-
Essay / American Tool And Die Company Case Study - 1962
When a factory is still in good condition, the management team must create a policy that asks each employee to contribute a small amount each month to save the company and its jobs. When AT&D struggled financially, AT&D executives were able to use the fund to pay employees, allowing the company to avoid layoffs or moving to another state. 2) Train employees in new skills. Today, not every company specializes in one area of business or produces a single product. The company needs to produce multiple products or switch to other products. For example; Instead, AT&D employees produce auto parts, they can build other things like computer hardware, electronics, solar power, furniture, airplanes, cell phones and others high-tech tools. To practice these professions, they must have training. AT&D should take some time to provide training to AT&D employees. AT&D also provided funding to train