A perennial issue is the study of organizational behavior is the impact on productivity of participation by workers in a firm’s decisionmaking. The question has returned to the foreground is the recent debate over policies to increase U.S. productivity growth.
Nine years ago, the author bought a small manufacturing company with marginal profits, poor union relations, nit-picking work rules, and high labor costs. After a year of bickering, Frey decided he wanted to implement profit sharing.
This book gives a valuable insight into the history and formation of this unique undertaking as well as a wonderful portrait of the far-sighted Basque priest who master-minded the original project.
This case covers the strategy and management practices of the world’s largest manufacturer of welding equipment. Discusses the compensation system and company culture, and the leadership style of management.