As an Industrial Engineer, and IE manager are you following value addition and value allocation?
Taylor rubric: "an increase in productivity was allocated (1) one-third to the worker in the form of increased wages, (2) one-third to the owners in the form of stock dividends and capital investment, and (3) one-third to consumers in the form of lower prices for the products the company produced."
Interesting. What’s in a Name? The Trials and Tribulations of IIE!
Bill Biles, Professor of IE, Retired at University of Louisville
https://www.linkedin.com/pulse/whats-name-trials-tribulations-iie-william-e-biles-phd-bill-biles/
#industrialengineering. #productivity. #costreduction
https://www.linkedin.com/in/bill-biles-7096b16/recent-activity/all/
https://www.researchgate.net/profile/William-Biles
91 publications
The Engineering Science of Industrial Engineering: A Viewpoint of the Industrial Engineering Curriculum
WILLIAM E. BILES
IIE Transactions
Volume 23, 1991 - Issue 3
Pages 208-214 | Published online: 30 May 2007
Cite this article https://doi.org/10.1080/07408179108963855
https://www.tandfonline.com/doi/abs/10.1080/07408179108963855
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