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The Growth and Dissolution of a Large-Scale Business EnterpriseThe Furness Interest, 1892-1919$
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Gordon Boyce

Print publication date: 2012

Print ISBN-13: 9780986497391

Published to Liverpool Scholarship Online: January 2019

DOI: 10.5949/liverpool/9780986497391.001.0001

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Industrial Operations and Performance, 1900-1914

Industrial Operations and Performance, 1900-1914

Chapter:
(p.143) Chapter 6 Industrial Operations and Performance, 1900-1914
Source:
The Growth and Dissolution of a Large-Scale Business Enterprise
Author(s):

Gordon Boyce

Publisher:
Liverpool University Press
DOI:10.5949/liverpool/9780986497391.003.0007

This chapter examines the operations of the Furness Group’s industrial holdings between 1900 and 1914, and investigates the reasons for their varied performance. It considers Christopher Furness’ strategy in attempt to determine how appropriate it was, plus the effectiveness of policy implementation and how broader economic conditions influenced profitability. It also explores the support networks between allied enterprises and the commercial ties that arose within the Furness Group. It considers the capabilities and output of the Furness-owned shipyards during the period; the pattern of group shipbuilding orders; in-depth commentaries on the performance of the Furness Group’s engineering, steel, and coal interests and sub-companies; plus the links between the company’s shipping and steel interests. It concludes that Furness was both a bold investor and a defensive strategist, and that though operational difficulties arose when absorbing companies the vast majority survived as part of the Furness Group.

Keywords:   Shipping Operations, British Shipyards, Shipyard Economics, British Shipbuilding, British Coal, British Steel Companies

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