Planning and Time Studies, Vol. 3

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Excerpt from Planning and Time Studies, Vol. 3: Factory Management Course Success is the motive of business, and success demands mastery. Pascal, the brilliant French savant, has said "To foresee is to rule, " and Church, an able exponent of modern management, has furnished an excellent supplement, "Planning is the exercise of intelligent foresight." These two brief quotations contain the statement of the whole purpose of planning and a succinct definition of its operation. Planning is the product of science applied to manufacture. As such it is a new arrival whose coming has not been unattended by misgivings and doubts as to its ultimate good and permanence. Many new movements, policies, or schools of thought acquire a momentum from the sheer novelty and freshness of the enterprise which they comprise. Frequently when this resource is expended the action ceases and the. affair becomes defunct. Planning, and the entire thought which has crystallized in the terms "efficiency engineering" or "scientific management, " hovered for a time perilously near to such an end, for the reason that underlying business necessities were ignored, or, if not, that they suffered from the exaggeration of the new ideas. Happily, the whole tendency was fundamentally sound, for it was a part of the great drift or economic pressure towards conservation. Hence, despite the lack of proportionate judgment of many engaged in the new school of management, it has survived and has become commercially legitimatized and successful. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.