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Author: Michael Dintenfass Publisher: Ohio State University Press ISBN: 0814205690 Category : Coal trade Languages : en Pages : 308
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
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: Carlo Morelli Publisher: Routledge ISBN: 1317322983 Category : Business & Economics Languages : en Pages : 257
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: Antti Sihvonen Publisher: Routledge ISBN: 1000530272 Category : Business & Economics Languages : en Pages : 90
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
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: Michael Dintenfass Publisher: Routledge ISBN: 1134937482 Category : Business & Economics Languages : en Pages : 115
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: Michael Dintenfass Publisher: Routledge ISBN: 1134692625 Category : Business & Economics Languages : en Pages : 247
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.