“There is no doubt that the efficiency of the Works at Bournville is assisted by the Suggestion Scheme, and it has been found that the good accomplished, is not only in the pecuniary value to the Firm or to the suggestor, but also in the development of the mental and creative power, which makes both men and girls more efficient and valuable workers, and fosters an intelligent independence.”

— Edward Cadbury

Source: Experiments in industrial organization (1912), p. 16; Cited in: Chris Smith, John Child, Michael Rowlinson. Reshaping Work: The Cadbury Experience. Cambridge University Press, 1990. p. 64

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "There is no doubt that the efficiency of the Works at Bournville is assisted by the Suggestion Scheme, and it has been …" by Edward Cadbury?

Edward Cadbury 8

British businessman 1873–1948

Related quotes

“Habituation to bargaining and to the competitive principles of business necessarily brings it about that pecuniary standards of efficiency invade (contaminate) the sense of workmanship; so that work, workmen, equipment and products come to be rated on a scale of money values, which has only a circuitous and often only a putative relation to their workmanlike efficiency or their serviceability. Those occupations and those aptitudes that yield good returns in terms of price are reputed valuable and commendable, — the accepted test of success, and even of serviceability, being the gains acquired. Workmanship comes to be confused with salesmanship, until tact, effrontery and prevarication have come to serve as a standard of efficiency, and unearned gain is accepted as the measure of productiveness.”

Thorstein Veblen (1857–1929) American academic

Source: The Instinct of Workmanship and the State of the Industrial Arts, 1914, p. 349

“We are far from understanding how to achieve adaptively efficient economies because allocative efficiency and adaptive efficiency may not always be consistent. Allocatively efficient rules would make today's firms and decisions secure - but frequently at the expense of the creative destruction process that Schumpeter had in mind.”

Douglass C. North (1920–2015) American Economist

Source: Institutions (1990), p. 81; Ch. 9 : Organizations, learning, and institutional change

“The men who succeed are the efficient few. They are the few who have the ambition and will power to develop themselves.”

Herbert N. Casson (1869–1951) Canadian journalist and writer

Herbert N. Casson cited in: Supervisory Management. Vol. 1 (1955). p. 60
1950s and later

“The fundamental objective of the science of administration is the accomplishment of the work in hand with the least expenditure of man-power and materials. Efficiency is thus axiom number one in the value scale of administration. This brings administration into apparent conflict with certain elements of the value scale of politics, whether we use that term in its scientific or in its popular sense. But both public administration and politics are branches of political science, so that we are in the end compelled to mitigate the pure concept of efficiency in the light of the value scale of politics and the social order. There are, for example, highly inefficient arrangements like citizen boards and small local governments which may be necessary in a democracy as educational devices. It has been argued also that the spoils system, which destroys efficiency in administration, is needed to maintain the political party, that the political party is needed to maintain the structure of government, and that without the structure of government, administration itself will disappear. While this chain of causation has been disproved under certain conditions, it none the less illustrates the point that the principles of politics may seriously affect efficiency. Similarly in private business it is often true that the necessity for immediate profits growing from the system of private ownership may seriously interfere with the achievement of efficiency in practice.”

Luther H. Gulick (1892–1993) American academic

Source: "Science, values and public administration," 1937, p. 192-193

“The proposition that markets drive economic efficiency is central to much of economics. Adam Smith illustrated that the “invisible hand” of the market drives efficient allocation of resources in a system of division of labor. Friedrich Hayek illustrated the central importance of the price system as an information processing mechanism more powerful than any centrally planned system could ever be. Kenneth Arrow and Gerard Debreu illustrated that complete and perfect markets deliver a Pareto-efficient equilibrium, in which no one person can be made better off without making someone else worse off. And the development of the efficient- market and rational- expectations hypotheses suggested that financial markets are in fact efficient, and that the conditions required for efficiency and for rational and stable equilibria apply even in contracts between the present and the future, which financial markets provide.”

Adair Turner, Baron Turner of Ecchinswell (1955) British businessman

Source: Economics after the crisis : objectives and means (2012), Ch. 2 : Financial Markets: Efficiency, Stability, and Income Distribution

“With few exceptions, democracy has not brought good government to new developing countries…What Asians value may not necessarily be what Americans or Europeans value. Westerners value the freedoms and liberties of the individual. As an Asian of Chinese cultural backround, my values are for a government which is honest, effective and efficient.”

Lee Kuan Yew (1923–2015) First Prime Minister of Singapore

Lee Kuan Yew in speech entitled 'Democracy, Human Rights and the Realities', Tokyo, Nov 10, 1992 http://www.thenational.ae/opinion/comment/lee-kuan-yews-place-in-history-is-guaranteed
1990s

“As yet the efficiency of selling goods has not been worked out. Most salesmen believe it cannot be done. They claim that there are too many variables in the problem. Perhaps there are, but nobody knows until the experiment has been thoroughly tried. In every case the victories of Efficiency have been won in spite of the most stubborn opposition from the men who were being helped. And one fact is sure - that the first Advertisers and Sales Managers who try out Efficiency and succeed will find themselves in a gold mine. They will have found a better way to enter a market that handles, in an average year, thirty thousand million dollars worth of goods.”

Herbert N. Casson (1869–1951) Canadian journalist and writer

Source: 1910s, Ads and Sales (1911), p. 7

“Workers… rather have used their increased efficiencies and resulting increased disposable income to purchase more material goods. …Indeed, in a cruel irony, the workweek has actually lengthened. …More work is required to pay for more consumption, fueled by more production, in an endless, vicious circle.”

Alan Lightman (1948) Physicist, science writer, essayist, novelist

A Sense of the Mysterious : Science and the Human Spirit (2005), p. 200
Context: In the 1950s, academics forecast that as a result of new technology, by the year 2000 we could have a twenty-hour workweek. Such a development would be a beautiful example of technology at the service of the human being.... According to the Bureau of Statistics, the goods and services produced per hour of work in the United States has indeed more than doubled since 1950.... However, instead of reducing the workweek, the increased efficiencies and productivities have gone into increasing the salaries of workers.... Workers... rather have used their increased efficiencies and resulting increased disposable income to purchase more material goods.... Indeed, in a cruel irony, the workweek has actually lengthened.... More work is required to pay for more consumption, fueled by more production, in an endless, vicious circle.

“The corporate manager who achieves success by honest efficiency in giving the best service to the public should be favored because we all beneﬁt by his efficiency. […] he should be helped by the Government because his success is good for the National welfare. But a man who, grasps and holds business power by breaking the industrial efficiency of others, who wins success by methods which are against‘ the public interest and degrading to the public morals, should not be permitted to ‘ exercise such power. Instead of punishing him by a long and doubtful process of the law after the wrong has been com- mitted, there should be such effective Government regulation as to check the evil tendencies at the moment that they start do develop.”

Theodore Roosevelt (1858–1919) American politician, 26th president of the United States

1910s, The Progressives, Past and Present (1910)

“The particular interests of the entrepreneurs and capitalists also demand interventionism to protect them against the competition of more efficient and active men. The free development of the market economy is to be recommended, not in the interest of the rich, but in the interest of the masses of the people.”

Ludwig von Mises (1881–1973) austrian economist

Ch. VII : The Economic, Social, and Political Consequences of Interventionism § 1. The Economic Consequences https://fee.org/resources/interventionism-an-economic-analysis-2#economic
Interventionism: An Economic Analysis https://fee.org/resources/interventionism-an-economic-analysis/ (1940)
Context: The unhampered market economy is not a system which would seem commendable from the standpoint of the selfish group interests of the entrepreneurs and capitalists. It is not the particular interests of a group or of individual persons that require the market economy, but regard for the common welfare. It is not true that the advocates of the free-market economy are defenders of the selfish interests of the rich. The particular interests of the entrepreneurs and capitalists also demand interventionism to protect them against the competition of more efficient and active men. The free development of the market economy is to be recommended, not in the interest of the rich, but in the interest of the masses of the people.

Help us to complete the source, original and additional information

Edward Cadbury 8

Related quotes

Related topics