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Cable

In: Business and Management

Submitted By Haji666
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 C A S E OILWELL CABLE COMPANY, INC. Jack R. MeredithAs Norm St. Laurent, operations manager for Oilwell though there were advantages too. It probably stemmedCable Company, pulled his Bronco 4x4 onto Kansas’ from the way the company was originally set up.Interstate 70, he heard on the CB about the traffic jamahead of him due to icy road conditions. Although the History of Oilwell Cable Company (OCC)traffic was moving some, Norm decided to get off atthe eastern offramp for Lawrence, rather than the more Originally known as the Chord Cable Company and locateddirect western offramp, to save time. While waiting for in New Jersey, the firm had been experiencing severe man-the offramp to come up, Norm’s mind drifted back to agement difficulties. When acquired by new managementhis discussion with Bill Russell, the general manager, in 1983, they renamed it Oilwell Cable Company andon the previous day. Norm had been contemplating add- relocated in Lawrence, Kansas to be closer to their primarying microprocessors to their rubber mixing equipment in customers in northeastern Oklahoma. Their product lineorder to save manual adjustments on these machines. This consisted primarily of flat and round wire and cables forwould improve throughput and reduce costs simultane- submersible pumps in oil wells.ously, though without displacing any employees. Based The manager chosen to head up the new enterprise, Ginoon the data Norm had seen, it appeared that the micro- Strappoli, gave considerable thought to the organization ofprocessors could cut the production time by 1 percent and the firm. Gino envisioned a company where everyone tookreduce scrap from the current rate of 1 percent down to some responsibility for their own management and the suc-one-half of 1 percent. cess of the business. Gino preferred this approach not only However, it seemed that this might be an issue that for personal

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