize the need of human progress in our plants. Men should progress from job to job until they reach their best achievement. Some gain their greatest success in some manual work in which they acquire great skill and others go on to executive positions and even graduate to join other organizations or to start new industries.

We fail to see this fundamental law regarding the growth of the manufacturing organization, and seldom realize the prime necessity of the fundamental law relating to specialization. We overlook the fact that stagnation in place of progress of the men in the plant is deadly to the organization, and feel that if we get an extra- efficient man in a certain position that he must be kept there regardless of his own opportunity for advancement. We fail to realize that progress all the way through the organization, should be encouraged—that while man is distinctly a creature of habit, his mind as well as his body must be considered, and that only by changes of a progressive nature does he develop most favorably.

Too often a manufacturer is opposed to the creation of other organizations by men from his own organization, when, as a matter of fact, it would be a great deal better for his own institution if he would encourage the growth of other plants that can be created by his own men.