Improving competitiveness of industry / Harold Bierman.

Includes bibliographical references and index

An agenda for increasing productivity: an introduction -- Corporate tax modification proposals -- Productivity and the net present value calculation -- A managerial incentive strategy for increased productivity -- Economic income -- Flexible wages: a wage plan for increased productivity -- Industrial democracy -- Correcting one problem: introducing present value depreciation -- Using earnings per share and stock prices to measure managerial performance -- Ten management errors -- Costs of capital by division -- Mergers, acquisitions, and LBOs -- Little differences and big results -- Scientific management -- Corporate strategies -- Achieving an improved competitive position.

"As the twenty-first century begins, the world finds itself with a wide range of possible economic futures. Many corporations find it difficult to compete in international markets with the result being shrinking revenue. Too many governments utilize an excessively high percentage of their nation's goods and services. In the past, some countries could afford to have a less than perfect tax system. However, wage and other labor rigidities (work rules) handcuff management. Management has become pre-occupied with non-productive pursuits, and numerous other sources of inefficiency. The objective of this book is to suggest several revisions in institutional structure, management techniques and rewards, and a drastic change in how hourly labor is compensated. The suggestions offered are applicable to any economy where decisions have to be made as to how to organize the factors of production most efficiently. It is therefore essential reading for policymakers, human resource management and accountant management." --Publisher's website.