Questions 153-155 refer to the following letter.
| Dear 25-Year Club Members,
The massive changes taking place within Anderson Industries may be somewhat unsettling for our longer-term employees. Yet, as we pause to recognize our 25-Year Club members, it is appropriate that we also acknowledge the need to adapt and grow. For this, we need the knowledge and experience of you and of all our employees to guide us successfully through this journey. Most of you will realize that the manufacturing processes that we utilize and the methods that we use to guide our business have changed very little over the years. In today’s constantly changing world, it is the innovative companies with continuous improvement of flexible manufacturing systems and modern business practices that capture the attention of their customers. This is the kind of company that we are striving to become. You are aware that we have been working over the past several months with a team of experts to discuss innovations in our manufacturing processes and business practices. I want to ensure that you are also aware that we have built into this discussion process numerous opportunities to consult with our 25-Year Club members. No one knows better than we do that the perspective gained from experience is an essential part of any innovation process. Anderson Industries has a solid reputation in the automotive industry, thanks to the efforts of you, the 25-Year Club members. Now it is time for all of us to create the necessary changes in our company to ensure that our 25-Year Club will grow in membership for years to come. Thank you all for your loyalty and commitment to the success of Anderson Industries. Sincerely, Karl Anderson CEO |
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