CHANGE AND THE DEVELOPMENT OF A MANAGEMENT PROFESSION Available to Purchase

The industrial scene is of vital concern to everyone, never more so than at present. Sir Frederick Catherwood, formerly Director‐General of NEDO, gives his analysis of its problems. He examines the pressures put on the industrial system by students, workers, and the middle‐class; and the shift of power from the owner to the director, who in turn is deprived of the authority given by back‐up support. He argues that Government guidance is uncertain and unwelcome in a highly competitive society and that the successful regulation for a company is self‐regulation. In the latter half of this timely article, he suggests that management should follow the lead of older professions and lay down its own professional code.