WL GORE COMPANY

Success for companies was traditionally measured in terms of how much income it generated at the end of the day . New research and evolving markets , however , have placed just as much relevance in job satisfaction and employee welfare as signs of success . A company is considered as success , under the present times , as one that not only generates income for itself and its stockholders but also provides opportunities for its employees and allows them to share in the financial success of the company . A perfect example of this success is WL Gore p

WL Gore is a highly successful company that was founded on January 1 1958 . It is primarily a manufacturing and development firm that deals in fluorocarbon polymers , especially polytetrafluoroethylene (PTFE Some of the more well-known products of WL Gore include Gore-Tex which is used in a wide variety of outdoor and sports equipment and gear

The reason why WL Gore is such a success is because of the encouraging corporate culture and excellent organizational structure that it utilizes that boasts of no hierarchical nature . The recently appointed head of Terri Kelly has been with the company for 22 years and it is the only company she has ever worked for . This is a sign of the excellent employee programs that the company has and this has been recognized on an international scale as well . W .L . Gore and Associates has consistently ranked as one of the 100 Best Companies to Work for

Aside from keeping its employees happy and well compensated , the company has also maintained a solid financial standing by generating worldwide sales of over US 1 .84 . It has also kept ahead of the pack by introducing industry leading technologies such as GORE-TEX (R ) Soft Tissue Patch (1988 , GORE-TEX (R ) Radome Laminate (1989 , ONE-UP (R ) Pump Diaphragms (1995 , GLIDE (R ) Floss (1995 ) STA-PURE (R ) Pump Tubing (2000 and GORE-TEX Antistatic Workwear (2002

The success of this company , therefore , is based on the fact that it has still maintained a robust financial standing while keeping its employees happy and productive and at the same time such a move has not resulted in any productivity or innovation loss . A normal company would have to sacrifice one for the other but the non-hierarchal organizational structure of W .L Gore has proven to be productive in achieving all of these goals

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