Professor HENRY CLAY : Scientific
Management'
LAST week Professor Clay discussed rationalisation, and showed that in modern industry there is an increasing tendency towards a rational examination and criticism of existing industrial practice. Another manifestation of this spirit of criticism is scientific management. This term, so constantly heard nowadays, means an attempt to improve processes, systems of organization and internal relations, by applying to their study the methods of record, analysis, and measurement that the scientist uses in the study of his problems. How far are the problems which face the industrialist akin to the problems with which the scientist is concerned? In this connection Professor Clay expounds the actual and potential importance of the accounting profession. The sixth and last talk of this sub-series next week deals with the position of labour in the new organization of industry. On the Monday after, a symposium will begin on the question 'How has the State met the Change ? ' It will be conducted by Professor Clay and the two previous Monday speakers, Professor Plant and Mr. Dennis Robertson.