Alfred D. Chandler, Jr.: Coordinator

Alfred D. Chandler, Jr. was American historian. Explore interesting quotes on coordinator.
Alfred D. Chandler, Jr.: 28   quotes 0   likes

“Effective coordination of throughput required the placing of vigorous management controls over these despots.”

Alfred D. Chandler, Jr.

Source: The Visible Hand (1977), p. 266; Cited in: Best (1990, p. 56).

“The swift victory of the railway over the waterway resulted from organizational as well as technological innovation. Technology made possible fast, all-weather transportation; but safe, regular, reliable movement of goods and passengers, as well as the continuing maintenance and repair of locomotives, rolling stock, and track, roadbed, stations, roundhouses and other equipment, required the creation of a sizable administrative organization. It meant the employment of an administrative command of middle and top executives to monitor, evaluate, and coordinate the work of managers responsible for the day-to-day operations. It meant, too, the formulation of brand new types of internal administrative procedures and accounting and statistical controls. Hence, the operational requirements of the railroads demanded the creation of the first administrative hierarchies in American business.”

Alfred D. Chandler, Jr.

Source: The Visible Hand (1977), p. 87.

Business , Victory , Weather

“Multi-unit business enterprise replaced small traditional enterprise when administrative coordination permitted greater productivity, lower costs, and higher profits than coordination by market mechanisms.”

Alfred D. Chandler, Jr.

Source: The Visible Hand (1977), p. 6.

Business

“The market remained the generator of demand for goods and services, but modern business enterprise took over the functions of coordinating flows of goods and services through existing processes of production and distribution, and of allocating funds and personnel for future production and distribution. As modern business enterprise acquired functions hitherto carried out by the market, it became the most powerful institution in the American economy and its managers the most influential group of economic decision makers. The rise of modern business enterprise in the United States, therefore, brought with it managerial capitalism.”

Alfred D. Chandler, Jr.

Source: The Visible Hand (1977), p. 1.

Business , Decision , Future