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Montpelier, Ohio
September 2012
In This Issue
Winzeler HR Award
2012 Auto Growth
Relational Captial

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Winzeler Stamping Company Named Finalist for The Human Resource Management Award for Excellence 2012.
HR Award 2012 
The Winzeler Stamping Company was named as one of four finalists for The Human Resource Management Award for Excellence 2012.  The award is presented by The University of Toledo, College of Business and Innovation.  The HR Management Excellence Awards were established in 1998 to encourage and recognize excellent progress and achievement in the field of human resource management.  The awards are given annually to celebrate the success of local organizations and leaders for creating great places to work and demonstrating to the region that area employers can compete in a world marketplace.  Winzeler Stamping Company, along with Karen Beck, Human Resources Manager,  was recognized for:
  • Outstanding HR Impact in creating an engaged workforce dedicated to quality and on the job safety
  • Implementing a comprehensive wellness program
  • Strategically redesigning health plans in response to increasing costs
  • Providing ongoing education and support to employees with a tuition reimbursement program
  • Providing "Take 5" communication tools and offering community resources to provide employees assistance.  
Winzeler Stamping Company
Learn about the
Winzeler Stamping Company Culture

 

The awards are sponsored by The Mergis Group, The Employers' Association, and the Toledo Area Human Resource Association.  View the video above to learn more about what makes Winzeler Stamping Company a recognized employer and gain insight into the culture which makes Winzeler Stamping a preferred supplier to many of the world's largest manufacturers. 

2012 Automotive Industry Growth in North America by Company 

 

Eight automakers are expecting to set North American production records in 2012, according to LMC Automotive .  If the projections are accurate, they offer added evidence that foreign automakers are determined to take advantage of North America's growth and avoid costly currency fluctuations.   



Company
2012 production
% change
vs. 2011
GM
3,124,0001%
Ford2,697,0001%
Chrysler2,227,00013%
Toyota*1,780,00042%
Honda*1,629,00048%
Nissan*1,304,00012%
VW*735,00034%
Hyundai-Kia*721,00018%
BMW*287,0004%
Daimler*189,00016%
Subaru*177,00010%
Others71,000--
Total
14,941,00014%

* Record Production
The Importance of Relational Capital

Amid all the rock-bottom pricing proposals, cost-savings initiatives, spreadsheets, connection requests, and email / text / tweet  alerts, is there still room for personal business relationships in 2012?

We're all aware that during the past few years the pace at which we do business has increased to near lightening speed.  The majority of communication with our business associates, customers, and suppliers now occurs electronically, with 24/7 access to technology.   While it's difficult to argue with the gains we have made in terms of productivity and business speed, one might also conclude that as a consequence, we have been left a bit cold in terms of our relationship building. 

Our relationships seem to have been reduced to and defined by a series of transactions between Blackberries, iPhones, and servers rather than between people.  Although we may communicate frequently via the world wide web, it is interesting to note numerous studies have concluded that people still need and want human interaction.  Extending this thought to the business world, it seems logical to conclude that business, while benefiting from the productivity and technology of the 21st century, is still driven - at least in part - by people and relationships. 

Intangible assets - the knowledge, skill, and experience which exist in the people with whom we are connected can sit largely uncovered without the investment of genuine communication.  The value and trust we build with our colleagues, associates, customers and suppliers could be considered the most important element in a business relationship.  What we learn from and about others culminates to build relational capital.  This attained "capital" is one that minimizes risk, elevates confidence, and spurs cooperation.  Here are three qualities which are essential to building relational capital: 
  • Credibility:  Where all business relationships begin.  Finding common ground and acknowledging competence is primary to establishing relationships.   
  • Integrity: Though often believed to be a private quality (i.e. doing the right thing when no one is looking), it also has a public side, which has to do with honoring commitments and promises made.   
  • Authenticity:  The discovery of one's character, circumstances, and motivations. 

When these qualities are found and mutually appreciated a successful partnership is likely to develop.  Though no one wants to turn back the clock on technology, we should acknowledge that the information we gather based on personal experience and interaction is hard to ignore.  So, go ahead - pick up the phone or take a walk down the hall now and then.  Your time investment could be worth more than you know. 

 

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