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L GORE ASSOCIATES
Officer,Secre
President tary
(Bob Gore) Treasurer
(Vieve)
•Associat
Associa Associa Associa Associa
es tes tes tes tes
•Sponsor
Sponsorship Program
Four guiding principles :
Try to be fair (fairness)
Use your freedom to grow (freedom)
Make your own commitment and keep
them (commitment)
Consult with other associates before
taking any action that may hurt the
reputation on financial stability of the
company (discretion)
Less formal
Compensation
Salary
Bonus (15% company profit
distributed twice a year)
Associates Stock Option/ASOP (Equal
to 15% associates annual income)
Avoid layoffs by temporary transfer
and cutoff salary
W.L. Gore & Associate. Inc
Creative Industries
HBR July–August 1999, Donald N. Sull, “Why Good Companies Go Bad “ page. 5
Growth Phases
HBR MAY–JUNE 1983, Neil C. Churchill and Virginia L. Lewis, The Five Stages of Small Business Growth Page 3
Characteristics of Small Business at
Each Stage of Development
HBR MAY–JUNE 1983, Neil C. Churchill and Virginia L. Lewis, The Five Stages of Small Business Growth Page 4
“Get Big By Staying Small”