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Because of Alfred D. Chandler Jr's widely influential books and articles, historians of management and of business have often taken a firm, especially a manufacturing firm, as their unit of analysis. Despite its usefulness as an organizing concept, the firm-based approach does not take into consideration the management of networked systems, which have spread widely and posed major managerial challenges in recent decades. In this essay, the author shall compare the firm and the networked-systems approaches, but first he stresses that his attention is focused upon networked electric-power systems. Besides arguing that the management of networked, electric-power systems is worthy of attention, he is also contending that their management deeply influenced managerial practices in general bet...
General Electric Co. is considering whether to build -- possibly in southwest Ohio -- a $50 million center that would allow engineers to collaborate in one location to develop, test and certify electrical power systems for aircraft, to serve what GE management says is becoming an "exponential" increase in demand for those systems. Bill Chadwick, an executive with the Aerospace Industries Association, a trade group, agreed that there likely is to be strong demand over the next several decades, after the aerospace industry gets through its current slump that is a result of the recession. Demand is increasing for all forms of electronic equipment for powering and flying airplanes, he said.
Emerson Electric Co., St. Louis, said Tuesday it has acquired Turbine Control Service Associates Inc., a Harmar-based provider of generator control systems for power plants. The combination will strengthen the position of Emerson Process Management's Power & Water Solutions unit, based in O'Hara, in automating power generation facilities, said a company statement.
To: EDUCATION EDITORS Contact: BP, Tom Mueller, Director, Press and Corporate Communications, +1-281-366-1236; or Black Hills Energy, Kenny Romero, Renewable Energy Manager, +1-719-546-6534; or CSU-Pueblo, Cora Zaletel, Executive Director, External Affairs, +1-719-549- 2576; or Smart Growth Advocates, Vickie Massam, President, +1-719- 565-0597
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