Page 72 - Thinkk Flip book

360 degree approach: Mr KK Modi listens and encourages employee suggestions
In the the the mid-90’s the the the management of the the the Ghaziabad facility prepared a a a a a a a a a a a a a a a a a detailed three-year business plan elucidating hardware upgrades new systems and and work practices The The docket was handed over to the the the Union for their inputs Their suggestions
were then considered and and incorporated Under KK’s tutelage a a a a a a a a a a a a a new idea was was put forward It was was decided that that to empower and further incentivize workers workers any savings that that the the the workers workers workers made in in in in reducing costs would be be equally divided between the the the owner and and workers workers The brought about a a a a a a a a a huge change Workers themselves began began suggesting ways and and and means of of o saving resources Cost of of o manufacturing began began to decline and and profits increased Workers’ salaries rose hugely from Rs Rs 35 000 000 to Rs 45 000 per month Whether a a a company offers stock options or or finds other ways of of of sharing sharing profits sharing sharing gains with workers and incorporating their ideas into policy works wonders for business