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.

In general it is safe to have faith in the honesty of the workers and those who cooperate with them—­at least we can start with the assumption that honesty and square dealing are not monopolized by other professions.

If we will remember that an industry has a vitality the same as a man, that its life can be destroyed by an ignorant investigator with a probe poking into every nerve and muscle, we will make Vermont a more natural place for industrial development and progress.

The attitude of the workers and the general public should be cordial instead of antagonistic for every desirable industry is an asset of great value.

In theory and law an industry belongs to the stockholders, at least it is for the stockholders to elect the board of directors who through practical officers manage the business; but, as a matter of actual fact, to the man who has the best job in the world for himself right in that organization, the life of the organization is of greater importance than it is to any one of the stockholders.  In the same sense the existence of the industry is of greater value to many others in the organization and in the community than it is to the stockholders.

Hence, anything that interferes with the success of the organization injures many people.

WHAT IS NOT AN INDUSTRY.

Perhaps it will be well to state first what does not constitute an industry.  Power, transportation facilities, fine buildings, fine machinery and a group of skilled workmen, a complete office staff and an elaborate system of fad management do not constitute an industry.  Such an aggregation might be likened to a cargo ship all ready for service excepting that it lacks a captain and navigating officer and some one to determine what kind of a cargo to take, where to go and how to get there.

The greatest value of an industrial plant that has everything but a work to do and a leader to determine its major policies, lies in the skilled workers and able executives in work and office.  The buildings and machinery come next in value, but the whole thing is worthless without the idea and the vision.

DeadOrganizations.

In all cities we can see “dead” organizations.  Many of these companies that are actually “dead” seem to have life in them because they continue to move, but in many instances the motion is only due to the momentum of a push that was given years ago.

A “dead” organization may show signs of life in its gradual growth in size, but its real character is to be seen in the extent to which it is departing from specialization or by the continued use of antiquated methods and buildings.

The departure from specialization is generally due to either lack of courage to discard obsolete designs or to an inclination to consider the business from the selling end only.

It takes courage to discard an old model and it also takes courage to refuse to build some new invention.

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