The Lincoln Electric Company Analysis Essay - 980 Words

The Lincoln Electric Company is one with a long-standing history of success and profit, as evidenced in the Case Study conducted by Arthur Sharplin. The success of Lincoln Electric is largely based on the company’s culture. In this case analysis, I will discuss different aspects of the company that provide insight into the types of culture it has. The overall impression, after reading the Case Study, is that Lincoln Electric has a strong culture. In our textbook, Carpenter, Taylor, and Erdogan (2010, p. 197) define a strong culture as â€Å"one that is shared by organizational members†¦ a culture in which most employees in the organization share a consensus regarding the values of the company†. This can be considered the foundation of all the successive subcultures that exist within the company, and it starts at the very beginning with the founders. John C. Lincoln started the company on next-to-nothing after he had been let go from his former venture. Despite being started during an economic recession and suffering a fire after barely one year, John Lincoln moved the company to a new location and grew his workforce, which correlated to higher sales and profits. John’s brother, James F. Lincoln, joined the company and took over as General Manager/Vice President while the company was still in its early stages . The first indicator that the company took on a people-oriented culture is with the creation of the â€Å"Advisory Board†, which served as a means to advise Lincoln of operations –Show MoreRelatedAnalysis 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 MoreAnalysis Of The Lincoln Electric Company1164 Words   |  5 PagesAnalysis of the Lincoln Electric Company Upon review of the Lincoln Electric Company case study conducted by Arthur Sharpish of Harvard University, I came to find that the culture within the company is what elevated Lincoln Electric above all other companies in that field. When analyzing the report I considered many aspects of the company in order to determine what exactly that separates Lincoln from their competition. First, I examined the ongoing influence that has been exerted by the foundersRead MoreAnalysis Of Company Culture Of The Lincoln Electric Company1302 Words   |  6 Pages 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 1895Read 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 MoreThe Lincoln Electric Company Analysis951 Words   |  4 PagesThe Lincoln Electric Company was originally started by an entrepreneur named James Lincoln. Lincoln took out his second patent after his departure from Elliot-Lincoln Company, to begin the manufacturing of his new and improved motor. Taking this step began what is now known as the Lincoln Electric Company that went from employing 30 to over 2,400 employees. Lincoln had a plan that he knew would create a successful company but he could have never dreamed just how successful it would become. LincolnRead MoreThe Lincoln Electric Company Case Analysis1249 Words   |  5 PagesThe Lincoln Electric Company Case Analysis Introduction Lincoln Electric Company is a manufacturing company, which has been focusing on welding products for the recent 30 years. The company had outstanding brothers leading the company to success. John was a technical genius and he brought the best skills in production and James was good at management and he was working on the employees incentives. The company gained its reputation through the world war till present as the welding equipmentRead MoreLincoln 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 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 Of The Lincoln Electric Company Harvard Case Study1006 Words   |  5 PagesAn 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 cultureRead 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