Excerpt from Business Administration Its Models in War, Statecraft, and Science
Confident that administration of manufacturing and operating companies under modern conditions is developing into a new profession, Professor Jones has sought its scientific principles by a remarkable study of the older professions with which it is most closely allied. His argument is, briefly:
First - That success in dealing with men and affairs depends upon certain basic propositions and laws which can be discovered by studying the work of successful administrators;
Second - That the rules and methods followed by masters of business and finance are usually deliberately hidden, and there are no records throwing clear, full light on their lives and acts;
Third - That leaders in statecraft, war, and science, on the contrary, are figures of world interest whose careers and practice are illuminated fully and searchingly by public and private records, correspondence, personal reminiscences, and even petty gossip. From such data Professor Jones has analyzed definite primary principles of administration. In history and the biographies of military conquerors, diplomats, and scientists, he finds the elementary rules of success.
Close systematic study of scientific management has expended its first force on machines and processes.
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