1. John Tu, one of the founders of Kingston Technology, believes that building a relationship of respect and trust with employee is crucial to achieving business success. Indentify the management practices at Kingston that help in achieving this goal.
Kingston Technology maintains the family-style management and its founders John Tu and David Sun believe in building relationships with their employees. Their business is driven by relationships and not money. Their management approach is to provide ample respect, good financial remuneration and other benefits to their employees and maintains an egalitarian work environment. The employees get the motivation from the ...
Profit Sharing Case Studies Samples For Students
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Background
ConsoE has recently acquired Expeer, an electrical company based in Austin, Texas with 15,000 employees. Expeer’s benefits package for its employees has traditionally been extensive and comprehensive when compared to what ConsoE offers. A tactical plan to communicate the change in benefits structure for the incoming former Expeer employees is crucial to help them understand and adjust to the new order.
Issue Identification and Root-Cause Analysis
The employees of Expeer get very high benefits that are significantly different from what is offered by the Consolidated Electronics. The benefits include a fully paid ten different health insurance plans, a 401k plus 3% match ...
Discussion questions:
1. John Tu, one of the founders of Kingston Technology, believes that building a relationship of respect and trust with employee is crucial to achieving business success. Indentify the management practices at Kingston that help in achieving this goal.
2. Do you agree with Kingston’s policy of giving new employees profit-sharing bonuses even when they join the company just one week before profits are distributed? Support your position.
I think that providing newly-hired employees with profit-sharing bonuses is a nice tool to make employees feel more comfortable at their jobs. This is especially important for the novices. They ...
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