Why Caring About Your Employees Doesn’t Hurt Profitability

When Jason Lippert became CEO in 2003, Lippert Components (LCI) a manufacturing company was assumed to have peaked while hovering at $100 million in sales.

With many companies outsourcing shipping overseas, the manufacturing market in America was not the place to be in the early 2000’s. Despite this, Lippert’s motivation to achieve did not waiver. He envisioned a different kind of company, one that blew past $100 million in revenue.

In the years to come, the growth of LCI aligned with Lippert’s vision. Through hard work, dedication, and strategic acquisitions the business grew 20 percent year over year amassing over $800 million in revenue by 2013. In spite of the success, Lippert felt like something was missing.

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