Competitiveness Through Co-determination

Birgit Benkhoff () and Helmut Lutzmann ()
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Birgit Benkhoff: Universität Dresden
Helmut Lutzmann: German plants of the Vandemoortele group

A chapter in Management Models for the Future, 2009, pp 1-14 from Springer

Abstract: Abstract A margarine company in East Germany demonstrates that its cost minimization strategy in a highly competitive market can best be pursued not by moving to Poland or the Czech Republic where wages are only a fraction of German standards but by valuing its workforce. A coherent set of policies including good wages, multiple skilling, participation and emphasis on health and safety have created the trust that makes co-determination by the works council particularly beneficial. Generosity, openness and consistency on the part of management caused a sense of common purpose among employees who in turn contribute to a continuous downward spiral of costs. They created the most efficient production system in the industry.

Keywords: Conflicts of interest; co-determination; integration; involvement; efficiency (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-71451-4_11

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DOI: 10.1007/978-3-540-71451-4_11

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