Technology and Transformation in the American Electric Utility Industry

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Hardcover | 16 April 1990

At a Glance

Hardcover
292 Pages

Dimensions(cm)
22.8 x 15.2 x 2.8

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This book illuminates the role of technological stagnation in the decline of the American electric utility industry in the late 1960s and 1970s. Unlike other interpreters of the industry's woes, Professor Hirsh argues that a long and successful history of managing a conventional technology set the stage for the industry's deterioration. After improving steadily for decades, the technology that brought unequalled productivity growth to the industry appeared to stall in the late 1960s, making it impossible to mitigate the economic and regulatory assaults of the 1970s. Unfortunately, most managers did not recognize (or did not want to believe) the severity of the technological problems they faced, and they chose to focus instead on issues (usually financial or public relations) that appeared more manageable. Partly as a result of this lack of attention to technological issues, the industry found itself in the 1980s challenged by the prospects of deregulation and restructuring.

Industry Reviews

"Hirsh's well-documented argument about 'technological stasis' commands the attention of all concerned with what has gone wrong with America's power industry. Beyond this, his blend of managerial, technological, economic, and cultural analysis takes us to a new plateau of understanding." Thomas K. McCraw, Harvard Business School "This book, with its cross-disciplinary theme of 'technological stasis,' offers an innovative and compelling explanation of the extraordinary problems that have befallen America's electric utilities. Regulators, utility managers, activist citizens, and historians will find an important analysis, as well as a good story." Richard H.K. Vietor, Harvard Business School "...provides excellent documentation on problems associated with managing technology in a vital industry." S. Shapiro, University of New Haven, in Choice

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Preface
Acknowledgment of financial support
Introduction
Progress and Culture
Managerial and technological foundations
Establishment of a management culture
Manufacturers and technological progress before World War II
Postwar strategies of utilities and manufacturers
Utilities' role in technological progress
The mid-1960s: at the pinnacle of success
Stasis
Technical limits to progress in the 1960s and 1970s
Design deficiencies and faulty technology
Maelstroms and management malaise
Criticisms of utility research and development
The mid-1970s: near the bottom
Accommodating Stasis
Understanding values: the basis for a new consensus
The search for new technology
Conclusion
History and the management of technology
Appendices
Bibliographic note
Notes
Index
Table of Contents provided by Publisher. All Rights Reserved.

Technology and Transformation in the American Electric Utility Industry

At a Glance

Hardcover

Industry Reviews

Shipping

How to return your order

Defective items

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