Nymek AB.

Document type: Miscellaneous
Full text:
Author(s): Klaus Solberg Søilen, Stefan Huber
Title: Nymek AB.
Type of publication: case study
Year: 2004
Organization: Blekinge Institute of Technology
Department: School of Management (Sektionen för management)
School of Management S- 371 79 Karlskrona
+46 455 38 50 00
Authors e-mail: kss@bth.se
Language: Swedish
Abstract: Abstract: The mechanical component producing company Nymek AB, based in Skellefteå/North Sweden, has undergone an extensive staff train-ing program during the last years. The goal has been to engage the per-sonnel in the production process and to create a higher team and develop-ment spirit. Constant improvements of the employee’s skills are considered necessary in order for the corporation to survive in today’s harsh global competitive situation. But, unlike most other companies, it’s strategy has not been to grow, but to survive, and maintain status quo.
Within the program, the entire staff meet once every half year to discuss strategies. Furthermore, the workers are organized in groups whose leaders meet once every second week in order to debate goals and to document achievements. The program has been a costly investment fot the company.
One of the most difficult changes was the alternation of the staff’s attitude. Having been part of a concern listed on the stock exchange, the employees had to realize that Nymek AB today is no more than a local firm with a restricted clientele and that the company’s owners want it to stay like that.
Subject: Business Administration\International Business
Business Administration\Organization
Keywords: mechanical component, staff train-ing program, global business