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ALCOA
The
Element Of
Possiblity
ALCOA, the Aluminum anti-trust laws. This led to He was highly committed
Company of America a gradual downfall of the to his vision of “zero
was established in the company over the years. accidents”, and took many
year 1888. ALCOA In order to overcome steps to make it happen.
manufactures variety of the grim situation, the The investors were
items, from aluminum board of directors, in initially unhappy with O’
foil to wrap chocolate 1987, appointed a young Neill’s decision. However,
Hershey’s Kisses, cans of Paul O ‘Neill as the new his vision was a success.
Coca Cola, and screws CEO of ALCOA. On his ALCOA, within a year full
to maintain the integrity first day, a meeting of the of improvements in safety,
of the satellite. Many major stake-holders and made a profit of $ 1 billion,
people invested in the the CEO was organised its record high. When Paul
company. However, in order to discuss the O’Neill retired in 2000,
during the early 1900s, business strategies to the market capitalization
ALCOA’s management expand their network. of ALCOA rose by a
repeatedly chose To much of everyone’s whopping $ 27 billion.
wrong steps, recklessly surprise, O’Neill did not The story of ALCOA is
trying to expand their discuss any such matters. a perfect example for
manufacturing capacity He simply said, “With everyone. It tells us how,
and product range. The the metal as hot as 1,500 when somebody focuses
safety of the employees degrees and machines that on human values, profits
was compromised in could be fatal, I intend to generate naturally. Every
order to fulfil this thirst of make ALCOA become habit has the power to
expansion. ALCOA was the safest company. I start a chain reaction.
also caught up in legal intend to pursue zero
cases due to its violation of injury (zero accident)”.
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