Poor Management Hinders Business Says R W Babson
Babson argues three factors drive industry capital labor and management with the third often ignored. He notes managers’ leadership, vision and courage determine corporate fortunes and warns many railroads and firms lack a strong boss. Poor management, not just money, explains unstable business swings.
MENTIONED IN THIS ARTICLE
R. W. Babson
Napoleon
St. Helena
Mr. Babson
Babson
Management Need Improves to Boost Business Health
The report notes weather and business trends, 14 percent below normal earlier, 7 percent above in February 1925, and now only 1 percent above. It attributes slow improvement to weak management despite better fundamentals and calls for collective effort to address it.
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