Michael Martin Hammer
Videos
Michael Martin Hammer was a Jewish-American engineer, management author, and professor of computer science at the Massachusetts Institute of Technology. Hammer and James A. Champy founded the manageme
Michael Martin Hammer
Division of labour
Videos
The division of labour is the separation of the tasks in any economic system or organisation so that participants may specialise. Individuals, organisations, and nations are endowed with, or acquire,
Michael Martin Hammer
…some sufficient improvements to their productivity, lower cost, increase quality, better service. The new principle to this model was to encourage the Specialization of labor to an end to end processes, generally creating more value for the customer. Not only does it benefit the customer but it also will assist in escalating…
Visiting a Nail Factory by Léonard Defrance (18th century)
Painting of Augustine of Hippo by Pieter de Grebber
Sir William Petty
Fable of the Bees by Bernard Mandeville