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Author: Michael Dintenfass
Publisher: Ohio State University Press
ISBN: 0814205690
Category : Coal trade
Languages : en
Pages : 308
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Book Description
Managing Industrial Decline examines the dramatic decline of the British coal industry through the lens of comparative business history, challenging the prevailing belief that the industry's decline was due primarily to global economic factors and instead demonstrating that entrepreneurial failings of individual coal firms contributed significantly to the problem. Through a comparative analysis of company histories, Dintenfass shows how the full range of business operations at British coal firms, including labor management policies, technological choices, and marketing practices, affected their performance. The histories of individual firms demonstrate that the managements could improve productivity, increase sale prices, and sustain profitability, even as the coal trade succumbed to cyclical depression and secular decline. According to Dintenfass, comparisons between the individual firms and the regional coal industries to which they belonged show that neighboring firms were slow to introduce the modest innovations that the successful firms pioneered. Since there were few barriers to the implementation of these strategies, it appears that Britain's coal masters miscalculated their costs and benefits, contributing to the problem by failing to adopt inexpensive and accessible second-best solutions to production and commercial problems. Managing Industrial Decline, breaks new ground in the field of business history and restores entrepreneurship to its proper place in the analysis of industrial decline.
Author: Michael Dintenfass
Publisher: Ohio State University Press
ISBN: 0814205690
Category : Coal trade
Languages : en
Pages : 308
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Book Description
Managing Industrial Decline examines the dramatic decline of the British coal industry through the lens of comparative business history, challenging the prevailing belief that the industry's decline was due primarily to global economic factors and instead demonstrating that entrepreneurial failings of individual coal firms contributed significantly to the problem. Through a comparative analysis of company histories, Dintenfass shows how the full range of business operations at British coal firms, including labor management policies, technological choices, and marketing practices, affected their performance. The histories of individual firms demonstrate that the managements could improve productivity, increase sale prices, and sustain profitability, even as the coal trade succumbed to cyclical depression and secular decline. According to Dintenfass, comparisons between the individual firms and the regional coal industries to which they belonged show that neighboring firms were slow to introduce the modest innovations that the successful firms pioneered. Since there were few barriers to the implementation of these strategies, it appears that Britain's coal masters miscalculated their costs and benefits, contributing to the problem by failing to adopt inexpensive and accessible second-best solutions to production and commercial problems. Managing Industrial Decline, breaks new ground in the field of business history and restores entrepreneurship to its proper place in the analysis of industrial decline.
Author: Michael Dintenfass
Publisher: Routledge
ISBN: 1134937482
Category : Business & Economics
Languages : en
Pages : 115
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Book Description
The first synthesis of Britain's long-term economic performance in more than a decade, this book examines why British economic growth has failed to keep pace with the performance of the other advanced industrial economies since 1870.
Author: Laurence F. Gross
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 328
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Book Description
Studies of American industry frequently cite Lowell, Massachusetts, as an early model for business practices. Scholars have sought to explain the city's rise to prominence, the impact of its textile mills on workers and on commerce, and its part in regional development and American prosperity. In The Course of Industrial Decline, historian Laurence Gross looks beyond these issues. Focusing on Lowell's Boott Cotton Mills, he examines the industry's struggle to maintain its prominence, the causes of its decline, and its ultimate flight south. Gross puts much of the blame for the pattern of events on the mill-owners themselves. They resisted reinvestment, so their operations became less efficient. They kept antiquated machinery running long after it was safe to do so, and they were slow to respond to issues of worker safety. The increased textile demands of World War II, Gross explains, only forestalled the mills' inevitable demise. The Course of Industrial Decline not only throws new light on the interaction of labor, business, and technology but also examines a topic of increasing timeliness. As one of many American companies that succumbed to obsolete equipment, poor management, and changing markets, the Boott Cotton Mills experienced problems that have become all too familiar as America's industrial base continues to decline.
Author: Antti Sihvonen
Publisher: Routledge
ISBN: 1000530272
Category : Business & Economics
Languages : en
Pages : 90
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Book Description
A growing body of literature in the area of business administration has focused on the phenomenon of decline. These studies span multiple levels of analysis and draws on a range of disciplines, including strategic management, economics, and economic geography. Managing Decline: A Research Overview provides a summary of this research by focusing on three key levels of analysis: industries, clusters, and organizations. The targeted reviews in this book map each individual level of analysis separately and the discussion section outlines overarching themes regarding decline and its management. The three levels are analyzed by identifying different forms, causes, processes, and management options regarding decline. This is accompanied by the identification of key academic discourses that have been used to analyze decline. The discussion section highlights broader themes regarding the nature and management of decline that span across the different levels of analysis. This book provides an easy-to-access summary on the nature and management of decline for academic scholars and business practitioners, and is essential reading for getting an overview of this broad field of research.
Author: Suzanne Culter
Publisher: University of Hawaii Press
ISBN: 9780824821456
Category : History
Languages : en
Pages : 234
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Book Description
Industrial restructuring has become a way of life, the inevitable accommodation to rapid changes in technology, to a global economy that affects large and small communities through the constant flow of goods and people, and to the challenging patterns of economic viability that alter that flow. Managing Decline examines the impact of coal mine closures in Yubari City, Hokkaido, once one of Japan's most prosperous coal-producing cities, and asks how Japanese culture has influenced the enactment of and response to industrial policy for restructuring in this community. For many years, coal formed the backbone of Japan's economic development, but the dangers and costs of mining became increasingly expensive for the industry and government. Global changes in coal production and exchange finally prompted Japan's decision in 1986 to shut down nearly all domestic coal mines in favor of coal imports. Japan's policy for industry restructuring has been applauded as one of the most comprehensive in addressing the needs of the industry, the workers, and the community. At the micro-level, however, the people in the community most affected by the policy decisions have been excluded from the process. Managing Decline reveals the stratified effects, as well as compensation, for the different groups in Yubari. Although the policy settlement package goes to the coal miners, community redevelopment ignores their needs, prompting them to leave the city and benefiting instead land owners and public employees. Revealed as well as the ways in which Japan's cultural values, particularly the vertical social structure as it affects decision making, status, occupations, and company organization, and the importance of maintaining the family system, figure in the policy process and its consequences. The author's research, based on two years' residence in Yubari during the last few years of the closures, makes an important contribution to community studies of social change in Japan. It is also the first field study to examine the effects of industrial policy for restructuring in Japan at the worker and community level.
Author: John Hoerr
Publisher: University of Pittsburgh Press
ISBN: 082299111X
Category : History
Languages : en
Pages : 737
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Book Description
• Choice 1988 Outstanding Academic Book • Named one of the Best Business Books of 1988 by USA TodayA veteran reporter of American labor analyzes the spectacular and tragic collapse of the steel industry in the 1980s. John Hoerr's account of these events stretches from the industrywide barganing failures of 1982 to the crippling work stoppage at USX (U.S. Steel) in 1986-87. He interviewed scores of steelworkers, company managers at all levels, and union officials, and was present at many of the crucial events he describes. Using historical flashbacks to the origins of the steel industry, particularly in the Monongahela Valley of southwestern Pennsylvania, he shows how an obsolete and adversarial relationship between management and labor made it impossible for the industry to adapt to shattering changes in the global economy.
Author: Paul A. Tiffany
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 518
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Book Description
'Tiffany shows that American decision makers who ignore the past are likely to jeopardize America's future. So persuasive is his account of the historical antagonism between steel management, labor and government that advocates of industrial policy will have to reconsider the premise of cooperation on which it is based.
Author: Michael Dintenfass
Publisher: Routledge
ISBN: 1134692625
Category : Business & Economics
Languages : en
Pages : 247
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Book Description
This book sets out the present state of the discussion of the decline in British industry and introduces new directions in which the debate is now proceeding.
Author: Carlo Morelli
Publisher: Routledge
ISBN: 1317322991
Category : Business & Economics
Languages : en
Pages : 234
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Book Description
By looking at the decline of the jute industry, this study assesses the successes and failures of Britain’s managed economy. It also addresses broader arguments about the political economy of twentieth-century Britain.
Author: Beth Macy
Publisher: Little, Brown
ISBN: 0316231568
Category : Biography & Autobiography
Languages : en
Pages : 469
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Book Description
The instant New York Times bestseller about one man's battle to save hundreds of jobs by demonstrating the greatness of American business. The Bassett Furniture Company was once the world's biggest wood furniture manufacturer. Run by the same powerful Virginia family for generations, it was also the center of life in Bassett, Virginia. But beginning in the 1980s, the first waves of Asian competition hit, and ultimately Bassett was forced to send its production overseas. One man fought back: John Bassett III, a shrewd and determined third-generation factory man, now chairman of Vaughan-Bassett Furniture Co, which employs more than 700 Virginians and has sales of more than $90 million. In Factory Man, Beth Macy brings to life Bassett's deeply personal furniture and family story, along with a host of characters from an industry that was as cutthroat as it was colorful. As she shows how he uses legal maneuvers, factory efficiencies, and sheer grit and cunning to save hundreds of jobs, she also reveals the truth about modern industry in America.
