The economic dynamics of work

Michael Haley

Strategic Management Journal, 1986, vol. 7, issue 5, 459-472

Abstract: Only by developing management systems based on appropriate standards can a business successfully learn how to improve the technology of work. As a result, a new economics of work is created where the evolution of large organizations makes economic sense. But economies of scale no longer require rigid mass production of a limited product line. Flexibility can be introduced to produce product diversity without losing the efficiencies of standardization. Thus manufacturing can operate more flexibly like a service by learning to apply industrial robots and other smart machines. Service businesses can also learn how to manage more systematically by designing standard menus of operations.

Date: 1986
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1002/smj.4250070506

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:stratm:v:7:y:1986:i:5:p:459-472

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0143-2095

Access Statistics for this article

More articles in Strategic Management Journal from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().