Spark : How Old-fashioned Values Drive a Twenty-first Century Corporation - Lessons from Lincoln Electric's Unique Guaranteed Employment Program

3.68 (64 ratings by Goodreads)
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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 more

Product details

  • Hardback | 272 pages
  • 162.56 x 236.22 x 30.48mm | 498.95g
  • PublicAffairs,U.S.
  • New York, United States
  • English
  • 1586487957
  • 9781586487959
  • 1,568,547

Review quote

Publishers Weekly "A fascinating glimpse into this remarkable yet, in many ways, ordinary organization, which survives, even thrives, in a sunset industry where overseas outsourcing is the norm.... Instructive and heartening, this book offers a proven model for companies that not only want healthy bottom lines but also satisfied, dedicated employees" Richard Freeman, Professor of Economics, Harvard University "In a time of recession, massive layoffs, and Wall Street bailouts, Spark tells the remarkable story of the better side of American capitalism: Lincoln Electric, the billion dollar manufacturer that succeeds by treating its employees the right way. This book should be required reading for everyone who wants to make the economy work for us all, from the President and his economic advisors to business leaders and employees everywhere." Harvard Business Review "A fascinating depiction of a rare human resource practice in a company with a long and hearty track record--food for thought for the rest of us." Wall Street Journal "Striking ... against the backdrop of the layoff mania that has claimed more than eight million American jobs since late 2007." Akron Beacon-Journalshow more

Rating details

64 ratings
3.68 out of 5 stars
5 23% (15)
4 38% (24)
3 27% (17)
2 9% (6)
1 3% (2)
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