Monday, January 6, 2020
The Lincoln Electric Companys Culture - 1207 Words
Every organization has values and beliefs that define what they do and how they do things in the organization. These values have significant influence on how the employees behaves and the general performance of the organization ââ¬â it is these set of values and beliefs, rooted deep in the companyââ¬â¢s organizational structure that depict the ââ¬Å"dosâ⬠, ââ¬Å"donââ¬â¢tâ⬠and the ââ¬Å"howsâ⬠, of the organization and these unequivocally represents the culture of the organization. This concept became popular in the 1980s when Peters and Waterman in their book: ââ¬Å"In search of Excellenceâ⬠presented the profound argument that, the success of any organization is inextricable linked to the quality of its culture. (Carpenter, M., Taylor, B., Erdogan, B. 2009 p183). The purpose of this paper is an attempt to analyse the impact diverse cultures played in the success of the Lincoln Electric Company. Lincoln Electric Companyââ¬â¢s Culture ââ¬Å"The Lincoln Electric Company is the worldââ¬â¢s largest manufacturer of welding machines and electrodesâ⬠(Sharplin A., 1989). Since its incipient in the 17th century, the company has survived diverse challenges, and the key towards their success can be vividly linked to various sets of values and beliefs the founders and employees infused into the companyââ¬â¢s system of operation - the culture and ethos that governs the workplaceââ¬â¢s operational habits of the employees. Evidently, as a result of this, the company is considered as one of the best managed manufacturing companies in theShow MoreRelatedThe Lincoln Electric Companys Culture1123 Words à |à 5 Pages In 1989, Arthur Sharplin produced a case study, Sharplin (1989), outlining the organizational structure and culture of the Lincoln Electric Company. This report will be focused on analyzing Sharplinââ¬â¢s case study to discern aspects of the Lincoln Electric Companyââ¬â¢s culture. First, we will discuss John James Lincoln and their influence on the development of the culture of the company. We will discuss the ir Christian influence, and how applying the golden rule of doing to others as you would haveRead MoreThe Lincoln Electric Company Culture969 Words à |à 4 PagesThe Lincoln Electric Company Culture The Lincoln Electric Company is a welding company that has been around since the late 1800ââ¬â¢s. Not only are they known for their prospering business, but they also are known for their management plan. A companyââ¬â¢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 MoreOrganizational Culture at Lincoln Electric686 Words à |à 3 Pagesmultimedia financial company named Lincoln Electric to be the eight best companies in America. It is a phenomenal achievement to maintain the companyââ¬â¢s ranking for several years. This implies that the organizational structure and culture should play a tremendous role in the Companyââ¬â¢s continuous success and progress. This essay assess the assess the culture and different trends followed at Lincoln Electric Organizational Culture: Business dictionary defines Organizational Culture as the ââ¬Ëvalues and behaviorsRead MoreLincoln Electric Company Case Study Essay823 Words à |à 4 PagesLincoln Electric Company Harvard Case Study by Arthur Sharplin is an eye-opening exposition on the inner workings of such a successful organization. Many times, when the general public hears of a successful company, they normally focus on the product, the impact on society and the numbers. But to have an insight on how a company reached its current level of success explicates what it takes to maintain a high level of consistency. Although I understand that the policies and plans that are implementedRead MoreLincoln Electric Company Case Study Study Analysis1026 Words à |à 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 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 MoreThe Legacy Of Lincoln Electric Company1222 Words à |à 5 PagesLeonidas, leads his army to face the approaching Persian hordes. Spartan culture accentuated strength, discipline, and putting the needs of the many above self. Spartans were feared far and wide for their battle prowess and relentless commitment to mastering the art of warfare. Lincoln Electric, shares many of the qualities that made Sparta great. It is a company with a focus on mastery, frugality, industriousness, and a culture that aligns everyone towards domination of an industry that they have heldRead MoreThe Legacy Of The Lincoln Electric Company1479 Words à |à 6 PagesThe Lincoln Electric Company is a company with a very strong culture that dates back to when it was first started in 1895 by John C. Lincoln. When their doors opened, all John had was $200 and some really big dreams. The company stayed relatively small for a little over a decade, until 1906, when John moved the company to a much larger building that was located in East Cleveland. He also hired some more employees, rounding out their employee count to 30. The Lincoln Company is one that many otherRead 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 MoreCompany Culture : Lincoln Electric Company917 Words à |à 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. ââ¬Å"The factors that are most important in the creation of an organizationââ¬â¢s culture include
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