netrashetty
Netra Shetty
Precision Castparts Corp. (NYSE: PCP) is a Portland, Oregon, United States-based Fortune 500 company. The industrial goods and metal fabrication company manufactures cast metal parts for use in the aerospace, industrial, defense, and automobile industries. In 2009 they ranked 362nd on the Fortune 500 list, and 11th in the Aerospace and Defense Industry.[2] On June 1, 2007, PCC replaced MedImmune on the S&P 500 stock index
CEO
Mark Donegan
Director
Daniel Murphy
Director
Rick Schmidt
Director
Lester Lyles
Director
Vernon Oechsle
Director
Don Graber
Director
Timothy Wicks
Director
Steven Rothmeier
Director
Richard Wambold
Investment Cast Parts
SH
Fastener Products
KS
Forged Products
KB
Airfoils
John O'Neill
Training & Organizational De...
JE
Legal
RC
Metals Corporation
JS
Large Structural Casting Ope...
RL
CFO
Shawn Hagel
CIO
BG
Strategic Planning & Develop...
KP
Control
RP
Tax
BR
Internal Audit
Mark Ellis
Treasurer
SB
Investment
The immediate investment costs of training existing employees may be more than the monthly fees charged by an external Black Belt, but when we look at long-term gains, internal Black Belts are certainly the best choice. Investing in internal Black Belts would mean that the organization would never have to pay for the services of external Black Belts. The savings generated could then be used to provide Six Sigma training to more employees.
Employee Loyalty
Most of the employees who get Black Belt training are likely to be appreciative of the organization's policies and pledge their loyalties for the organization. However, it is also possible that some employees may become complacent, thinking that they have gained immunity because of their past performance. Such employees must be dealt with, with an iron hand and not allowed to become a drag on the organization. Expecting loyalty from external Black Belts will not be wise because it's obvious that their services are available to anyone who offers the biggest paycheck.
ut together one very centralized company, a deserving workforce,
several opinionated executives, a little bit of time and what do you get?
No, it's not Extreme Makeover: Home Edition, but Extreme Makeover:
Organization Edition.
Although this sounds like the hit reality TV show on ABC where a family
whose home is in ruins has the opportunity to have their entire house
redesigned, this article argues that the same idea holds true for
organizations today where design, in many ways, is also in ruins and
needs an organizational makeover.
CEO
Mark Donegan
Director
Daniel Murphy
Director
Rick Schmidt
Director
Lester Lyles
Director
Vernon Oechsle
Director
Don Graber
Director
Timothy Wicks
Director
Steven Rothmeier
Director
Richard Wambold
Investment Cast Parts
SH
Fastener Products
KS
Forged Products
KB
Airfoils
John O'Neill
Training & Organizational De...
JE
Legal
RC
Metals Corporation
JS
Large Structural Casting Ope...
RL
CFO
Shawn Hagel
CIO
BG
Strategic Planning & Develop...
KP
Control
RP
Tax
BR
Internal Audit
Mark Ellis
Treasurer
SB
Investment
The immediate investment costs of training existing employees may be more than the monthly fees charged by an external Black Belt, but when we look at long-term gains, internal Black Belts are certainly the best choice. Investing in internal Black Belts would mean that the organization would never have to pay for the services of external Black Belts. The savings generated could then be used to provide Six Sigma training to more employees.
Employee Loyalty
Most of the employees who get Black Belt training are likely to be appreciative of the organization's policies and pledge their loyalties for the organization. However, it is also possible that some employees may become complacent, thinking that they have gained immunity because of their past performance. Such employees must be dealt with, with an iron hand and not allowed to become a drag on the organization. Expecting loyalty from external Black Belts will not be wise because it's obvious that their services are available to anyone who offers the biggest paycheck.
ut together one very centralized company, a deserving workforce,
several opinionated executives, a little bit of time and what do you get?
No, it's not Extreme Makeover: Home Edition, but Extreme Makeover:
Organization Edition.
Although this sounds like the hit reality TV show on ABC where a family
whose home is in ruins has the opportunity to have their entire house
redesigned, this article argues that the same idea holds true for
organizations today where design, in many ways, is also in ruins and
needs an organizational makeover.