Justin Kitch, CEO and co-founder of Homestead Technologies, an Internet communications company, which offers a complete resource for creating websites for individuals and businesses have wondered at the height of the dotcom boom in 2000, how tightly the relationship was between construction companies with a strong culture and high performance. Homestead Technologies' history, business model, competitive environment, culture, communication procedures, and human resource management are described. Kitch asked whether the company built short-term mentality can lead to long-term value for customers, employees and shareholders, and wonders whether the companies and their employees owe their surrounding communities. Although personally committed to building a strong organization that promotes its employees as well as shareholders, Kitch asked whether this approach offers any long-term benefits to entrepreneurs, who just wanted to turn their companies. "Hide
by Charles A. O'Reilly, Chrishan Thuraisingham Source: Stanford Graduate School of Business 19 pages. Publication Date: January 31, 2001. Prod. #: HR18-PDF-ENG
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