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What Are the 5Ps Advocated by Alex Tagansky in the Opening

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Short Answer

What are the 5Ps advocated by Alex Tagansky in the opening profile?


Definitions:

Worker Involvement

The active participation of employees in decision-making processes within their workplace.

Lean Processes

Streamlined operations that aim to maximize value to the customer while minimizing waste and inefficiency.

Management By Stress

A management strategy that deliberately imposes stress or high-pressure conditions on employees to increase productivity or efficiency, often at the cost of employee well-being.

Wage Flexibility

The ability of wages to adjust in response to changes in the economy, such as supply and demand for labor.

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