Wednesday, May 6, 2020
Analysis Of Lincoln Electric Organizational Culture
Analysis of Lincoln Electric organizational culture Lincoln Electric was founded at the end of the 19-th century by John C. Lincoln. He was a talented engineer who invested 200 dollars in his product electrical motors. Soon he was replaced by his younger brother James F. Lincoln, and the founder of Lincoln Electric dedicated his time to engineering activities and inventions. James F. Lincoln was a different type of inventor. He was a good manager with the nice strategic point of view over manufacturing. At the beginning of the 20th century, the company started manufacturing welding machines which become their iconic product. That is not the only thing Lincoln electric became famous for. The incentive management plan was one of a kind at that time and was the first step of creating company culture with a high focus on the employees, something unheard among the other manufacturers at that time of the century. Both Lincoln brothers were inventors and this was crucial for the earlier company development. Both were pioneers and the vision and the mission that was integrated especially from James Lincoln played a major role in the dramatic company development during the World War II. The start of the pioneering in the management was the creation of an advisory board from elected employees. The advisory board had meetings twice a month during which they made the voice of the employees be heard. For about a decade many changes become effective and the working conditions changedShow MoreRelatedAnalysis Of Lincoln Electric Company Of Cleveland Ohio Usa S Organizational Culture877 Words à |à 4 PagesLincoln Electric Company of Cleveland Ohio USA`s organizational Culture is exceptional and has earned it the acolade of being the best managed manufacturing company in the whole world. I will explore and attempt to identify culture aspects of Lincoln Electric from several issues such as; the continuing influence of founders of the company, the golden rule, the incentive management plan,the performance appraisal system, how people communicate in the organization, the merit pay plan, the bonus planRead MoreOrganizational Culture Of The Lincoln Electric Company1439 Word s à |à 6 PagesIntroduction The Lincoln Electric Company is the worldââ¬â¢s largest manufacturer of welding machines and electrons. Lincoln employs 2,400 workers in two U.S. factories near Cleveland, OH and approximately 600 in three factories located in other countries. (The Lincoln Electric Company p. 1.) 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Since it has been created by the Lincoln family, the company has known enormous success, in this essay I going to look at some critical elements contributed that companyââ¬â¢s success; such as: ï ¶ The continuing influence of the founders of the company. ï ¶ The incentive management plan. ï ¶ The performance appraisal system. ï ¶ The way people communicate in the company. Lincoln Electric Company 3 WriteRead MoreLincoln Electric Company : Case Analysis On Company Culture943 Words à |à 4 PagesLincoln Electric Company ââ¬â Case analysis on company culture The Lincoln Electric Company is a shining example of an effective organizational structure. In this analysis, summarized from Arthur Sharplinââ¬â¢s case study from 1989, several different aspects of the culture will be discussed and how they have propelled the company in to success. The first aspects will be the companyââ¬â¢s mottos, long standing traditions and way of communication; afterward, the pay structure, including bonus programs and performanceRead MoreCase Analysis : Lincoln Electric Company958 Words à |à 4 PagesCase Analysis: Lincoln Electric The Lincoln Electric Company is a great example of an organization that has multiple cultures within it. In this weekââ¬â¢s reading of chapter 8, we learned about several cultures. The ones that come to mind immediately when referencing Lincoln Electric Company are people-oriented and outcome-oriented. (Carpenter, Taylor Erdogan, 2009, p. 188) Investigating the founders of the company makes it easy to see that Lincoln Electric Companyââ¬â¢s founders shared a common visionRead MoreThe Lincoln Electric Company Analysis Essay980 Words à |à 4 PagesThe Lincoln Electric Company is one with a long-standing history of success and profit, as evidenced in the Case Study conducted by Arthur Sharplin. The success of Lincoln Electric is largely based on the companyââ¬â¢s culture. In this case analysis, I will discuss different aspects of the company that provide insight into the types of culture it has. The overall impression, after reading the Case Study, is that Lincoln Electric has a strong culture. In our textbook, Carpenter, Taylor, and Erdogan (2010Read MoreCase Study887 Words à |à 4 Pageswould you characterize Lincoln Electricââ¬â¢s strategy? In this context, what is the nature of Lincolnââ¬â¢s business and upon what bases does this company compete? 2. What are the most important elements of Lincolnââ¬â¢s overall approach to organization and control that help explain why this company is so successful? How well do Lincolnââ¬â¢s organization and control mechanisms fit the companyââ¬â¢s strategic requirements? 3. What is the corporate culture like at Lincoln Electric? What type of employees
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