Richard Hines Lansburgh (September 26, 1893 [1] - 1942) was an American economist, management consultant, and Professor of Industry at the University of Pennsylvania's Wharton School, known for his work in the field of industrial management. [2] [3]
Lansburgh was born and raised in Washington, D.C., and studied economics at the University of Pennsylvania. There in 1915 he obtained his Bsc in economics, and in 1916 his MA, [1] and in 1918 his PhD in Political Economy with a thesis entitled "Labor turnover." [4]
In 1915 Lansburgh had started his life-long academic career at the Wharton School of the University of Pennsylvania, only interrupted by World War I. From 1917 to 1919 he served in the Ordnance Corps of the United States Army. He started out as First Lieutenant, and got promoted to the rank of Captain and of Major. Back at the Wharton School he was assistant professor from 1919 to 1921, and Professor of Industry until his retirement in the late 1930s. [1]
Furthermore Lansburgh served as director of the Pennsylvania Economy League of Southwestern Pennsylvania; as Secretary at the Labor and Industry Commonwealth of Pennsylvania since his appointment by Gifford Pinchot in 1924; as Industrial Officer; at the First National Bank of Detroit, management consultant and management author. [1]
Lansburgh is particularly known for his seminal work in industrial engineering, particularly with the publication of his 1923 book Industrial Management. The text is designed not to make any original contribution, but to create an overview of the field. In the introduction to the 3rd edition he explained the work as:
The work itself consists of seven parts.
The author of Yardsticks of Management (1946) remembered Lansburgh for his outstanding opinion about those matters. [6] Lansburgh in 1930 had argued:
Frederick Winslow Taylor was an American mechanical engineer. He was widely known for his methods to improve industrial efficiency. He was one of the first management consultants. In 1911, Taylor summed up his efficiency techniques in his book The Principles of Scientific Management which, in 2001, Fellows of the Academy of Management voted the most influential management book of the twentieth century. His pioneering work in applying engineering principles to the work done on the factory floor was instrumental in the creation and development of the branch of engineering that is now known as industrial engineering. Taylor made his name, and was most proud of his work, in scientific management; however, he made his fortune patenting steel-process improvements. As a result, scientific management is sometimes referred to as Taylorism.
The Wharton School of the University of Pennsylvania is the business school of the University of Pennsylvania, a private Ivy League research university in Philadelphia, Pennsylvania. Generally considered to be one of the most prestigious business schools in the world, the Wharton School is the world's oldest collegiate business school, having been established in 1881 through a donation from Joseph Wharton.
Scientific management is a theory of management that analyzes and synthesizes workflows. Its main objective is improving economic efficiency, especially labor productivity. It was one of the earliest attempts to apply science to the engineering of processes to management. Scientific management is sometimes known as Taylorism after its pioneer, Frederick Winslow Taylor.
Use value or value in use is a concept in Marxist economics. It refers to the tangible features of a commodity which can satisfy some human requirement, want or need, or which serves a useful purpose. In Karl Marx's critique of political economy, any product has a labor-value and a use-value, and if it is traded as a commodity in markets, it additionally has an exchange value, most often expressed as a money-price.
Welfare capitalism is capitalism that includes social welfare policies and/or the practice of businesses providing welfare services to their employees. Welfare capitalism in this second sense, or industrial paternalism, was centered on industries that employed skilled labor and peaked in the mid-20th century.
The tendency of the rate of profit to fall (TRPF) is a theory in the crisis theory of political economy, according to which the rate of profit—the ratio of the profit to the amount of invested capital—decreases over time. This hypothesis gained additional prominence from its discussion by Karl Marx in Chapter 13 of Capital, Volume III, but economists as diverse as Adam Smith, John Stuart Mill, David Ricardo and Stanley Jevons referred explicitly to the TRPF as an empirical phenomenon that demanded further theoretical explanation, although they differed on the reasons why the TRPF should necessarily occur.
Henry Rogers Seager was an American economist, and Professor of Political Economy at Columbia University, who served as president of the American Association for Labor Legislation.
Leon Pratt Alford was an American mechanical engineer, organizational theorist, and administrator for the American Society of Mechanical Engineers. known for his seminal work in the field of industrial management.
In the context of human resources, turnover is the act of replacing an employee with a new employee. Partings between organizations and employees may consist of termination, retirement, death, interagency transfers, and resignations. An organization’s turnover is measured as a percentage rate, which is referred to as its turnover rate. Turnover rate is the percentage of employees in a workforce that leave during a certain period of time. Organizations and industries as a whole measure their turnover rate during a fiscal or calendar year.
Industrialisation in the Soviet Union was a process of accelerated building-up of the industrial potential of the Soviet Union to reduce the economy's lag behind the developed capitalist states, which was carried out from May 1929 to June 1941.
George W. Taylor was a notable professor of industrial relations at the Wharton School at the University of Pennsylvania, and is credited with founding the academic field of study known as industrial relations. He served in several capacities in the federal government, most notably as a mediator and arbitrator. During his career, Taylor settled more than 2,000 strikes.
Sumner Huber Slichter was an American economist and the first Lamont University Professor at Harvard University. Slichter was considered by many to be the pre-eminent labor economist of the 1940s and 1950s. Slichter was adamantly opposed to the labor movement, and called repeatedly for legislation against unionization. Slichter was also a critic of the New Deal."
Economic democracy is a socioeconomic philosophy that proposes to shift decision-making power from corporate managers and corporate shareholders to a larger group of public stakeholders that includes workers, customers, suppliers, neighbours and the broader public. No single definition or approach encompasses economic democracy, but most proponents claim that modern property relations externalize costs, subordinate the general well-being to private profit and deny the polity a democratic voice in economic policy decisions. In addition to these moral concerns, economic democracy makes practical claims, such as that it can compensate for capitalism's inherent effective demand gap.
Hugo Diemer was an American engineer, management consultant, and professor at the Penn State University, who in 1910 published the first industrial engineering textbook: Factory Organization and Administration.
Workplace democracy is the application of democracy in various forms to the workplace. It can be implemented in a variety of ways, depending on the size, culture, and other variables of an organization.
Paul Frederick Brissenden was an American labor historian, who wrote on various labor issues in the first half of the 20th century. He is perhaps best known for his 1919 work on the Industrial Workers of the World, entitled The IWW: a Study of American Syndicalism.
John Michael Carmody was an American administrator, noted as editor of Factory and Industrial Management, and as administrator of the Rural Electrification Administration and the Federal Works Agency in the 1930s.
Charles Day was an American electrical, construction and consulting engineer, and co-founder of Day & Zimmermann. He is known as a specialist in public utility management and operation, and for his seminal contributions to flow charts and the routing diagram.
Gladys Louise Palmer was an American social statistician who "gained worldwide attention for her research on manpower problems and labor mobility" and for her work on the standardization of labor statistics.
Lansburgh may refer to: