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Entrepreneurship
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Written by Sumeet
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Tuesday, 23 June 2009 17:48 |
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Adam Smith irrevocably changed our approach to work with his principle of Division of Labour. His principle of work specialization is still largely the premise of our modern organization structure design. Henry Ford incorporated this in his model of automobile assembly line manufacture and introduced on his shop-floor the conveyor belt that ensured that work went to specialists rather than the other way around. The humble conveyor belt has survived a century and still ensures that products are churned-out of production floors with pre-programmed precision.
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