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How Old-fashioned Values Drive a Twenty-first Century Corporation - Lessons
Frank Koller
ISBN: 9781586487959
Format: Hardback
Publisher:The Perseus Books Group
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The best-selling Harvard Business School case study of all time is not about Coca-Cola or Microsoft, but the Cleveland-based arc welding manufacturer Lincoln Electric…
While factories across the Midwest shutter their doors, Cleveland-based manufacturer Lincoln Electric has thrived for more than a century. In addition to being profitable and technologically innovative, through good times and bad, the company has fulfilled its unique promise of guaranteed continuous employment. Workers are viewed as assetsnot liabilities. Through flexible hours and job assignments, as well as a merit-based bonus system, Lincoln Electrics employment policies have proven healthy for the companys bottom line its employees and its shareholders. In Spark, veteran journalist Frank Koller tells the story of how this unusual and profitable Fortune 1000 multinational company challenges the conventional wisdom shaping modern managements view of the workplace. Through insightful storytelling and extensive interviews with executives, workers, and leading business thinkers, Koller uses the Lincoln Electric example to illustrate how job security can inspire powerful growth and prosperity in our communities.
| ISBN | 1586487957 | | Pages | 272 | | ISBN13 | 9781586487959 (What's this?) | | Volumes | 1 | | Publisher | The Perseus Books Group | | Weight (grammes) | 463 | | Imprint | PublicAffairs,U.S. | | Published in | New York | | Format | Hardback | | Height (mm) | 235 | | Publication date | 02 Feb 2010 | | Width (mm) | 155 | | DEWEY | 331.2596 | | Spine width (mm) | 27 | | DEWEY edition | DC22 | | Academic level | General |
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| Ch. 1 | | "Tossed Out on the Street Like Worthless Scrap" | | 1 | | Ch. 2 | | "If We Tried Harder, Could the Company Pay Us More?" | | 25 | | Ch. 3 | | "Understanding What the End Game Is All About" | | 55 | | Ch. 4 | | "The Proper Step Forward" | | 89 | | Ch. 5 | | "Layoffs Aren't a Big Deal Anymore" | | 117 | | Ch. 6 | | "A Terribly Nonoptimal and Inefficient Policy" | | 147 | | Ch. 7 | | "This Is Not About Altruism" | | 181 | | | | Acknowledgments | | 215 | | | | Notes | | 221 | | | | Index | | 239 |
Norman A. Berg, Professor of Business Administration, Harvard Business School "Frank Koller has done a remarkable job of presenting both an economic and a moral argument for the value to society of the unusual policies followed with great success by Lincoln Electric for over a hundred years. The book is excellent in both the historical overview and the numerous interviews with current and past employees. There is much that modern management can learn about the benefits to employees, customers, shareholders, and communities by examining the role of the 'old fashioned' culture of Lincoln Electric." Thomas A. Kochan, George M. Bunker Professor of Management and Co-Director, MIT Institute for Work and Employment Research"A timely book, well researched and well written. Business, labor, and government leaders would do well to read "Spark" as they search for more equitable and sustainable principles for rebuilding trust in management, and getting compensation once again growin  Be the first to write a customer review
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