Archives for September 2014

decision

On January 14, 1914, Henry Ford made a cost-cutting decision that changed the American workforce forever. Ford raised his workers’ wages to five dollars a day, which roughly doubled their income. That decision was called out as the “The Greatest Business Decision of All Time” by the editors of Fortune 2012—almost a century later! Why? That decision changed the way American business viewed employees.  Workers were no longer seen purely as an expense, but esteemed as an investment in the future prosperity of the company.[i] [Read more…]

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