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Author:Despain, J.E. (et al.)
Title:Work values at Caterpillar: a process
Journal:Organizational Dynamics
2003 : VOL. 32:4, p. 405-414
Index terms:Organizational change
Freeterms:Work values
Language:eng
Abstract:In the early 1990s, Caterpillar Track-Type Tractors Division was in financial trouble. Top management had to turn this division around. Critical to this turnaround was creating a culture that would capture the commitment of all employees. More than 270 obstacles to creating a new culture had to be overcome. Nine common values were identified by employees and mangers to overcome these obstacles. A 360 degree feed-back process was implemented and within seven years, this division's financial plight was completely turned around.
SCIMA record nr: 255322
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