ABSTRACT
The advent of the machine tool, with its endless reproductive powers, with its yet unexhausted possibilities in the way of division of labour, and its infinitely greater accuracy and power, was bound to revolutionise and transform the operations on which it could be directed. But this of itself is perhaps the least important of the changes differentiating the old from the new order. The necessity for co-ordination already referred to is an inevitable result of the evolution of the factory. No one mind can grasp and hold all the details. The object of modern administrative organisation is to readjust the balance of responsibilities disturbed by the expansion of industrial operations, and to enable the central control to be restored in its essential features.
