|Written by Keith Ayers|
Why Senior Executives and Leaders Must Earn, Not Expect, Trust from Their Employees ---
Larry is the President of NuParts, Inc., a small manufacturing company that makes components. The business has enjoyed good relationships with its customers over the 25 years it has been operating. Similar to many manufacturing firms in the United States, however, increasing competition from overseas suppliers has required the company to reduce their prices over the past two years. Larry was brought in by the owners to reduce costs so that pricing could be more competitive and profitability maintained.