FSB/Winning Workplaces Best Bosses 2003

Honored Leader: Peggy Finley, President
Company Name: K40 Electronics
Location: Elgin, Ill.

Nature of Business: Manufacturer and distributor of CB antennas and custom remote radar detection systems.
Founded: 1978
Revenue: $6-10 million
Growth Rate (2002): 0 percent*
Number of Employees: 27
Average Tenure: 8 years

Key Workplace Traits and Programs:

• Flat management structure
• Open-book management
• Accessible leader
• Employee forum
• Company-wide meetings
• Profit sharing
• Employee recognition programs
• Entertainment rewards
• In-house training programs
• Cross-training
• Subsidized external learning
• Company social events
• Volunteer program
• Cross-department collaboration
• Flexible/seasonal scheduling

Finley on leadership: "Respect, appreciate, empower and hold the people in your employ accountable. There can be no empowerment without accountability. Make the [work] environment a safe place to be creative, learn and express. ... Be nice, play fair."

*K40 has experienced flat sales in a down market since 1992. They have, however, seen an increase in net annual profits of 28.6 percent during that period.

More 2003 Best Bosses

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