Frederick Taylor, Henry Ford and Alfred Sloan among others showed how to run big organizations by delivering mass production through managing the supply chain, parsing and manufacturing demand, controlling employees as humanresources, and steadily increasing efficiency through economies of scale.
The human-resources department said the shortage could be compounded by higher demand for factory workers, which it said climbed 15.2% in 2012 from a year earlier.
It is the foundation for ideas such as that organizations should be aiming at maximizing shareholder value, that organizations should treat employees and contractors as humanresources to be exploited and that they should deal with customers as demand to be manipulated.