Workers and Technology: The Necessary Joint Basis for Organizational Effectiveness

Article Abstract:

Problems of United States business are often blamed on low productivity. This actually stems from the failure to combine technology with the needs of today's workers. Case studies include the 1979 accident at Three Mile Island, and the 1972-1973 wildcat strike at the Lordstown, Ohio automobile assembly plant. The new work systems that have emerged from high technology include stochastic and determinastic. A suitable concept for understanding the needs of the workers and high technology is Sociotechnical Systems (STS). STS stresses that both the technical and social systems are neccesary parts of a successful operation. Applications of STS are mentioned.

Case studies, Supervisors, Labor productivity

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Getting organizational buy-in for benchmarking: environmental management at Weyerhaeuser

Article Abstract:

Environmental management at Weyerhauser Co was the target of a benchmarking effort for improvement. At the time of the effort, literature and studies in benchmarking was unavailable and Weyerhauser had to develop its own system. A plan, do, check, adjust cycle was formulated that was designed to achieve performance improvement in competition with others. The key issues in the process were leadership, education, teamwork, benchmark functions and variables, support, company visits and acquisition of independent data. This was the basis for restructuring of Weyerhauser's environmental policies.

Paperboard mills, LUMBER AND WOOD PRODUCTS, Pulp mills, Methods, Weyerhaeuser Co., Environmental policy, Forest products industry, Environmental policy research

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Impetus for future growth in the globalization of stock investments: evidence from joint time series and chaos analyses

Article Abstract:

A study is conducted to find out if low dimensional chaos can be detected in a number of national stock market indices. For the study, data consisting of 810 daily closing indices for equity markets in London, Tokyo, Hong Kong, Singapore, New York and the world are used. Results provide evidence for the existence of low dimensional chaos in the daily index prices of national stock markets. Therefore, the daily index prices are not actually random and can be forecasted on a short-term basis.

Research, Stocks, International aspects, Stock-exchange, Stock exchanges, Investments, Chaos theory, Chaotic systems

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