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The New Zealand Railways Magazine, Volume 4, Issue 7 (November 1, 1929)

Efficiency the test of successful Business

Efficiency the test of successful Business.

Having thus shown, briefly, the need for knowledge of the subject, let us direct attention to industry. The aim of any business organisation is to provide the public with a commodity of some sort. It may be goods, or it may be advice which the business man supplies; it does not matter which it is as long as it is given in an efficient manner. The adaptation of certain psychological laboratory data to business has made it possible to attain the end desired in a more practical manner because it has indicated in clear-cut terms the necessity for considering the intermediate factor between originator and consumer, namely the employee. It does not in any way alter the aim, that is business alone, but it does indicate how the aim can be attained without a useless expenditure of bodily exertion—which hereafter we shall term energy.