During the last five years, interest in productivity-based group incentive plans for mill operations in the forest products industry has increased. In a 1983 monograph in this series titled "Company /Employee Gainsharing Programs," Michael B. McKay anticipated this trend. In that monograph, he defined "gainsharing" as a "group incentive plan."...
This monograph describes the concept of allocating aggregate costs of logs, wood, and manufacturing to specific products based on those products' relative market values. It includes results of a survey and a general analysis of the issues involved.
The long-term timber supply situation in North America is in a tremendous state of transition. Although short-term demand and price projections are extremely important in the development of near-term strategy and business planning, long-range strategic planning should be developed using long-term projections, or secular trends, of timber demand and supply....