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Word Count: 550
Working at Lockheed Martin for the past four years I became familiar with the methodologies they used to increase profitability Only in the last two years did they begin to realize that they needed to incorporate new methodologies in order to increase profitability The biggest factor Lockheed needed to improve on was employee empowerment The basic premise of ownership and empowerment is that sharing company ownership and meaningful involvement with employees is a fair and effective means of motivating the work force and achieving many business objectives Cappels Unless Lockheed Martin continues to incorporate new methodologies profitability will not improve within the company Empowerment is closely aligned with the concept of ownership because when you create a working climate comprised of trained people whose supervisors mentor coach and facilitate rather then only control and direct then you can have ownership Cappels Lockheed Martin fails to empower its employees and in doing so they can not achieve profitability within the company In every meeting that I attended they failed to actually listen to the employees and take action on employee suggestions Meetings were always filled with false promises and lies Lockheed would take employee surveys provide feedback in the meetings say they were going to implement the suggestions then fail to follow through with the implementation Year after year the employees would see no improvement within the company on employee empowerment Employees who feel their ideas merely have been given lip service will often withdraw from these programs and their participation will be difficult to encourage in the future Cappels That is exactly what was happening at Lockheed Martin Employees began to answer the surveys less and less each year knowing nothing would ever become accomplished by them Lockheed also began losing employees at a drastic rate Myself being one of them Lockheed has proven that if you do not empower the employees you will lose profitability I believe the biggest problem Lockheed has is that
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