Category Archives: Business Strategy

Humanities, Arts and Social Sciences

Dr. John Psarouthakis

Executive Editor

The role of the humanities, arts, and social sciences has expanded in recognition that these are essential intellectual and cultural components of the creative spirit and ethos of education and scholarship at universities and particularly at technological institutes such as MIT. The humanities and social science faculty have played leadership roles in extending the global reach of many of the programs and in broadening the perspectives and expertise needed to engineer, manage, and set policy. MIT’s world-renowned strengths in economics and linguistics continues to build and evolve. Writing and the performing arts have continually expanded their importance and, in addition, have played a notable role in developing an appreciation of the role of diversity in living and learning. The visual arts have evolved in new directions and have expanded their strength and centrality in our institutions.

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Real Participative Management


Dr. John Psarouthakis

Executive Editor.

Well, we have applied the “Better Makes Us Best” philosophy in JP Industries and the rewards were substantial. I would like to describe a few of our success stories.

I will begin by telling you what happened, as an example,  at one of the plants.

The plant manager decided there was a need for change – to meet the demands of the marketplace and remain competitive. We provided him with opportunities to review alternatives and he eventually selected a program the plant now called “Real Participative Management” – or RPM, which is rather apt in the Transportation Products industry.

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Apply new technology to old manufacturing


Dr. John Psarouthakis

Executive Editor

My goal IN BETTER MAKES US BEST (see previous article) was to apply new technology to old manufacturing processes, to transform underperforming companies into profitable ventures. Some of the underperforming companies we acquired were in danger of losing supplier status with their customers.

You can provide machinery and technology but if you lack employee commitment the formula won’t work. The buildings, the machines, don’t really do much unless people have the motivation, the desire and the know-how to do a good job. They turn it around. We provide leadership and creative management.

I wrote and published a book, describing the “Better Makes Us Best” philosophy, which was distributed free of cost to all of our employees – over 7,000 people at the time.

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