We conceive the prominent element in present-day industrial management to be: the mental attitude that consciously applies the transference of skill to all the activities of industry. Here emphasis is placed upon the word all, for the restricted application of this principle to machines and tools has been highly developed for a long period. But its conscious application in a broad way to the production departments, and particularly to the workmen, we believe has been made during the last quarter of a century.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "We conceive the prominent element in present-day industrial management to be: the mental attitude that consciously applies the transference of skill to all the activities of industry. Here emphasis is placed upon the word all, for the restricted application of this principle to machines and tools has been highly developed for a long period. But its conscious application in a broad way to the production departments, and particularly to the workmen, we believe has been made during the last quarter of a century." in the context of "Attributed to Henry R. Towne in: William Kent (1914) Investigating an Industry, p. 3-4
• Comment: William Kent mentions the "The Engineer as an Economist," (1886) as the source." to mean that wisdom is timeless.