Spark

Cleveland-based manufacturer Lincoln Electric has thrived for more than a century. It survived two World Wars, the Great Depression, the decline of industrial America, and the recent credit crash with impressive profits. While factories across the Midwest fired employees and shuttered their doors, Lincoln Electric fulfilled its promise of "Guaranteed Continuous Employment," a company pledge to avoid layoffs for economic reasons. By promoting loyalty, trust, and flexibility, Lincoln Electric has built a company of committed, hard-working employees and a reputation of excellence.

In this insightful and spirited investigation, journalist Frank Koller digs deep into Lincoln Electric's inner workings--revealing surprising lessons about what happens when managers view their employees as valued assets rather than costs.

ISBN 1610390539   Pages 272 ISBN13 9781610390538 (What's this?)   Weight (grammes) 340 Publisher The Perseus Books Group   Published in New York Imprint PublicAffairs,U.S.   Height (mm) 235 Format Paperback   Width (mm) 155 Publication date 12 Jan 2012   Spine width (mm) 20 DEWEY 331.2596   Academic level Professional / Scholarly DEWEY edition DC22

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

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