MCAA Holds Management Institute

Words: Dan KamysForty-two persons from nine states attended MCAA's first Management Institute held here at the Park Ridge Inn on July 20-22. Main topic of the conference was Cost and the various aspects of Cost.

The program was under the leadership of George Conomikes, Director of Business Forum, Chicago, Ill., and specialist in industrial training. Staff members were Sidney L. Davidson, Charles T. Horngren and David M. Green all professors from the Graduate School of Business, University of Chicago.

Attending

In attendance were: James Lonie, Joseph Szabo, Robert Tubesing, Joseph Anastasi, John Bastiaans, D.G. Beyer, Gregor Pichler, Fred Beyer, Percy Bilbrey, Joseph Clifford, Thomas F. Costello, Bert Dirvin, Doug Erickson, Reno Fabbri, Robert Foley, Pat Filippi, Richard Harris, Richard Lauber, Frank Laureys, Gloria Linari, George Lutz, Waldo Marolf, Walter McCann, Warren McCoy, Ronald Olson, Ernest Pisacano, John Rafferty, Al Rubin, Thomas Scott, T.J. Shatkowski, Turner Smith, Jr., H.M. Strauss, Jr., Don Stevens, Robert Thornton, Robert Butendorf, Bob Cavanaugh, Ken Oxley, R.J. DeWalle, Jerry DuFour, Ray Holeman and George Miller.

During the Friday noon luncheon, the group heard Mr. Martin Bartling, Vice President, U.S. Gypsum Co., relate his experiences on a recent trip through Russia.

Subject Matter

The Nature of Cost and Cost/Volume/Profit Relationship were the topics of the Friday morning session handled by Mr. Horngren. David Green discussed Cost Projections and Profit Planning during the afternoon session. Saturday morning's topics were Control of OVerhead and Overhead Allocations presented by Mr. Davidson. Mr. Horngren then offered Cost Records for Estimating and Markup Formulas.

Second Meeting

Planning is now underway for the Second Management Institute which will feature Financing. Tentative dates for the session are October 7 and 8 at the new Hilton Inn, Aurora, Ill.
About: Educational (University)Featured
La Maison Franchère: How Masonry Turns Functional Buildings Into Timeless Beauty

La Maison Franchère, or the Franchers’ House, stands as a notable relic of stone architecture in Saint-Mathies, a small Quebec town on the edge of the Richelieu River. Unlike the neighboring homes, this towering, two-and-a-half-story mansion immediately c

By: Vera Autushka
Read More
MASONRY STRONG Podcast Episode 5 Recap: Zach Everett

Welcome back to another insightful episode of the Masonry Strong podcast! Today, we have a very special guest, Zach Everett, sharing his journey and experiences in the world of safety within the masonry industry. From humble beginnings to becoming a vital

By: Justin Stengel
About: Featured
Read More
What Is Crisis Management?

Crisis management is a process that employers use to respond to, and recover from, unplanned events. The best time to develop a crisis management plan is before a crisis occurs. A crisis management plan can help companies maintain business continuity, pro

By: Michael Rosser
About: Featured
Read More
Cost Management and Efficiency in Masonry Projects

With masonry being a piece count trade, the more units that are laid in the field that surpass the quantity figured in the estimate, the more profit that is made. Masonry crews in the field need a good foreman that is capable of organizing the crew, posit

By: Domenic Livoli
About: Featured
Read More