Management: Fulltime Storekeeper

Whenever a U.S. industrialist wants an example of ungainly management structure, he need look no farther than his own trade association, the National Association of Manufacturers. The N.A.M. represents 17.000 companies—80% of which employ fewer than 500 workers. Its policies are formulated by 21 different committees manned by no fewer than 3,000 members, and final policy decisions must win a two-thirds vote of a 170-man board of directors. To make things more difficult, the association for most of its history elected a new president each year from among its members, and obliged...

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