Sublime
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Six years before we installed it, I experimented with the moving final assembly line which is now the crowning touch of American mass production. Before the eyes of Henry Ford, I worked out on a blackboard the figures that became the basis for his $5 day and the overwhelming proof of the present economic truism that high wages beget lower-priced ma
... See moreCharles E. Sorensen • My Forty Years With Ford (Great Lakes Books Series)
Halstead is a sophisticated, "rational" businessman. He knows that the Corporal's strong and unrelenting penny-saving is essential to the survival of the organization in "today's highly competitive business world." What he doesn't understand is that the business is being strangled by his own efforts to maintain profits by cuttin
... See moreGerald Weinberg • The Secrets of Consulting: A Guide to Giving and Getting Advice Successfully (Consulting Secrets Book 1)
This policy, I believe, was new in the industry when we began it. It reflected our desire to protect dealers against unreasonable product-depreciation losses and to place the responsibility for reasonable production schedules in the later months of the model year on the management of the divisions. It imposed a penalty on the factory in the form of
... See moreAlfred P Sloan Jr. • My Years With General Motors
Morgan’s famous testimony to Congress that character came before money or property.
Frank Partnoy • The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals
Trim size rationalization—in other words, reduction in the number of trim sizes available—was implemented industry-wide (over a very long period of time: decades beginning in the 1950s) as part of the trend toward reducing costs in manufacturing.
Mike Shatzkin • The Book Business: What Everyone Needs to Know®
is not clear whether Blanc ever achieved such uniformity himself. If so, it would have been on a limited basis in small production lots. He did not use machinery, but rather promoted hand-shaping and filing parts with the aid of precise dies and jigs, or molds, which he may have learned from Swedish clock makers.) Jefferson pressed Blanc’s methods
... See moreCharles R. Morris • The Tycoons: How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy
Theodor Ganzwohl
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Sterling Proffer
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