Wednesday, May 6, 2020

Analysis Of Company Culture Of The Lincoln Electric Company

Analysis of the Company Culture of the Lincoln Electric Company Analysis of the Company Culture of the Lincoln Electric Company â€Å"Lincoln employs 2,400 workers in two U.S. factories near Cleveland and approximately 600 in three factories located in other countries† (Sharplin, 1989), numbers which don’t include their substantial field sales force. Lincoln Electric’s founder, a John C. Lincoln, was a man of sound business practices who, after being frozen out of Elliott-Lincoln Company in 1895, built his own company from the ground up, starting with one of his patents and building improved motors from its design (Sharplin, 1989). James F. Lincoln, John C. Lincoln’s brother, joined the company after John had a battle with a bout of typhoid, in 1907. He became acting head of the company in 1914. James was a man of sound, ethical business practices who valued customers first and employees second, and who put exceptional emphasis on fairness of compensation and humane treatment of his employees. The motto of Lincoln Electric is The actual is limited, the possible is immense (Sharplin, 1989), and the way I interpret this is â€Å"the way things are is not the way things have to be,† which would reflect Lincoln Electric’s progressive, otherminded history and policies. Influence of the Founders: Plans, Performance, and Management Style Lincoln Electric’s management style is, for one, progressive and employee-oriented. When James F. Lincoln became the active head of LincolnShow MoreRelatedLincoln Electric Company : Case Analysis On Company Culture943 Words   |  4 PagesLincoln Electric Company – Case analysis on company culture The Lincoln Electric Company is a shining example of an effective organizational structure. In this analysis, summarized from Arthur Sharplin’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 company’s mottos, long standing traditions and way of communication; afterward, the pay structure, including bonus programs and performanceRead MoreAnalysis Of Lincoln Electric Company Of Cleveland Ohio Usa S Organizational Culture877 Words   |  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 MoreLincoln Electric Company Case Study Study Analysis1026 Words   |  5 PagesLincoln Electric Company Case Study Analysis In this Case Study Analysis, I will identify examples of the types of organizational culture (innovative and stable) that the Lincoln Electric Company has, as well as the benefits and problems the company could experience as a result of these. The idea that stuck out the most about the Lincoln Electric Company is that they obviously have a strong culture that all levels of employees are proud to be a part of. According to Carpenter, Taylor, and ErdoganRead MoreAnalysis On The Lincoln Electric Company Essay948 Words   |  4 PagesANALYSIS ON THE LINCOLN ELECTRIC COMPANY INTRODUCTION The general outlook of The Lincoln Electric Company shows that it was a successful company regardless of the death of James F. Lincoln in 1965. The many college management texts refer to the Lincoln plan as a model of achieving high worker productivity. SUBJECTING THE LINCOLN ELECTRIC COMPANY TO THE ORGANISATIONAL CULTURE ANALYSIS Organizational Culture according to the text book refers to a system of shared assumptions, values, and beliefs thatRead MoreOrganizational Culture Of The Lincoln Electric Company1439 Words   |  6 PagesIntroduction The Lincoln Electric Company is the world’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.) The main focus of this paper is to analyze the organizational culture of this company, by doing so, I will point out the different features, the rules and norms, beliefs and philosophies and the systems implementedRead MoreHrm Lincoln Electric Case1044 Words   |  5 PagesLincoln Electric Case Study Analysis Overview of the Case of Lincoln Electric Lincoln electric established consistent HRM policies to build trust. This has been true since inception. This long history promotes confidence in employees and surety of future reward. Workers average $17,600 per year on standard 32 hour work weeks. They are able to earn about this same amount again in bonuses. This system creates high productivity. Lincoln Electric operates on a system of equality, cooperation, andRead MoreAn Organization s Culture At The Lincoln Electric Company894 Words   |  4 Pagesorganization’s culture may be one of its strongest assets†¦,† (Principles of Management p. 184). Culture at the Lincoln Electric Company exemplifies this statement, and has since 1914. The Lincoln brothers’ attitude towards the employee has helped skyrocket this once small company to the powerhouse that it is today. Examining this outcome oriented company yields a perfect example of how a strong culture can add to the overall bottom line. Outcome Oriented Culture In 1923, the Lincoln Electric Company beganRead MoreAnalysis Of Lincoln Electric s Website878 Words   |  4 Pages117 Years of Excellence; this is the header of the â€Å"Company History† section of Lincoln Electric’s website. I began the analysis at the careers section, looking through a variety of job descriptions and qualifications. The common requirements for management on the site are a Bachelor’s degree (Masters preferred), 5+ years of previous management experience, experience with Lean/Six Sigma tools to create impactful business improvements, proven experience in implementing and/or running an operationRead MoreCase Analysis : Lincoln Electric Company958 Words   |  4 PagesCase Analysis: Lincoln Electric The Lincoln Electric Company is a great example of an organization that has multiple cultures within it. In this week’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 Company’s founders shared a common visionRead MoreCase Analysis : Lincoln Electric Company Harvard Case Study Essay973 Words   |  4 PagesAssignment Unit 3 Case Analysis of The Lincoln Electric Company Harvard Case Study In this case analysis I will be analyzing and summarizing my understanding of the organizational culture of the Lincoln Electric Company, based on key pointers and a Harvard Case Study by Arthur Sharplin. In my analysis I will be using the framework from chapter eight of the textbook â€Å"Principles of Management† by Carpenter, Bauer and Erdogan to discern aspects of the company’s culture. The company is said to have a distinctive

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.