- Title Pages
- About the Author
- Frontispiece
- Acknowledgements
- Figure and Tables
- Introduction: The Growth and Dissolution of a Large-scale Business Enterprise: The Furness Interest, 1892-1919
-
Chapter 1 Furness' Shipping Services: Growth by Organic Means in the 1880s -
Chapter 2 The 1890s: Furness Withy's Expansion by Acquisition and Promotion -
Chapter 3 Diversification into the Industrial Sector, 1895-1901 -
Chapter 4 Trouble on the Transatlantic Route: The Formation of the IMM and Furness' Response -
Chapter 5 The Growth of Shipping Services, 1902-1909 -
Chapter 6 Industrial Operations and Performance, 1900-1914 -
Chapter 7 The Growth of the Shipping Interests, 1910-1919 -
Chapter 8 Structure -
Chapter 9 Finance -
Chapter 10 Holding Company Investment Activities and Intermediary Operations -
Chapter 11 Personnel -
Chapter 12 Furness -
Chapter 13 Dissolution -
Appendix 1 Deployment of the Combined Fleet, 1900-1919 -
Appendix 2a Patterns of Ownership: The Furness Group, 1919 -
Appendix 2b Reorganization of Branch Offices and Superintending Departments, 1911-1912 -
Appendix 3a Fluctuations in Freights, Profits, Tonnage Afloat and Merchant Shipping Output -
Appendix 3b Output of Merchant Tonnage (Excluding Warships), 1892-1913 -
Appendix 3c Fluctuations in the Price of a 7500-ton Cargo Steamer, 1898-1913 -
Appendix 4 Development of the Furness Group: Principal Promotions, Acquisitions and Divestments, 1880-1919 -
Appendix 5 Northern Allies and Maritime Associates -
Appendix 6: Contemporary Accounting Law and Conventions, 1845-1914 -
Appendix 7 Lord Furness' Movements, 1899-1912 - Bibliography
Furness
Furness
- Chapter:
- (p.321) Chapter 12 Furness
- Source:
- The Growth and Dissolution of a Large-Scale Business Enterprise
- Author(s):
Gordon Boyce
- Publisher:
- Liverpool University Press
This chapter assesses the entrepreneurship of Christopher Furness with regard to shaping both the internal organisation and external activity of the Furness Group. It provides a thorough account of his personal reputation and cultivated image, his creative talent within the business, his approaches to product development, cost-effective technologies, and sales deficiencies, and the way he generated productive opportunities in the external shipping environment. It considers how he structured and organised the Group and worked to ensure his successors would follow the same format. Finally, it identifies the way in which he attempted to modify environmental constraints to nullify the threat of external market uncertainty. Furness’ business and political writings are core sources for this study. It concludes that his style of entrepreneurship was liberal, laissez-faire, waste-resistant, reputation dependent, expansive, and, above all else, concerned with sustaining a business empire. His dynastic sensibilities led him to leave the business to his nephews rather than his son, whom he did not consider qualified to run the business.
Keywords: Victorian Entrepreneurs, Entrepreneurship, West Hartlepool, Maritime Politics, Liberal Entrepreneurs
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- Title Pages
- About the Author
- Frontispiece
- Acknowledgements
- Figure and Tables
- Introduction: The Growth and Dissolution of a Large-scale Business Enterprise: The Furness Interest, 1892-1919
-
Chapter 1 Furness' Shipping Services: Growth by Organic Means in the 1880s -
Chapter 2 The 1890s: Furness Withy's Expansion by Acquisition and Promotion -
Chapter 3 Diversification into the Industrial Sector, 1895-1901 -
Chapter 4 Trouble on the Transatlantic Route: The Formation of the IMM and Furness' Response -
Chapter 5 The Growth of Shipping Services, 1902-1909 -
Chapter 6 Industrial Operations and Performance, 1900-1914 -
Chapter 7 The Growth of the Shipping Interests, 1910-1919 -
Chapter 8 Structure -
Chapter 9 Finance -
Chapter 10 Holding Company Investment Activities and Intermediary Operations -
Chapter 11 Personnel -
Chapter 12 Furness -
Chapter 13 Dissolution -
Appendix 1 Deployment of the Combined Fleet, 1900-1919 -
Appendix 2a Patterns of Ownership: The Furness Group, 1919 -
Appendix 2b Reorganization of Branch Offices and Superintending Departments, 1911-1912 -
Appendix 3a Fluctuations in Freights, Profits, Tonnage Afloat and Merchant Shipping Output -
Appendix 3b Output of Merchant Tonnage (Excluding Warships), 1892-1913 -
Appendix 3c Fluctuations in the Price of a 7500-ton Cargo Steamer, 1898-1913 -
Appendix 4 Development of the Furness Group: Principal Promotions, Acquisitions and Divestments, 1880-1919 -
Appendix 5 Northern Allies and Maritime Associates -
Appendix 6: Contemporary Accounting Law and Conventions, 1845-1914 -
Appendix 7 Lord Furness' Movements, 1899-1912 - Bibliography