Lincoln Electric Company Essay - 1024 Words

The written assignment of this week is going to focus on a very well known and well organized 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 the company. Lincoln Electric Company 3 Write a three page case analysis that summarizes your understanding of the culture of the Lincoln Electric Company. Being successful in life has ever been an†¦show more content†¦192). That definition leads me to think that an organization running without having the organizational culture will sooner or later fail. Because, that is the culture that tells people what to do and what not to do; without it, everybody will work according to their minds and do what sound right for them. Lincoln Electric Company 4 Though, in reading the Lincoln Electric Company Harvard Case Study by Arthur Sharplin, add up to what I learned from chapter eight this week, I can realize the that the organizational culture is the cornerstone for the growth of any organization. The success of Lincoln Electric Company is due to the environment that is previously established by the Lincoln’s family. If we look at in the introductory of the Harvard case study, Arthur Sharplin states that â€Å"The Lincoln incentive management plan has been well known for many years. Many college management texts refer to the Lincoln plan as a model for achieving high worker productivity.† (pp. 1). This is to say that they have already set some policies to make the company what it has always been since its creation. We can also see from the time Lincoln took out his second patent and began to manufacture his improved motor. The company never stops growing in 1906; John C. Lincoln incorporated his company and moved from his one-room, fourth-floor factory to a new three-story buildingShow MoreRelatedThe Legacy Of Lincoln Electric Company Essay985 Words   |  4 PagesFrom a company started with 1895 with only $200 (roughly $6,000 in 2016 with inflation) and a dream, Lincoln Electric company has grown exponentially over the past 121 years. John C. Lincoln, disenfranchised with his lack of involvement with the Elliot-Lincoln company he was formerly with, set out to develop and manufacture a new patented form of electric motors. Lincoln Electric company, officially incorporated in 1906 by John C. Lincoln, was created as an engine manufacturer. 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