Description
Someone once said—probably it was Mr. Schwab—that given the right organization it was no harder to manage the U. S. Steel Corporation than to operate a peanut stand.
And Mr. Schwab ought to know, although no life-sized portrait of him all dressed up like a peanut vendor has ever been brought to our attention.
However that may be, his statement is interesting—especially interesting because his appraisal of the job of managing very nearly approaches ours. In “The Knack of Managing,” you see, much of the emphasis will be on the fact that the fundamental PRINCIPLES OF MANAGEMENT apply to every business alike. And if we may start out with the premise that managing Mr. Schwab’s Bethlehem Steel Company is not such a far cry from operating a pretzel plant or a furniture factory, our battle is already half won.
THE PRINCIPLES OF MANAGEMENT vary not at all, however different may be the MECHANICS OF APPLICATION.
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