XXXIII 



EFFICIENCY THE KEY TO SUCCESS 



What Ought To Be and What Is A Lesson from Life 

 Locating Inefficiency Reform Applying Efficiency 

 Principles Revolution through Efficiency Methods 

 Three Selected Efficiency Principles Oversight a Vital 

 Point Tabulation for Efficiency in Poultry Work. 



IT has been said again and again in our public prints 

 that most business enterprises fail. The men who 

 figure have put the per cent of successes as one out of 

 20. Doubtless, the failures in poultry keeping do not 

 count as high as this ; yet poultry keeping is commonly 

 considered unusually risky. Some business folk who 

 profess to be especially well informed in this matter 

 affirm that the " efficiency of capital investment in in- 

 dustrial plants " is seldom found to be above 30 per 

 cent. That is, calling what ought to be as 100, what actu- 

 ally is, in the working of the plants, must be called thirty. 

 Putting poultry keeping as a commerial venture on the 

 same plane, the figures which you work out so labori- 

 ously as what ought to be, will dwindle, in the actual 

 handling of the business, to less than one third ; your 

 profits will be one third of what you figured them ! 

 This just this is the weak point ; this is the crucial 

 reason for so many failures. And still you ask, " Why ? " 

 The firms which now sell efficiency, as one may say, 

 assert that it is because of waste of energy, of time, of 

 nerve force, of money. 



411 



