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It's about the success and great management of a great old-school company.
In the current "great recession," Lincoln Electric has resorted to buyouts for highly compensated employees -- many of them at or near retirement age.
They know that if they work hard for the company, the company will work hard for them.
I enjoyed the history of Franklin Electric and their guarantee of employment for their workers, but the book became repetitive. It made it slow to read.Published 24 days ago by Jane F Haskin
Is guaranteed employment a viable business strategy? After reading this book, I would say .... Maybe. Well written and researched.Published 7 months ago by Paul Downs
This is one the best books I've read. It's about the success and great management of a great old-school company. Read morePublished 8 months ago by fourdegreesc
I recommend this book to anybody who appreciates the industrial history of the U.S. The book does a good job of discussing how Lincoln Electric began in the 19th Century and how... Read morePublished 10 months ago by LeTU MBA
Outstanding review of a unique company and the principles which have made it successfull. These principles could be applied to other companies.Published 18 months ago by James Rosenthal
Lincoln Electric - the welder (and supplies) manufacturer - the subject of this book - if they weren't kicking the world's butt at what they do would be bought out, dismantled, and... Read morePublished on September 4, 2011 by Greg Wadlinger
This book is not just about Lincoln electric. It's actually a history of the lifetime employment concept since the 1800's in the American business scene. Read morePublished on August 22, 2011 by John Seiffer
The trouble with normal is it always gets worse -- Bruce Cockburn, Canadian folk/rock guitarist and singer-songwriter, from his 1981 song "The Trouble with Normal"... Read morePublished on August 15, 2011 by David Kinchen