Governance and Human Resources

Geoffrey Jones

in Merchants to Multinationals

Published in print March 2002 | ISBN: 9780199249992
Published online November 2003 | e-ISBN: 9780191596483 | DOI:
 Governance and Human Resources

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This chapter examines the management systems and human resources of British trading companies. Strategy and operating decisions were centralized on boards of directors. Professional managers were hired, some of them university graduates from the interwar years, whose development was characterized by on‐the‐job and site‐specific learning.

Keywords: centralization; directors; graduates; human resources; management system; managers; on‐the‐job training; site‐specific learning

Chapter.  15485 words. 

Subjects: Economic History

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