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The scope for actuaries in local government service
Published online by Cambridge University Press: 18 August 2016
Extract
Organization is a problem of analysis and its converse, synthesis. It involves first the exact determination of the separate elements to be coordinated, whether these be sources of supply, processes of manufacture or divisions of administration. Secondly, these elements must be translated into the appropriate functions which they necessitate; for example, specialized branches of labour or steps in accounting procedure. Finally, the separate functions must be integrated into a coherent pattern, sufficiently stable to be economical of effort while remaining sensitive to changes in any of the basic circumstances with which the plan has to deal.
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- Copyright © Institute and Faculty of Actuaries 1947
References
page 339 note * Wood, A. R., Housing Finance and Accounts, I.M.T.A. Lecture, No. 6, 1946
page 342 note * Greenwood, M., Proc. Roy. Statist. Soc. 1946.
page 342 note † See, for example, Daniel, G. H., Social and economic conditions and incidence of rheumatic heart disease, Proc. Roy. Statist. Soc. Vol. CXI, p. 197, 1942.