Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUJIC TIRADE
VOL.
LI. N o . 19.
T
Published Every Saturday by Edward Lyman Bill at 1 Madison Ave., New York, Nov. 5,1910
SING
CENTS.
SOO°PER S *EA£
HE value of organization was never more apparent than to-day, and one reason why many a
business enterprise has crumbled, when on the outside it had the imprint of solidity and success,
has been through lack of organization.
It was Carnegie who once said: "If I had lost all my capital but still had my organization I
should very soon recover my capital."
Why?
The great iron man knew that with an efficient body of men around him he could easily meet any
kind of competition which might be encountered.
After all, men are factors in business—greater factors than machines and plants, for what is ma-
chinery without an efficient organization to dispose of the products of the factories?
Business men everywhere are appreciating more than ever the value of an efficient corps of men
about them; for, good men not only help to build a business, but they form a staying power as well, and
the best way to hold good men is to make it interesting for them to continue.
Few men consider just what the loss of a good man is to them.
They do not figure the time wasted to break in a successor, and in dollars and cents every important
change that is made in a business organization totals big figures.
It is a rare man indeed who will earn his salary and a margin for the house when he is new and inex-
perienced, and it may be months before his earning capacity will reimburse the firm for the cost of making
the change.
A truly great business man said to me recently that he did not consider that a man was worth his salary
for six months, and on top of that he figured the expense of educating him.
Certainly no man can come into a new position to-day and develop the highest standard of efficiency
to-morrow.
It takes time to fill responsible positions and fill them well, and it takes a long time to gain a full
momentum.
Hence, no harm can come through a careful consideration of the value of good men to a business.
There are very few enterprises which can constantly keep up endless chains in the men at the head
of their leading departments.
A loss ensues, and it is a mighty strong business that can stand that kind of leakage indefinitely.