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Spark

How Old-Fashioned Values Drive a Twenty-First-Century Corporation: Lessons from Lincoln Electric's U
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( 81 ratings, 9 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Spark explores the century-long success of Cleveland-based Lincoln Electric, a manufacturer that defied economic downturns, wars, and industrial decline. Journalist Frank Koller reveals how the company’s unique pledge of Guaranteed Continuous Employment fostered loyalty and trust, building a dedicated workforce and a stellar reputation. The book offers insightful lessons on valuing employees as assets rather than costs.
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Format: Paperback / softback
$5800

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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

Ideal for readers interested in business management, industrial history, and sustainable workplace practices, as well as professionals seeking proven methods to enhance employee loyalty and corporate success.

Book Hero thinking about your next read

A century-old manufacturing company is taking a radically innovative approach to management--no layoffs--with provocative implications for every business

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

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.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Norman A. Berg praises the book for its economic and moral analysis, highlighting its rich historical detail and employee interviews. Thomas A. Kochan commends the research and writing, recommending it to leaders seeking fairer, sustainable management. Publishers Weekly notes the fascinating portrayal of a thriving company in a struggling industry.

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Book Details

INFORMATION

ISBN: 9781610390538

Publisher: PublicAffairs,U.S.

Format: Paperback / softback

Date Published: 02 August 2011

Country: United States

Imprint: PublicAffairs,U.S.

Audience: Professional and scholarly

DIMENSIONS

Width: 159.0mm

Height: 235.0mm

Weight: 250g

Pages: 272

About the Author

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.

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