“The prominent element in present-day industrial management to be: the mental attitude that consciously applies the transference of skill to all the activities of industry.”

— Hugo Diemer

(1921, p. 10); Diemer quotes the ASCM committee
Factory organization and administration, 1910

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Hugo Diemer 9

American mechanical engineer 1870–1937

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“We conceive the prominent element in present-day industrial management to be: the mental attitude that consciously applies the transference of skill to all the activities of industry. Here emphasis is placed upon the word all, for the restricted application of this principle to machines and tools has been highly developed for a long period. But its conscious application in a broad way to the production departments, and particularly to the workmen, we believe has been made during the last quarter of a century.”

Henry R. Towne (1844–1924) American engineer

Attributed to Henry R. Towne in: William Kent (1914) Investigating an Industry, p. 3-4
Comment: William Kent mentions the "The Engineer as an Economist," (1886) as the source.

“Another reason is because industry is the most important field of human activity, and management is the fundamental element in industry. It is now generally recognized that not bankers, not stockholders, but management is the pivot of business success. It is good management that draws credit, that draws workers, that draws customers. Moreover, whatever changes should come, whether industry is owned by individual capitalists, or by the State, or by the workers, it will always have to be managed. Management is a permanent function of business.”

Mary Parker Follett (1868–1933) American academic

Source: Dynamic administration, 1942, p. xx

“The Methods of Industrial Management. — A committee of the American Society of Mechanical Engineers made an extensive canvass in the fall of 1912 to determine what were the new elements in modern management as well as what the committee designated as the regulative principles of industrial management. The committee confirmed Adam Smith's statement made in 1776 in his Wealth of Nations, in which he held that the application of the principle of division of labor was the basis of manufacture. The committee also agreed with Charles Babbage, who in his work entitled Economy of Machinery and Manufacture written in 1832, added another principle, namely the transference of skill.”

Hugo Diemer (1870–1937) American mechanical engineer

(1921, p. 10)
Factory organization and administration, 1910

“It… has long been realized by those engaged in the work of installing scientific management, that transference of skill is one of the most important features(*)… The importance of transference of skill was realized many years ago. Studies in division of work and in elapsed time of doing work were made by Adam Smith, Charles Babbage, M. Coulomb and others, but accurate measurement in management became possible when Mr. Taylor devised his method of observing and recording elementary unit net times for performance with measured allowance for fatigue.
It is now possible to capture, record and transfer not only skill and experience of the best worker, but also the most desirable elements in the methods of all workers. To do this, scientific management carefully proceeds to isolate, analyze, measure, synthesize and standardize least wasteful elementary units of methods. This it does by motion study, time study and micro-motion study which are valuable aids to sort and retain all useful elements of best methods and to evolve from these a method worthy to be established as a standard and to be transferred and taught. Through this process is made possible the community conservation of measured details of experience which has revolutionized every industry that has availed itself of it.”

Frank Bunker Gilbreth, Sr. (1868–1924) American industrial engineer

Source: The present state of art of industrial management, 1913, p. 1124-5 ; (*) See Primer of Scientific Management, F. B. Gilbreth, p. 56; Psychology of Management, L. M. Gilbreth, chap. 8; Motion Study, F. B. Gilbreth, p. 36.

“The Methods of Industrial Management.”

Hugo Diemer (1870–1937) American mechanical engineer

A committee of the American Society of Mechanical Engineers made an extensive canvass in the fall of 1912 to determine what were the new elements in modern management as well as what the committee designated as the regulative principles of industrial management. The committee confirmed Adam Smith's statement made in 1776 in his Wealth of Nations, in which he held that the application of the principle of division of labor was the basis of manufacture. The committee also agreed with Charles Babbage, who in his work entitled Economy of Machinery and Manufacture written in 1832, added another principle, namely the transference of skill.
1921, p. 10
Factory organization and administration, 1910

“It can be argued that the U. S. brokerage and investment banking industry has transformed the modern American stock market into nothing more than a mechanism for transferring wealth from shareholders to management.”

Peter D. Schiff (1963) American entrepreneur, economist and author

Quotes from Crash Proof (2006)

John F. Kennedy (1917–1963) 35th president of the United States of America

1962, Rice University speech
Context: The growth of our science and education will be enriched by new knowledge of our universe and environment, by new techniques of learning and mapping and observation, by new tools and computers for industry, medicine, the home as well as the school. Technical institutions, such as Rice, will reap the harvest of these gains. And finally, the space effort itself, while still in its infancy, has already created a great number of new companies, and tens of thousands of new jobs. Space and related industries are generating new demands in investment and skilled personnel, and this city and this state, and this region, will share greatly in this growth.

“This country cannot afford now—if it ever could afford—unofficial strikes, wasteful stoppages, long, weary arguments about industrial demarcation, any more than we can afford out-of-date industrial methods, industrial promotion based on influence and connexion rather than technical ability, or management attitudes which give a higher priority to tax avoidance or the earning of quick, uncovenanted capital profits than to modernization and innovation in industrial production methods, or aggressiveness in exports.”

Harold Wilson (1916–1995) Former Prime Minister of the United Kingdom

Speech to the Labour Party Conference in Brighton (12 December 1964), quoted in The Times (14 December 1964), p. 14
Prime Minister

“Creating a system to protect industrial and intellectual property is a prerequisite for the transfer of technology and consequently the resurgence of national technologies.”

Talal Abu-Ghazaleh (1938) Jordanian businesspeople

June 18, 2007, National Seminar on Industrial Property and Technology Transfer in Arab States, Amman, Jordan.

“Today, the concept behind project management is being applied in such diverse industries and organizations as defense, construction, pharmaceuticals, chemicals, banking, hospitals, accounting, advertising, law, state and local governments, and the United Nations.”

Harold Kerzner (1940) American engineer, management consultant

Source: Project management for executives (1982), p. 2

“The prominent element in present-day industrial management to be: the mental attitude that consciously applies the transference of skill to all the activities of industry.”

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Hugo Diemer 9

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