Manufacturing 2.0
Rock River Valley manufacturing experts discuss the many facets of manufacturing: technology, education, training, events, people and any other aspects of this important segment of our economy. They’ll use this blog to get the word out and solicit feedback on local and global manufacturing. They hope to better engage our employers, employees and our future work force and increase their understanding of manufacturing.

Archive for May 30th, 2008

Knowing Names Good Business

Add comment May 30th, 2008

Jim Sinegal is Costco’s CEO. According to ABC’s website he is quoted as saying, “We’re going to be a company that’s on a first-name basis with everyone.” Knowing the names of employees has lead Costco to have low employee turnover. Its turnover is far lower than Wal-Mart.

As high schools look to create more meaningful links with businesses, imagine a future workforce where local industry officials know our RPS 205 students by name. One way to start is by bolstering efforts for student work based learning opportunities. As students build relationships with community members they will gain confidence and become loyal members of our workforce.

Mr. Sinegal puts it best: “We’re in the business of building an organization, an institution that we hope will be here 50 years from now. And paying good wages and keeping your people working with you is very good business.”