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 …showed first 75 words of 544 total…

…showed last 75 words of 544 total…employee empowerment. They need to grow out of their archaic thinking by incorporating new methodologies into their workforce. Once they have incorporated new methodologies they must continue to build and maintain employee motivation in order to be successful. In the last two years they have slowly began to change their old ways, but for me it was too little too late. Works Cited Cappels, Thomas M., Financially Focused Quality. Boca Raton, Florida: St. Lucie Press, 1999