The Culture of the Lincoln Electric Company - 656 Words

The Founders’ Legacy The founders of the Lincoln Electric Company left a legacy of an organization culture that promotes high productivity through sound management policies which have stood the test of time. The exponential growth of the company after the death of James F. Lincoln was a direct result of the establishment of a rich culture mix based on values that were widely shared and accepted by the members of the organization. Management empowered employees to become part of the decision making process through the contribution of ideas through the Advisory Board which was elected by the employees from amongst themselves. Reward management systems and all the other artifacts of the Lincoln Electric’s distinguished strong organizational culture will be analyzed in greater detail in this essay. 2. Strength of Culture Lincoln Electric Company has a very strong culture based on shared assumptions values and beliefs. This is evidenced by the attitudes of both the company management and employees towards the organization. The unchanged policies, practices and products point towards a very strong corporate culture. High employee performance and productivity over the many years of the company’s existence is also another indicator of a strong culture. 3. The Incentive Management Plan The company’s people-driven values and assumptions about employees are that productivity and employee performance are the means the means to achieve customer satisfaction. It isShow MoreRelatedThe Lincoln Electric Company Culture969 Words   |  4 PagesThe Lincoln Electric Company Culture The Lincoln Electric Company is a welding company that has been around since the late 1800’s. Not only are they known for their prospering business, but they also are known for their management plan. A company’s culture has so much to do with their success, and The Lincoln Electric Company is definitely a business to look up to in that regard. They are a company that succeeds through their sturdy history, their incentive plan for their employees, their managementRead MoreThe Culture At Lincoln Electric Company1120 Words   |  5 PagesThe culture at the Lincoln Electric Company would be described as a strong one. A company culture can be strong or weak influence on the employees of a work place. A company culture can also be a positive or a negative aspect to a company’s bottom line. For example: it would be possible for a company to have a weak culture in management, but lucky with employees who are hardworking and need little direction. This is not the case at Lincoln Electric but I used it as an illustration. In the eyes ofRead MoreCulture Of The Lincoln Electric Company1174 Words   |  5 PagesWritten Assignment Unit 3 Culture of the Lincoln Electric Company The company culture of Lincoln Electric is one of teamwork, support and innovation. After reading and reviewing the case study done on Lincoln Electric by Arthur Sharplin of McNeese State University, I have come away with a better understanding of how the company has become the role model for management world-wide. Many different programs have been incorporated into the company that insures morale and productivity levels remain highRead MoreThe Lincoln Electric Company Culture879 Words   |  4 PagesThe Lincoln Electric Company Culture The Lincoln Electric Company is indeed a success story. It remains the world’s leading welding machines and electrode manufacturer. Notably, estimates indicate that the company may be controlling about 40% of arc welding equipment market. It has two factories in US and 3 more factories abroad with a combined workforce about 3000 excluding field sales staff. However, the immense success the company has registered in its operations is tied to its long-standing managementRead MoreCompany Culture : Lincoln Electric Company917 Words   |  4 PagesCompany culture can have a major impact on an organisations success. This culture is known as organisational culture which is defined as a system of shared assumptions, value and beliefs that show people what is appropriate or inappropriate behaviour (Carpenter, Taylor, Erdogan, 2009). These shared assumptions, values and beliefs strongly influence how well employees behave and how well a company will perform. â€Å"The factors that ar e most important in the creation of an organization’s culture includeRead MoreThe Organizational Culture Of The Lincoln Electric Company1035 Words   |  5 Pagesthe story of Lincoln Electric Company I’ve come to the Conclusion that their organizational culture they practicing is People-oriented culture. Because the company values fairness, supportiveness and they respect individual rights. There is a greater emphasis on expectation of treating people with respect and dignity. All the founders of the company had a great deal of continues influence on the positioning of the company today, form John C. Lincoln to James F. Lincoln. John C. Lincoln started itRead MoreOrganizational Culture Of The Lincoln Electric Company1107 Words   |  5 PagesThe Culture of a Company, or the Organizational Culture like it is mentioned in Principles of Management, has gotten a new dimension for me in terms of importance to assure the success of a company. This Organizational Culture is based on a series of values that are defined and established by the founder of a company for instance, which has a deep relation with his ethics and moral values. Therefore, the first factor to outline would be what the culture of a company shows, that can describe alreadyRead MoreAnalysis Of Company Culture Of The Lincoln Electric Company1302 Words   |  6 PagesAnalysis 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, builtRead MoreLincoln Electric Company s Culture1291 Words   |  6 PagesThe Lincoln Electric Company s culture is a wonderful example of how to create an exceptional culture within your business. Lincoln Electric has been a leading manufacturer in welding machines and electrodes for over 100 years. During this impressive tenure, the Lincoln Electric Company has adhered to its founders’ philosophy that the customer always comes first, the employee always comes second, and stockholders come third. This philosophy is upheld throughout the entire organization, fromRead 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 implemented