Industrial Progress and Human Economics eBook

James Hartness
This eBook from the Gutenberg Project consists of approximately 76 pages of information about Industrial Progress and Human Economics.

Industrial Progress and Human Economics eBook

James Hartness
This eBook from the Gutenberg Project consists of approximately 76 pages of information about Industrial Progress and Human Economics.

The principle element to set forth now is that it is a waste of time and money for a few business men to buy a patent or an invention and then dispense with the service of the inventor.  They are merely going to sea without a navigator.  On the other hand it is equally true that the inventor must consider the business side of the problem and do all in his power to devise effective means to facilitate the process of manufacturing.

The point to be made here is that there is no chance to win in this game by sharp practice.  It is only through work and the combined work and energy of all the men in the organization that anyone can win.

INVENTOR’S PROPORTION.

In the machine tool industries, one-third of the interest in the plant is given to the inventor.  This, to the average investor appears to be an unfair proportion, but it is one of those cases in which the broadest vision is necessary, and a glance at the earning power of such organizations as well as the prestige of the inventions, will bear out the wisdom of the general plan in similar industries.

The plan, however, should not be considered as something that boosts only one man or one group of men.  If there is any attempt to exploit labor, the plan is wrong.  The scheme must be fundamentally right so that each man coming into the workshop or the office of business finds there his best opportunity to develop and receive his best return for the use of his energies.

It is hoped that succeeding chapters will build up confidence in the scheme that will make it possible for men to see the way to progress in this line, to have faith in each other and to know that their ultimate success will come through a spirit of cooperation, concentration of attention and energies of each man to his own special work so as to attain highest ability and last but not least, the complete coordination of all in one safe, sane industrious organization.

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.

Copyrights
Project Gutenberg
Industrial Progress and Human Economics from Project Gutenberg. Public domain.