Spark How Old-Fashioned Values Drive a Twenty-First-Century Corporation: Lessons from Lincoln Electric's U

by Koller, Frank

• ISBN13: 9781610390538
• ISBN10: 1610390539
• Format: Paperback
• Copyright: 2011-08-02
• Publisher: PublicAffairs

Summary

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.

Author Biography

Frank Koller covers the workplace for the Canadian Broadcasting Corporation. Over a twenty-seven-year career with CBC, he has worked and lived around the world as a foreign correspondent, including seven years in the United States. He holds a Master's Degree in Engineering from the Massachusetts Institute of Technology. He lives in Ottawa.