| Summary: | Report of the Royal Commission of Enquiry into the Financial Losses of Marystown Shipyard Limited 1981 Preface -- Summary of findings, recommendations, options and conclusions -- Introduction -- Background and findings. Marystown shipyard -- Shipbuilding at Marystown -- Provincial government funding. General -- History and summary of provincial government funding and contingent liabilities in connection with shipbuilding at Marystown 1967-80 -- Shipyard operating losses -- Analysis of factors contributing to losses. Lack of strategic business plan -- Deficiencies in shipyard operating procedures -- Factors external to the company -- Industrial and institutional factors. World markets and government policies. Introduction -- Factors affecting market recovery and timing -- Market stability -- Capital, R&D and marketing intensity -- Cost structure -- Barriers to markets -- Industry profitability and inflation impact -- Government regulatory trends -- The Canadian situation. Marystown shipyard and its shipbuilding market problems -- Federal government subsidies and support -- Export market support -- Financial and tax incentives to Canadian offshore fishing -- Vessel owners for new vessel construction to Canada -- Marine industries and provincial government policies. Provincial government policy relationship to the shipyard -- Organization and management factors. Crown company status -- The board of directors of a crown owned company -- The chairman of the board -- Board members -- The chief executive officer (C.E.O). Personnel profile -- Management structure -- Production and performance factors. Production management -- Materials management -- Work standards -- Personnel factors. Senior staff -- Wage and salary levels -- The workforce -- Personnel office -- The ship repair dimension -- Professional technical resources -- Annex "A": to "personnel factors" -- Options and strategic plan elements. Options available to the government of Newfoundland. Options available -- Further expansion on options -- Government ...
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