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In less than two decades -- about "two minutes" in world history time -- Japan will succeed the United States as the world's productivity leader, and in the twenty-first century this Pacific nation will become the world's economic leader. The United States will drop back to number two or three in the global economy, burdened with a large foreign debt, and faced with a relatively lower standard of living, following the path of decline of Great Britain and other former world leaders.

So predict C. Jackson Grayson, Jr., and Carla O'Dell, two of the world's leading authorities on productivity, "unless" American government, management, and labor can work together-and soon -- to revive American productivity growth and bolster the quality of American products and services. Showing how hundreds of companies including Xerox, Federal Express, Ford, IBM, and Motorola are successfully responding to the competitive challenge, the authors make a compelling case that American industry can benefit from the lessons of history, learn to adjust, and thus retain its world economic leadership.

Speaking directly to managers, Grayson and O'Dell offer a wealth of practical suggestions for American business in their specific ten-part "Agenda for Adjustment." Based on their experience with successful firms, the Agenda spells out workable recommendations for improvement -- from operating systems and organization structure, to employment stability and compensation systems.

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Library Journal Review

Through efforts to improve productivity and products, some American companies such as Xerox, Ford, and IBM are responding to challenges from abroad, especially from Japan. Grayson and O'Dell say failure to do so will result in America's losing preeminence. They call for adjustments in the way companies do business, warn that time is limited, and discuss the government's role. Their agenda requires changes in product quality, employee involvement and stability, training, and accounting systems. This should be required reading for corporate leaders. Recommended for academic and large public libraries. M. Balachandran, Univ. of Illinois Lib., UrbanaChampaign (c) Copyright 2010. Library Journals LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.

CHOICE Review

Productivity as a solution to stagnation and decline is the underlying theme of this book written to both shock and influence American management and union leaders. At the same time, the volume is designed to generate lively sales to the general public. As leaders of the American Productivity Institute, Grayson and O'Dell serve as consultants to client companies, giving rise to real world cases. They focus on the private sector, though the role of government is cleverly integrated into the text. Some useful historical antecedents are found in Part 3, and, of course, Japan and Asia are highlighted in the finale. ``An Adgenda for Adjustment'' in Part 4 includes a practicum in organization, quality control, learning, compensation incentives, involvement, and flexibility. Successful responses by American companies to revive productivity are the bases for practical solutions to the plight of industrial stagnation. This timely volume is strongly recommended to those libraries supporting upper-division and graduate-level courses in management and applied economics.-P.D. Nigro, College of Staten Island, CUNY

Booklist Review

In broad strokes, this volume demonstrates how an increase in productivity is the key to success, featuring a description of Britain's decline from the pinnacle of worldwide economic prominence (with haunting parallels for the U.S. today) as well as analysis of 10 key changes that management must make to increase American productivity. These changes can be summarized as the need to develop drive, flexibility, a commitment to continuous product improvement, and a shared sense of purpose. The authors do a good job of providing examples of companies that are on the upswing as well as others that are only half-heartedly succeeding. In essence, this text proposes that U.S. business shortcomings can be rectified, but that time is running out. A readable, thought-provoking study. Bibliography; to be indexed. BK. 658'.00973 Industrial management U.S. / Industrial management Japan / Industrial productivity U.S. / Industrial productivity Japan / Economic forecasting U.S. / U.S. Economic conditions 1981- [OCLC] 87-19391