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Spark, March 2010
Hardcover
How Old-Fashioned Values Drive A Twenty-First-Century Corporation: Lessons From Lincoln Electric's Unique Guaranteed Employment Program
PublicAffairs
March 2010
On Sale: February 23, 2010
272 pages
ISBN: 1586487957
EAN: 9781586487959
Hardcover
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Non-Fiction
Veteran journalist Koller tells the story of how one unusual
and profitable Fortune 1000 multinational company challenges
the conventional wisdom shaping modern management's view of
the workplace. A century-old manufacturing company is taking
a radically innovative approach to management with
provocative implications for
every business 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 assets—not liabilities. Through flexible hours
and job assignments, as well as a merit-based
bonus system, Lincoln Electric's employment policies
have proven healthy for the company's 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 management's
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.
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