you see with the case study you are to read it and comment on the statement “the employees and families of Rhino foods are its greatest assets”
you see with the case study you are to read it and comment on the statement “the employees and families of Rhino foods are its greatest assets”
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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you see with the case study
you are to read it and comment on the statement “the employees and families of Rhino foods are its greatest assets”

Transcribed Image Text:Case study 1.2
People philosophy behind Rhino Foods
The founder of Rhino Foods, Ted Castle, believed he knew what a
good company should look like and, early on in the company's history,
wrote into the Purpose Statement a vital Employee principle:
The employees and families of Rhino Foods are its greatest assets.
The company's relationship with its employees is founded on a climate
of mutual trust and respect within an environment for listening and
personal expression. Rhino Foods declares that it is a vehicle for its
people to get what they want.
This fundamental principle of encouraging empowerment has been
put into practice in a number of ways. The teams of production employ-
ees make their own decisions about production, manufacturing, distri-
bution and even recruitment. When business fell away in the early
1990s, employees went out in teams to negotiate additional work with
local employers, hiring themselves out for temporary periods with a
continuing guarantee of a job at Rhino, helping the company to avoid
making redundancies. The company makes sure that any promises it
makes are always carried out in full.
Source: Flynn (1996)
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