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From Bagel Baskets to Specialty Precision Metal Fabrications by Focusing on Employees

How a sleepy maker of wire baskets for bagel retailers found global success by investing in his front-line employees, providing them with the tools, training and incentives to improve quality, boost productivity and earn a good, middle-class living.

It’s not unions or regulations or taxes or trade and immigrant barriers that have brought us "secular stagnation," as the economists now call it. It’s the profoundly unimaginative, herd-like behavior of corporate executives and directors, cheered on by their short-sighted investors on Wall Street. And as long as profits and share prices remain at record levels, they don’t see any reason to change.

By Steven Pearlstein

Full Story: http://www.washingtonpost.com/business/marlin-steels-smart-matrix-for-job-and-wage-growth/2014/12/12/977cd030-8151-11e4-81fd-8c4814dfa9d7_story.html?tid=hpModule_a2e19bf4-86a3-11e2-9d71-f0feafdd1394

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