Thrusters and Sleepers: A Study of Attitudes in Industrial Management A PEP Report - Anon.George Allen & Unwin, 1965, Hardback.
Condition: Very Good. Gently bruised at the head, tail and corners of the binding with slight fading at the spine. Edges of the text block lightly tanned. Light tanning to the blanks and pastedowns.
From the cover: “In the past few years there has been much criticism of Britain’s economic performance, prompted mainly by the country’s slow rate of economic growth and its failure to achieve an adequate increase in exports. An earlier pep report, Growth in the British Economy, published in the autumn of 1960, had some influence in calling attention to Britain’s economic shortcomings.
Much of the discussion about these problems has been based on ‘league tables’ comparing the performance of Western countries in respect of economic aggregates such as gross national product, total investment or exports. This has been a useful exercise and the value of such analysis, and the efficacy of policy measures to increase aggregates such as investment or exports, should not be underrated. But there has been a tendency to stress this global, macro-economic thinking at the expense of the study of decisions and actions in individual firms, which are the motive power of a decentralised economy such as Britain’s.
In the last analysis, the growth of the economy as a whole depends on the efficiency and growth of the individual firms and these, in turn, are determined largely by the men who manage them. Growth in the British Economy had concluded that one major barrier to economic growth was that people are not sufficiently interested in it — a conclusion that was particularly important in the case of managers in view of their special influence on economic activity. It appeared, therefore, that, before it would be possible to formulate a fully effective policy for a sustained increase in Britain’s rate of economic growth, an examination should be made of the attitudes and practices of the men who manage industry. PEP accordingly decided to undertake a detailed study at the level of the individual firm.”