Description
Cleveland-primarily based manufacturer Lincoln Electric has thrived for more than a century. It survived two World Wars, the Great Depression, the decline of industrial The united states, and the up to date credit crash with impressive profits. At the same time as factories around the Midwest fired employees and shuttered their doors, Lincoln Electric fulfilled its promise of Guaranteed Continuous Employment,” an organization pledge to steer clear of layoffs for economic reasons. By promoting loyalty, agree with, and flexibility, Lincoln Electric has built an organization of committed, hard-working employees and a reputation of excellence.
On this insightful and spirited investigation, journalist Frank Koller digs deep into Lincoln Electric’s inner workingsrevealing surprising lessons about what happens when managers view their employees as valued assets quite than costs.