Analysis Of The Lincoln Electric Company Harvard Case Study

An Analysis of the Lincoln Electric Company Harvard Case Study by Arthur Sharplin By: Lauren N. Ingram The Lincoln Electric Company was a legacy company from which the families personal values were incorporated in the beginning and continue to be the fundamental beliefs compromising the company s culture. By creating and implementing a culture of service, respect, and loyalty, the Lincoln Electric Company has become an institutional leader in American business standards. Lincoln s culture cannot be summarized by a single dimension of cultural analytics because of its multifaceted culture that is innovative, outcome-oriented, people-oriented, and team-oriented The founder, James F. Lincoln used his Christian upbringing as the basis for his vision of how he defined entrepreneurial success. The customers needs are first priority, the employee second, and the stockholders are last. Quality and cost efficiency are the two most important factors considered in their product engineering and manufacturing. The hierarchy is stringent, however, the culture of the com pany is greatly people-oriented. This company has a strong culture that is instilled in new employees from the beginning and continuously practiced by every member of every facet in the organizational structure. To understand the morals of the founder, one must understand the basic fundamentals of the Christian faith. Christians believe that the teachings of Christ, as found in the New Testament of the KingShow MoreRelatedCase 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 aRead MoreLincoln Electric Company Essay1024 Words   |  5 Pagesorganized company. The Lincoln Electronic Company is the world largest manufacturer welding machine and electrodes. 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 company’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 th e company. 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