Wednesday, November 16, 2022

Retired executive shares his secrets to success

Posted by Elena del Valle on June 12, 2015

Behind the Mask

Behind the Mask

Photos: Xlibris Publishing

Before retiring Donald F. Hastings led international conglomerate The Lincoln Electric Company out of a severe financial crisis into record sales and profits. He is convinced his success is due to unexpected strategies of sharing the risk, respect and wealth with all employees.

In Behind the Mask: Embrace Risk and Dare to Be Better (Xlibris Publishing, ) a 207-page softcover memoir penned by his daughter Leslie Anne Hastings, he discusses his career path, shares his opinions about good management strategies, and challenges the modern views of corporate America. They wrote the book for “anyone who is struggling with a person or situation in his/her life that seems insurmountable. There is always a solution.”

“I may be David goading Goliath, but I believe layoffs, in general, are a sign of catastrophic failure on the part of management,” Hastings said in a press release. “To please Wall Street, we are dehumanizing business to a point that is unconscionable. It’s lazy and it’s bad business. I believe human beings are the single greatest resource a company has,” Hastings said. “Of course there’s a risk in taking care of your people, but being creative and taking risks is what inspired management is all about!”

When asked what the biggest surprise from the publication of the book was Leslie Anne said by email, “That the book was so well received on so many levels. Most people read the book in one sitting! Everyone who reads it takes away something different- from ideas and philosophy to courage and humor. It’s a really fun read!”

Before retiring Donald F. Hastings led international conglomerate The Lincoln Electric Company out of a severe financial crisis into record sales and profits. He is convinced his success is due to unexpected strategies of sharing the risk, respect and wealth with all employees.

Donald and Leslie Anne Hastings, authors, Behind the Mask

Donald and Leslie Anne Hastings, authors, Behind the Mask

According to his biography, Hastings, chairman emeritus, The Lincoln Electric Company, was dubbed the Silver-Tongued Mesmerist by his customers. Leslie Anne Hastings, a graduate of Stanford University, was the voice Behind the Mask.


Behind the Mask

Click to buy Behind the Mask