Management style as important as technology for ensuring top performance in shops

Citation
L. Benson et R. Watts, Management style as important as technology for ensuring top performance in shops, PLAT SURF F, 86(6), 1999, pp. 58
Categorie Soggetti
Metallurgy
Journal title
PLATING AND SURFACE FINISHING
ISSN journal
03603164 → ACNP
Volume
86
Issue
6
Year of publication
1999
Database
ISI
SICI code
0360-3164(199906)86:6<58:MSAIAT>2.0.ZU;2-0
Abstract
Advances in technology and the widespread availability of information make it difficult to hold a technological advantage over the competition for any length of time. Management style is becoming our single-most-important com petitive advantage in today's market. The use of performance compensation t ools, combined with "soft-skills" education and training, can dramatically improve shop performance, Presented here is a structure for effectively imp lementing a performance compensation system that will continually improve e mployee performance and promote employee motivation. During the two years t his performance compensation program has been in place, the gross company r evenue grew 135 percent in the first year and 66 percent in the second.