The Legacy Of Lincoln Electric

The Legacy Of Lincoln Electric
LINCOLN ELECTRIC
Lincoln Electric is an American multinational and a leading global manufacturer of welding
products, arc welding equipment, welding consumables, plasma and oxy–fuel cutting equipment and
robotic welding systems.
Headquartered in Cleveland, Ohio, Lincoln Electric has more than 40 manufacturing locations,
including operations and joint ventures in 20 countries and a worldwide network of distributors and
sales offices covering more than 160 countries.
117 Years of Excellence
Lincoln Electric's Tradition of innovative solutions, technological leadership and commitment to
customers, employees, and shareholders stems from the vision of its founder, John C. Lincoln and
his brother, James F. Lincoln
TIMELINE
ESTABLISH 1895–1969
* 1895–John C. Lincoln founded the LEC.
* 1900–1919 – James F. Lincoln joined the company and implemented the "piece–work system". *
1920–1939 – Lincoln Electric introduced the Fleetweld® 5 coated electrode, * Lincoln Electric
employees earned paid vacations, among the first in the nation * 1940 – 1949 – World War II
brought a dramatic expansion of Lincoln Electric 's business * 1950 – 1969– James F. Lincoln
continued to enhance Incentive Management promote "formal merit rating
CRUCIAL 1970–1993
George E. Willis was named chairman and Donald F. Hastings became president. Mr. Willis pursued
an energetic course of foreign expansion; eventually, Lincoln Electric obtained a controlling interest
in manufacturing operations located in 16
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Essay On Lincoln Electric
Lincoln Electric Group
International Expansion to India
1.0 Introduction
Brief overview of Lincoln Electric
The company, Lincoln Electric was created way back in the year 1895 by Mr John C. Lincoln, with
the production of manufactured goods being its centre activity. For many decades, the firm has been
a top leader, in the production of arc–welding goods the world over. By the time World War II come
to an end, over fifty producers of arc–welding goods were present in the United States of America,
but presently, roughly only six major manufacturers still exit. The Huge majority, that include huge
top firms such as General Electric and Westinghouse, pulled out of this from of manufacturing
mainly, due to the fact that Lincoln, sold high–value, top–quality products at lower rates that came
with outstanding customer service.
Strategic position of Lincoln Electric
The company Lincoln Electric, happens today, to be the global leader in the ... Show more content
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Willis, had a goal of making Lincoln a top global power, so under his leadership Lincoln,
immediately, bought Harris Calorific, a manufacturer of oxyfuel cutting equipment with plants in
Italy plus the United Kingdom. This was happening at a time, when, Lincoln, had a sharp wake–up
call, in the market when ESAB, a top global manufacturer of arc–welding products out of Sweden,
had suddenly, bought 2 medium size producers in the United States of America. The ESAB firm,
which was also with operations in the Far East and Latin America, obviously had big international
goals. This produced fierce, completion for Lincoln, right in their backyard by ESAB that would use
its non–U.S. profits to gain huge market share. But since ESAB's, completion with Lincoln in
America was restricted, as ESAB could not purchase, domestic competitors directly due to, antitrust
laws. Lincoln Electric decided to take the completion with ESAB to markets in Europe and Latin
America. Where the response would have to be quick and

Lincoln Electric Essay
The Lincoln Electric Company
Headquartered in Euclid, Ohio, a suburb of Cleveland, The Lincoln Electric Company is a world
leader in welding and cutting products, as well as a premier manufacturer of electric motors. The
company is well known for its dedicated, talented workforce and its superior technology. Lincoln
Electric Company gives its customers total solutions along with a commitment to quality. Lincoln
Electric Company is also well known for its incentive management system. Many companies strive
to duplicate the success that Lincoln has enjoyed over the years.
John C. Lincoln founded Lincoln Electric Company in 1895 with a capital investment of $200. At
first he only ... Show more content on Helpwriting.net ...
Why were Lincoln employees willing to work overtime during an August vacation time in 1994?
The following benefits are some of the main reasons why Lincoln employees will do almost
anything to help its employer:
&#61623; an employee stock purchase plan
&#61623; company–paid life insurance
&#61623; piece rates adjusted for inflation
&#61623; a pension plan
&#61623; promotion from within
&#61623; a practice of lifetime employment
&#61623; paid vacations
Since its inception in 1895, Lincoln Electric Company was privately owned. This allowed for the
protection of the processes that has kept Lincoln in the lead. However, after two years of losses in
1992 and 1993 due to a harsh foreign market, Lincoln Electric Company had to go public.
With multi–million dollar, domestic updates and acquisitions in such countries as Italy, China, and
Indonesia, Lincoln Electric Company wasted no time by dwelling on its first losses in
Lincoln&#8217;s history. Lincoln is back on track as the world leader in arc welding, after
faltering for only two years. Lincoln is committed to providing substantial value to all of its
stakeholders.
SWOT ANALYSIS
STRENGTHS
&#61623; Very satisfied, dedicated and talented employees

&#61623; Worldwide manufacturing
&#61623; Superior technology
&#61623; Commitment to quality
&#61623; Incentive performance system
&#61623;

Lincoln Electric Company Case Study Study Analysis
Lincoln 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 Erdogan (2010), "culture is a more powerful way of controlling and managing employee
behaviors than organizational rules and regulations" (pg. 193, para. 2). The Lincoln Electric
Company encompasses facets of multiple types of cultures instead of adhering to only one. The
ways in which the Lincoln Electric Company identifies with an innovative culture are most
prominently explained by the following facets: not having a traditional hierarchy, and utilizing an
open–door policy when it comes to problem resolution. As explained in the Organization Structure
section of the Case Study, "personnel are encouraged to take problems to the persons most capable
of resolving them [open door policy]" (Sharplin, 1989, pg. 7, para. 1). In the same section, Sharplin
also mentions that, "Lincoln has never had a formal organization chart... [but] position titles and
traditional flows of authority do imply something of an organizational structure... [thus determining]
that production workers have two or, at

Essay on Lincoln Electric Case Study
Lincoln Electric
Case Study
Table of Contents
Introduction................................................................................3
Vision, Mission and Value statement..................................................3
Attitude towards Customer..............................................................3
Attitude towards Stockholders...........................................................4
Attitude towards Unionism..............................................................4
Beliefs and Assumptions about Employees............................................4
Management incentive and Employee Bonus Plans...................................4
Human Resources Practices..............................................................5
Strategic Issues............................................................................7
Reference...................................................................................................,,,,......9
Lincoln Electric
The Lincoln Electric was founded in 1895, and is the world leader in the design, ... Show more
content on Helpwriting.net ...
An example is promoting employee involvement in cost reductions and quality improvements.
Human Resource Practices Recruitment and Selection Every job opening is advertised internally on
company bulletin boards and any employee can apply for any job so advertised. External hiring is
permitted only for entry–level positions. Selection for these jobs is done on the basis of personal
interviews––there is no aptitude or psychological testing. A committee consisting of vice presidents
and supervisors interviews candidates initially cleared by the Personnel Department. Final selection
is made by the supervisor who has a job opening. Job Security Lincoln not only earned profits, but
no employee was laid off and year–end incentive bonuses continued. To weather the storm,
management cut most of the nonsalaried workers back to 30 hours a week for varying periods of
time. Many employees were reassigned, and the total workforce was slightly reduced through
normal attrition and restricted hiring. Performance Evaluations Each supervisor formally evaluates
subordinates twice a year using the cards. The employee performance criteria, "quality,"
"dependability," "ideas and cooperation," and "output" are considered to be independent of each
other. Suggestions for improvements

Lincoln Electric Venturing Abroad Essay
Lincoln Electric Executive Summary Michael Gillespie, The Lincoln Electric Company's new
president for the Asia Region, was "encouraged to develop plans to open welding consumables
factories in several Asian countries" by the new CEO, Anthony Massaro, and Gillespie had
specifically "turned his attention to plans for Indonesia [O'Connell,[1] main reference, p 1]." We
worked with Gillespie to prepare for the September 1996 meeting with Massaro and the presidents
of the other worldwide regions. We analyzed Lincoln's current capabilities and its past experiences
and prepared a transformative plan based on business concept innovation [Hamel[2], ch 3],
documented by this report, with a three pronged approach for the Asia Region. The first ... Show
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2. Lincoln needed continued organizational development just as Lincoln's equipment needed
continued maintenance to remain viable. James Lincoln was a principled visionary and an
organizational development innovator[d]. However, he did not prepare successors for assuming the
critical role that continued organizational development. Neither of his successors, first William
Irrgang and later Georges Willis, had contributed anything of note in developing the organization to
meet Lincoln's changing environmental demands. In particular, during Willis's tenure, Lincoln did
not even practice organizational maintenance: "By 1992, nearly all of the newly acquired plants,
plus France, were operating in the red [and corporate executives] paid little attention [p 7]."Lincoln
needed to develop the Asian organization and to develop the entirety ofLincoln as a wholly
integrated organization in order to meet the demands of its expansion effort. 3. Lincoln's culture
could not be imposed but must be nurtured. "Willis retained the existing managers of most of the
acquired companies to take advantage of their local knowledge, but directed them to implement
[underlined by author]Lincoln's incentive and manufacturing systems [p 6]." While Willis
appreciated the benefits of implementing Lincoln's systems, he did not consider James Lincoln's
caveat that "All those involved must be satisfied that they are properly recognized or they will not
cooperate – and

Toastmaster Research Paper
Toastmasters International is a non–profit organization that helps members learn new skills that
improve their communication, public speaking, and leadership skills. Back in 1903, during Ralph C
Smedly's time at the YMCA in Bloomington, IL, he saw a need for social clubs that concentrated on
public speaking and communications skills. This would help communities work together when
conducting meetings or planning programs. Many people responded positively and he named the
club "toastmasters" after the designated person who usually gives speeches or toasts at special
occasions. The first 'unofficial' meeting was on March 24, 1905, where Smedley and the other more
experienced gentlemen would evaluate the skills of the younger men from the community. However,
after a time Smedley was invited to work in the newly organized YMCA in Santa Ana, California in
1922. Due to this, the club began to extinguish in Bloomington, but Smedly held onto his idea and
introduced it in Santa Ana. Their first meeting was on October 22, 1924. It did not take long before
nearby communities and even other states were wanting to implement their own version of the club.
... Show more content on Helpwriting.net ...
Due to this expansion out of the United States, they changed the name to Toastmasters
'International'. It became a non–profit organization in 1932 and thanks to Smedley the club was kept
alive through World War II. After the war ended, Ted Blanding replaced Smedley and remained an
active director for the rest of his life. Toastmasters International simply rented a few office spaces
until 1962, which is when they moved into their first headquarters near the YMCA in Santa Ana.
Although originally formed as a male–only organization, Toastmaster started accepting women into
their club in the 1970s and by 1985, Helen Blanchard became their first female

Organizational Strategy Of Lincoln Electric
Lincoln Electric is one of the leading producers and manufacturers of Arc Welding Products and
Electric Motors. It is undeniable that the success of Lincoln Electric lies on the foundation of the
various company policies introduced by James Lincoln.
Organizational Strategy
Lincoln Electric had a unique organizational strategy with numerous creative ideas. First, to keep
and better motivate its employees, the company implemented a special incentives system which
effectively distributed profits inside the firm. These incentive "were expressions of mutual respect
for each person's importance to the job to be done" (Lincoln, 1961, p. 11).
Then, the annual bonus element was also very important since the employees were awarded in
accordance with ... Show more content on Helpwriting.net ...
The company passion for development has motivated it to apply the various advancement in
technology to create complete solutions that enable their clients to be more productive and
successful. Lincoln Electric is in business to satisfy its customers because the customers enable the
organization to attain it goals. The company understands that the consumers are essential for the
growth of any business hence, they are the source which the accomplishment of the corporation rests

The Legacy Of The Lincoln Electric Company
The Lincoln electric company founded by John C. Lincoln is known as the world's largest
manufacturer of welding machinery and electrodes. The Lincoln electric company, is one of the
influential and leading manufacturers of welding machines and electrodes as compared to other
companies located around the globe that are known for the manufacturing of welding machines and
electrodes. This company has several outlets in different countries that also engage in the same
production of the electrodes and the machinery.
The Golden rule of the company is that
"The actual is limited, the possible is
Immense, stating the positive impact the company have before, in and after production with the
immense collaboration between the top management and their subordinates.
The incentive management plan of the company is one of the important aspects in the management
of a company in general. It will be noted that an organization's culture may be one of its strongest
assets or its biggest liability. A well–structured incentive management plan for a company can
indirectly increase production. Even as a disorganized incentive management plans of an
organization may also affect production negatively. In the Lincoln electric company incentive
management plans is an outcome oriented culture, since its stated in their case study that if you can
produce more you will be paid more, disregarding the amount of years you have spent in the
company. Lincoln electric company reward

The Lincoln Electric Company: The Culture Of The Lincoln...
The Lincoln Electric Company was founded in 1895 by John C. Lincoln. The initial investment to
get the company off of the ground was $200, and it was not until a few years later in 1907 that they
manufactured their first welding equipment. One of the first things that stands out in reading the
article as it relates to continuing influence on the company is that James Lincoln asked employees to
help him with company operations and formed a committee that met two times a month. This
committee helped in getting the number of hours worked each week reduced from 55 working hours
to 50 working hours. Seeing the need to continue to make the workplace a desirable one, the
company decided to provide a fully paid life insurance policy as well as starting a welding school.
The founders continued to have influence on the company by continuing to make it a great place to
work. The developed vacation plans and workplace benefits to keep morale high and retain quality
workers. They even created a pension plan and a system that allowed the promotions to occur from
within. Founders remained engaged in seeing the company prosper and never lost ... Show more
They strive to push their employees to be the best they can be. Tying bonuses to productivity makes
everyone strive to be the best they can. By not having an organized union, employees can help out
wherever needed, as opposed to a union that limits the job someone can do based on their
classification. After reading the interviews conducted with employees, they all seem to have positive
things to say about the company. None wish to leave and they know they are compensated very well
for their work compared to other companies doing the same job. I believe their culture is based
primarily around compensation, but it's the type of performance based culture that makes people
want to work harder because their production does not go

Essay on The Process of Gas Metal Arc Welding
Gas metal arc welding, or most commonly referred to as MIG welding is a very common and
sometimes preferred method of welding. Gas metal arc is personally one of the easiest and
controllable welding types there is. Gas metal arc welding was originally made for weld materials
such as aluminum, copper, brass, tin and lead. It was also used on steels, but shielding gases were
highly expensive in the early 1900s limiting GMAW's use on steel. It wasn't till the mid 1900's for
GMAW to really take off. There were many different variations of arc–length, electrode size, and
power supply units. Since the MIG welder is so versatile, there are many different types of things to
make this piece of equipment.
Welding Gun
The MIG welder is ... Show more content on Helpwriting.net ...
Most power supplies also have a chart inside of them to set voltage and wire feed depending on
material thickness and electrode size.
Electrode and Shielding Gas Your electrode and both shielding gas can vary for different materials
and highly are affected by material thickness. The electrode is there to make contact to the wielding
surface and should have similar or same compositions as the metal being welded to. Your shielding
gas makes a big difference when welding to, especially with aluminum and other non–ferrous
metals. Shielding gases are used because most GMAW welding electrodes don't have a flux; the gas
is used to protect the weld. It is best to use pure inert gases such as helium and argon for non–
ferrous metals because of its cleaner and less oxidizing properties. Carbon dioxide is most
commonly used for steel or an inert and carbon dioxide gas mixture. The carbon dioxide supplies
deeper penetration needed for welding steel, but can sometimes cause an oxidation. Oxygen is even
a shielding gas but can cause your material to brittle and can cause porosity in your weld. Another
big part of GMAW and any welding operation is safety!
Safety
Safety when welding is very important and should be considered the most important thing to take in
consideration. You should always wear a very burn resistant glove; leather is commonly used by
most. Next is a wear non–tattered or protective clothing just in case some

Significance Of The Lincoln Electric Company
In the Harvard case study from 1985, Arthur Sharplin gives us a great overview about the history
and governance of the Lincoln Electric Company. The company was founded by John C. Lincoln at
the beginning of the 20th century and he was later joined by his brother James F. Lincoln (Sharplin,
1985, p. 1). We can already see that John C. Lincoln had a strong desire for his company to succeed
because he continually looked at how he could improve the company. This is shown in his opinion
that worker input is important (Sharplin, 1985, p. 2). In the book, Principles of Management,
Carpenter, Taylor, Erdogan (2009, p. 187 – 189), introduce us to a variety of profiles of
Organizational cultures. The first impression from reading the early history of the company from the
Harvard Study could be that the Lincoln Electric Company is an "aggressive" company, however, a
person would err in their conclusion. The Company actually is "outcome" oriented. What does that
mean? It means that a company, in this case the Lincoln Electric Company, has a culture that is
geared towards accomplishing goals (Carpenter, Taylor, Erdogan, 2009. p. 188), this is due to the
people that first ran the company John and James Lincoln. ... Show more content on Helpwriting.net
...
One of the first incentives to work for the company where reduced work hours and health benefits
(Sharplin, 1985, p. 2). This was then followed by a system that would allow workers to get a bonus
based on the rate of completion, and then a pension plan that was introduced towards the end of the
second World War (Sharplin, 1985, p. 2). This brings to light that the company was interested in
hearing from their workers as some of these incentives came to be due to the feedback from the
workers (Sharplin, 1985, p. 2). Each employee was evaluated on a regular basis and there was a
clear and easy to understand system in place that each worker could follow (Sharplin, 1985, p.

The Legacy Of The Lincoln Electric Company
The Lincoln Electric Company, located near Cleveland, Ohio, USA, is one of the world's
largest welding machines and electrodes manufacturers. It is a company with a distinctive
organization culture and not only is it one of the world's largest, but also is considered to be one
of the best managed manufacturing companies in the world. By taking a closer look at the
ongoing influence of the founders of the company, the golden rule, the incentive management
plan, the performance appraisal system, the way people communicate within the company, the
merit pay plan, the bonus plan, and the management style it is clear to see that the Lincoln
Electric Company is indeed a very well–run organization due to its unique and diacritical ... Show
Also, a welding school was started in 1917, and continues to provide
educational services to today. Furthermore, an employees' association was formed in 1919 in
order to provide health benefits and social activities to employees. This association is still active
today and has accounted for several functions over the years and will continue to do so.
The Lincoln Electric Company was founded based on Christian principles and James
Lincoln believed that every action be motivated by Christian ethics. Although, James Lincoln
held such strong Christian beliefs, there is no evidence that he tried to preach the Christian
gospel to his employees, customers, or even the public. Even today, in recent interviews, the
current senior executives do not talk about the Christian gospel message. The motto of the
company is, "The actual is limited, the possible is immense", which actually has nothing to do

with Christian beliefs. The company motto is very fitting and correlates well with the
organizational culture of the company. The Lincoln Electric Company believes heavily on
incentives and production based compensation, therefore, adding to its belief that the possible is
indeed immense. Adding to this, even advancement in the company is based more on merit and
production than the amount of time that one has been at the company. In an interview conducted
with Ed Sanderson, one of the company's employees, Ed says that,

Culture Of The Lincoln Electric Company
Written 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 high. Among these include end of year bonuses, good merit rewards, and
great benefits, all of which we go into detail later on.
How this culture came to be in the Lincoln Company begins with the founder's values and
principles. When James Lincoln ... Show more content on Helpwriting.net ...
If it did control our acts, the savings in cost of distribution would be tremendous. Advertising would
be a contact of the expert consultant with the customer, in order to give the customer the best
product available when all of the customer 's needs are considered. Competition then would be in
improving the quality of products and increasing efficiency in producing and distributing them; not
in deception, as is now too customary. Pricing would reflect efficiency of production; it would not
be selling a dodge that the customer may well be sorry he accepted. It would be proper for all
concerned and rewarding for the ability used in producing the product." (Lincoln, 1961)
It is said that early company values exert influence over future company values. This is true in the
case of Lincoln electric. As stated earlier, many programs have been incorporated into the business
to aid employees. The first year the advisory board was put into place, the work week went from 55
to 50 hours. In 1915, the company gave each employee a life insurance policy. In 1917, a welding
school was created which still continues today. In 1918, a bonus plan was put into action on trial
basis. It was removed and then reinserted later and became a strong point of Lincoln's management
system. In 1919, Lincoln created the "Employee Assocation" to provide health benefits and social
activities for employees. By 1923, employees were given two weeks paid vacation

The Legacy Of The Lincoln Electric Company Essay
The Lincoln Electric Company is the largest manufacturer of welding equipment in the world. John
C. Lincoln founded the company in 1895 and incorporated it in 1906 where he moved it "from his
one–room, fourth–floor factory to a new three–story building he erected in East Cleveland."
(Sharplin, 1989, A Historical Sketch pp. 1.). In 1907 John's younger brother joined the company and
in 1914 became the general manager and vice–president. It is here where the company began to
define its culture with James instituting an employee elected advisory board who would be tasked
with keeping James apprised on the operation of the company. This committee was also to be the
voice of the employees to the executive team, a practice that is still performed today with twice–
monthly meetings. The incentive programs set forth in these early years have laid the groundwork
for sustaining high production levels while engaging employees in the feeling of pride and
ownership of their and the company's success. Many of the original incentive programs have
changed little over the years and they continue to influence Lincoln Electric today.
The incentive management plan within Lincoln Electric began its journey in 1914 with the
formation of the advisory board. The first change made reduced the weekly working hours from 55
to 50. One year later, they gave every employee a fully paid life insurance policy, welding school in
1917 and a bonus plan in 1918. Of these three the bonus plan was,

Analysis Of Lincoln Electric Company Of Cleveland Ohio Usa...
Lincoln Electric Company of Cleveland Ohio USA`s organizational Culture is exceptional and has
earned it the acolade of being the best managed manufacturing company in the whole world. I will
explore and attempt to identify culture aspects of Lincoln Electric from several issues such as; the
continuing influence of founders of the company, the golden rule, the incentive management
plan,the performance appraisal system, how people communicate in the organization, the merit pay
plan, the bonus plan, and the management style.
Normally Founders instill the culture they want right from the beginning of their organizations. That
is exactly what John C Lincoln did when he established his company Lincoln Electric in 1895. He
stablished a culture of innovation and even left administrative burdens of the company to a brother,
James Lincoln, so he could focus on innovation. This streak has continued to date where Lincoln is
not afraid to experiment with new ideas .e.g. the cost saving feature of welding electrodes for
construction and equipment manufacturing. The electrode process at Lincoln remains a secretive
affair which won`t be divulged to outsiders.
According to the OCP framework on organizational culture innovative cultures are not fussy about
titles and flat in their structure that is they are less bureaucratic. This is the outlook at Lincoln where
even the President `s office in the plant is not even carpeted and the company has not had an
organizational chart for quite a

Case Study : Lincoln Electric Company
The purpose of this paper is to talk about Lincoln Electric Company. The first point of the paper is
to look at the continuing influence of the founders of the company. The second point is to look at the
golden rule, the incentive management plan, the performance appraisal system, the way people
communicate in the company, the merit pay plan, the bonus plan, and the management style. By
analyzing these features the end result will be that there is an understanding of the culture of the
company.
Lincoln Electric Company is a company who makes electric arc welders. These welders are known
worldwide by a lot of businesses who use them, they are the leader in welders and welding supplies.
In 1906, John C. Lincoln started the company. Later on his brother, James came on and became the
General Manager for the company as John had moved on to other business ventures.
First, the continuing influences of the founders are strong to this day even after the death of the
founder of the company. The leader assumption belief had a major influence on the company that
employees worried they would lose their job and bonuses at the end of the year. According to the
article, the original founder preferred being an engineer and an inventor rather than a manager. This
innovative concept allowed for the company to sustain because the company as a whole is always
changing and adapting. Additionally, what saved this company was employees having the ability to
elect

Lincoln Electric Culture Case Analysis
Lincoln Electric Culture Case analysis.
One of the world 's biggest maker of welding machine and electrodes is the Lincoln Electric
company. Since 1965, has seen the higher net income and incentives. Employees turnover is
nonexistent except for retirement and Lincoln 's organization culture supported on closeness, trust,
percentage control and classless tone is one of the reason why its so prosperous. History and
influence of ownership
In 1895, John C. Lincoln took out his second patent and began to fabricate his improved motor.
Establishing his new business with two hundred dollars he had earned designing a motor. John
Lincoln rather than being a manager preferred being an engineer and inventor. That 's why in 1907,
he give the General ... Show more content on Helpwriting.net ...
Lincoln claims levels of productivity more than double then the other manufacturers from 1945
onward.
The golden rule
James F. Lincoln was the son of a minister and Christian values were at the middle of his
philosophy. However, nothing pointed that he attempted to evangelize his workers, customers or the
public. His slogan was ' 'the actual is limited, the possible in immense ' ', which didn't display any
religious beliefs. He also had different views on customers, stockholders and union members. He
believe that customers interest should be the top priority and that stockholders should be the last
priority which is still the philosophy til today. He also Excused mistreatment of union power as and
believe that there must be absolute honesty and understanding between the hourly worker and
management if high efficiency is to be acquired.
The incentive management plan
It is a sort of complex scheme of management with an incentive program that has taken the
company a lengthy time to evolve to the point that new employees will trust it. It has four central
elements the open door policy, the merit–based bonuses, the use of piecework and the believable
promise of guaranteed employment. The four policy elements strongly strengthen each other out on
the factory floor.
Open door policy
The open door policy consist of representatives elected from various

What Is The Lincoln Electric Code Of Ethics
The Lincoln Electric Company has been built on clear and solid ethical principles. The reason for its
centenarian success can be found in the fact that the ethic culture of respect and customer orientation
fostered by its founder has remained unchanged. James F. Lincoln had a strong Christian
background that guided his culture and vision. As he wrote, "The Christian ethic should control our
acts. If it did control our acts, the savings in cost of distribution would be tremendous. Advertising
would be a contact of the expert consultant with the customer, in order to give the customer the best
product available when all of the customer 's needs are considered. Competition then would be in
improving the quality of products and increasing efficiency in producing and distributing them; not
in deception, as is now too customary. Pricing would reflect efficiency of production; it would not
be selling a dodge that the customer may well be sorry he accepted. It would be proper for all
concerned and rewarding for the ability used in producing the product" (Lincoln J. F., 1961. p. 64).
The culture of the Lincoln's brothers was centered on satisfying the customer's needs. Their efforts
were not devoted to increasing profits rather to a constant search for cheaper and more effective
products that would improve customer's satisfaction. For the Lincolns customers represented the
reason for the company's existence. He made sure that this philosophy permeated the company until
the very last

Comparing Qualities And Charecteristics They Share With...
Enright, Cord, and Lansing are hardworking businessmen. I think characteristics they share with
Heller are being independent and thorough. Lansing means that you have to have connections and
be honest in order to be successful. Enright, Cord, and Lansing are hardworking businessmen. I
think characteristics they share with Heller are being independent and thorough. Lansing means that
you have to have connections and be honest in order to be successful. Enright, Cord, and Lansing
are hardworking businessmen. I think characteristics they share with Heller are being independent
and thorough. Lansing means that you have to have connections and be honest in order to be
successful. Enright, Cord, and Lansing are hardworking businessmen. I

Analysis Of The Hobby Lobby Company
. Greene maintains a strong commitment to his Christian faith. He has not wavered from his moral
principles, despite pressure from various groups and even the United States government to
compromise on some company policies. While some may disagree with a leader's specific
principles, Greene's courage to stand up for what he believes in would be considered a respectable
trait to many. In addition, the Hobby Lobby CEO has demonstrated a commitment to employee
satisfaction. He has raised the minimum wage of full time employees by one dollar a year since
2009 (Soloman, 2012) and even offers a free health clinic at the companies headquarters, which is
available for all Hobby Lobby employees. Greene's personal resolution regarding his moral and
ethical

North American Dismantling Corp. Case Study
North American Dismantling Corp (NADC) is a Michigan based Corporation that has been serving
the heavy industrial demolition, commercial and environmental industry for more than 30+ years.
NADC has been a leader in dismantling services nationwide, providing expertise, specialized
equipment and professionalism to ensure the job is done right. Our use of the latest technology and
experience combined with our customer oriented philosophy results in an efficient, safe and
economical project completion. NADC has completed millions of square feet of total demolition,
interior selective demolition and plant strip‐out in the commercial, industrial and residential arenas,
including work for major pharmaceutical, chemical, power and automotive companies. ... Show
We maintain national accounts with some of the largest national supply houses. These accounts
allow us to acquire any unit, on a national basis, that we may require on a project. We perform many
fast track projects, on the critical path, that allow our clients the ability to maintain their individual
schedules of reconstruction. NADC has 10 full time qualified project managers/estimators on staff
along with the resources to employ site/task specific personnel as needed. We employ a core group
of 100 employees and have ranged to over 250 pending the work load for the projects at that time.
When required, we employ personnel from the International Union of Operating Engineers, Labors
Union, and the Teamsters

Case Study Analysis Lincoln Electric: Venturing Abroad
Lincoln Electric (LE) has been a producer of electrical and welding technology products since the
late 1800's. The company remained primarily a family and employee held company until 1995, then
approximately 40% of its equity went to the public. James Lincoln, one of the founders, developed
unique management techniques that effectively motivated the employees. These management
techniques were implemented as an unusual (for the era) structure of compensation and benefits
called "incentive management". The incentive management system consisted of four key areas:
factory jobs based solely on piecework output; a year–end bonus that could equal or exceeded an
individual's regular pay; guaranteed employment; and limited benefits. Management ... Show more
They failed to understand the importance of tailoring rewards and incentives for specific
countries/cultures.
Key elements of the first wave of LE's international ventures are: domestic operations accounted for
85% of the worldwide production and nearly all new product development until the late 1980's,
universal application of the "incentive management programs", and in general the corporation paid
little attention to there international divisions. However, as of 1996, Lincoln re–organized its
international ventures by naming a president for each of the five regions, this is a demonstration of a
new emphasis and focus on the international ventures from LE. In additional to the CEO having a
planned oversight into the expansion there will be council consisting of each of these presidents to
plan, integrate and implement global strategies. The compensation for these presidents will also
include interregional cooperation. Both of these efforts address key Lincoln weakness from there
prior international ventures of: "sink or swim" corporate attitude and interregional destructive
competition. One final item is that Lincoln realized that in the second wave of international
expansion true understanding of a country/culture is as important as technological skills.
First, Lincoln must continue to utilize its successful incentive

The Organizational Culture And Subcultures Within A...
The organizational culture and subcultures within a business determines, to a larger extent, how the
business performs and the quality of people that comprises an organization. Such culture is often
initially created on purpose, but takes on life and identity of its own, developing organically and
eventually controls and cultivates people within the organization.
The case of Lincoln Electric Company is an interesting one, starting from the very early beginnings
when the company was run by the brothers, the original founder John Lincoln who decided to
concentrate on inventions and R&D side of things, who handed the helm over to his brother, James
Lincoln. The management system and underlying philosophy at Lincoln can be characterized by
clarity and commitment. The system was instituted with clear priority and purpose and the
management had confidence and courage to commit to the decisions they made. The order of
priority, namely customers first, employees next and stockholders last, makes any subsequent
decision making simple. The values that founded this order of priority, as well as benefits provided
to each of these categories, are based on Christian values, but the empathetic approach that results is
most certainly beneficial to anyone in any of these categories. The caring attitude and evident
sincerity that was demonstrated by actual implementations not only convinced all those concerned
that these were not merely slogans and publicity stunts but became beliefs share

The Lincoln 's Inner Shield Process
While advances in welding technology have been frequent, arc –welding products , in the main have
hardly changed except for Lincoln 's Inner shield process. The most common Lincoln electrode, the
Fleet weld 5P, has virtually been the same since the 1930s. The most popular engine–driven welder
in the world , the Lincoln SA–200, has been a gray–colored assembly including a four –cylinder
Continental engine and a 200 ampere direct current generator with two current control knobs for at
least three decades . A 1980 model, SA–200 even weighs almost the same as the 1950 model and
certainly is a little changed in appearance. All the of above reflects the continued influence of the
founder where he maintained his position as an engineer and inventor and hence there has been little
or diversion from the founder 's idea of making welding products. This can also be alluded from the
fact that the 1980 SA–200 almost weighs the same like the 1950 model which further , shows that
there has been little change to the materials being used to manufacture this welder but hence , only
cost effective ways of manufacturing are at play.Consistence was the main goal of the company.
Even after his death, the present workforce still highly rate their founder when it comes to depend
on the model which was invented a long time ago hence, the continuation and maintenance of the
brand instead. Lincoln saw the customer's needs as the "raison d'etre "for every company, and hence,

Parametric Optimization Of Gas Metal Arc Welding
 Parametric Optimization of Gas metal arc welding process by PCA based Taguchi method on
Austenitic Stainless Steel AISI 316L
Nabendu Ghosh a, Pradip Kumar Palb, Goutam Nandic and Ramesh Rudrapatid
*aPh.D student, Mechanical Engineering Department, Jadavpur University, Kolkata 700032, WB,
INDIA b,cProfessor, Mechanical Engineering Department, Jadavpur University, Kolkata 700032,
WB, INDIA dAssociate professor,Department of Mechanical Engineering, G.H. Raisoni College of
Engineering and Management, Pune–412207, India
Abstract
In the present work AISI 316L stainless steel samples have been welded by MIG welding. Butt
joints have been made. Plate thickness is kept constant (= 3mm). Some important parameters have
been varied during welding. Thus several butt–welded joints have been made. Each sample of the
joints has been prepared under certain combination of welding parameters. The parameters
considered for variation, in the present work have been welding current, gas flow rate and nozzle to
plate distance. The design of experiment has been done using L9 Taguchi design of experiment. The
influence of the process parameters (mainly current, gas flow rate and nozzle to plate distance) has
been examined visually and also through X–ray radiographic tests. Next, samples have been cut,
machined to conform to some specified dimensions for tensile testing. The quality of the weld has
been evaluated in terms of ultimate strength, yield strength and percentage of elongation of the

Taking a Look at the Lincoln Electric Company
Lincoln Electric Company
From the Harvard Case Study by Arthur Sharplin,it is clearly indicated that Lincoln Electric
Company is the world's largest manufacturer of welding machines and electrodes.This company
employs about 2,400 workers in its U.S factories and around 600 workers in three of its factories in
other countries. Continuing influence of founders.
The the founders of this company had the spirit of innovation .John Lincoln who was the main
founder of this company,remained the president but dedicated most of his energy on his innovative
job.This innovative attitude still can clearly been seen in the comany's activities.From the paper,it
can be found that all manufacturing are in line with the latest innovation.James F.Lincoln also
brought in Advisory Board which meet with the Chief Executive Officer twice a month.This policy
is still practice in the company.
The founders of Lincoln Electric did not put any organizational chart.The aim being to insure
maximum flexibility.Therefore an open door policy is practice and personnels are encourage to take
problems to any related person who can effect solution faster and effectively.Here,it will be true to
say that routine inspection does not exist with Lincoln Company as employees are all enthusiastic
about their jobs. Th Golden rule
With the Lincoln company,its attitude toward customers is very clear and very important as James
F.Lincoln saw the customer's needs as the d'entre for

Culture Of The Lincoln Eclectic Company
This paper summarizes the culture of The Lincoln Eclectic Company. First we take a look at the
influence of the company founders and how their beliefs/values exits today. Then we will review
various topics such as, the companies golden rule, the performance appraisal system, the way people
communicate in the company, and bonus plan, to name a few, all of which make up and highlight the
companies culture.
Mission Statement
The Automation Division of the Lincoln Electric Company will provide complete welding
automation and fume extraction systems to customers throughout North America and provide
assistance and service support to other Lincoln regions. These unique systems improve our
customers' quality, lower their costs and enhance their ... Show more content on Helpwriting.net ...
Every business could learn something from Lincoln's golden rule; job security. This company not
only survived during the depressions it thrived. How did it thrive? Because of their core value, job
security (after one year, each employee is guaranteed he will not be discharged except for
misconduct and is guaranteed at least 30 hours of work each week) meant the trying times of the
nation did not affect the employees of The Lincoln Company. Their employees were spared the
stress and concern of job loss which during a depression was of course prevalent. Eliminating that
fear alone allowed employees to operate more efficiently.
At the Lincoln Company performance appraisal is very important to the founders. They believe
fulfilling customer needs always comes first and to continually fulfill customer needs employee
performance is a necessity. Therefore the performance appraisal system allows the company to
assess employee output and award the employee based on the work they put in. Since this method is
clearly communicated to employees they are incentivized to work harder; thus, the end goal of
fulfilling customer needs happens more naturally.
Communication is key in any organization and the Lincoln Company has been very successful with
communication. All job descriptions are clear and the hierarchy within the organization is clearly
defined. By defined, I mean, the company has never had a

Lincoln Electric Company Essay
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:  The continuing influence of the founders of the company.  The incentive management
plan.  The performance appraisal system.  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 on Helpwriting.net ...
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 "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 building

Lincoln Electric Company 's Culture
The 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, from the executive team down to its factory line workers and is evident in their daily
business culture. Displayed through a plethora of initiatives; including employee compensations, a
concentration on productivity, encouragement of management and supervisors to participate in
active leadership and a general appreciation for its employees ' input and feedback; the working
culture in this organization is the backbone of the company's continued achievements. Through the
demonstration of their philosophy, Lincoln 's founders and management team have created a culture
that has become a timeless model of employee productivity for the world.
While there are several contributing factors aiding the Lincoln Electric Company to excel in creating
a wonderful business culture, there is a constant evolution of progress. During its startup in 1895;
the founder (John C. Lincoln) was able to experience moderate success and growth through the
standard business practices of the day.

Pompeii's Plumbing And Heating
One of the world's greatest modern technological advances is the invention of heating and air
conditioning. In summer, we're kept cool and likely free of sunburn, skin damage, and dehydration.
In winter, we're kept warm and this prevents many cold month ailments, like flu, fever, and
pneumonia. Pompeii's Plumbing & Heating knows all about the wonders of heating and cooling.
They have been proudly serving the Greater Cleveland area for more than 75 years. As the leading
family–owned plumbing & heating experts in the area, Pompeii's knows all about how amazing a
heating unit is during cold winter months., and they know just how important that warmth and
security is for families. So what do you do when your furnace is on the fritz? You seek

Arc Welding
ARC WELDING
ME 353 Presentation 11–3–2000 Presented by Damon Ogden
OUTLINE
What is Arc Welding The four most common types Non destructive testing Design considerations
Strength Safety Feel free to ask questions at any questions at any time.
Arc Welding
Welcome to the world of WELDING
What is Arc Welding?
An electric arc between the and electrode and the work piece generates heat. Sufficient heat is
generated to melt the work pieces together.
ELECTRODE ARC WORK PIECES
Electricity
The range of welding current used can be from 5 to 500 amps. The voltage ranges from 20 to 30
volts, AC or DC. Both are determined by the material thickness. A 60 watt light bulb draws .5 amps.
Four Common Types of Welding ... Show more content on Helpwriting.net ...
Discuss some of factors that could affect the decision.
ANSWER TO PROBLEM 2
Answers included on page 5 of the handouts Material to be welded: –Some materials require special
processes that take more time and skill than others. Number of welds, or length of weld: –Some
welding processes are faster than others. –MIG/Flux core are fastest, then Stick, then TIG Weld bead
size: –Tig welding produces a smaller weld than mig or stick. If space is critical, then a small weld
bead is desirable.
PROBLEM 2 CONTINUED
Weld bead size: –Tig welding produces a smaller weld than mig or stick. If space is critical, then a
small weld bead is desirable. Location where welding is to occur: –See question one. Operator skill
level: –The four welding processes require different skill levels. TIG highest, MIG/Flux core lowest.

Albert Einstein once said: "Education is what remains when one has forgotten everything he
learned in school"
This concludes the

Case Study : Lincoln Electric Company Essay
Case Study: Lincoln Electric Company
Lincoln Electric Company is headquartered in Cleveland, Ohio. Established in Euclid, Ohio by John
C. Lincoln and James F. Lincoln. The organization has been very successful and is now the world
leading manufacturing company of welding products for over 120 years. Through their vision, John
C. Lincoln and James F. Lincoln established a habit and culture of modernization and distinction
that continues to drive the Company. Everyone at Lincoln strives to keep their legacy alive through
James's beloved motto, The Actual Is Limited; The Possible Is Immense" (Sharplin 3).
"The definition of business culture is a blend of the values, beliefs, taboos, symbols, rituals and
myths all companies develop over time. Whether written as a mission statement, spoken or merely
understood, corporate culture describes and governs the ways a company's owners and employees
think, feel and act" (Vcampus,n.d).
"A culture is created by the preferences and values of the founders and industry demands" (Chapter
8, pg. 191).
The simplest definition of culture is how things get done in an organization. Each company has a
culture and Lincoln Electric Company seems to have a strong culture based on limitless
possibilities. Continuing influence and vision of the founders are still evident when analyzing the
company and its vision.
"We are a global manufacturer and the market leader of the highest quality welding, cutting and
joining products. Our enduring passion for

Lincoln Electric Company: Case Analysis Of The Lincoln...
Analysis of Lincoln Electric Company submitted on Sunday, 24 April 2016, 9:28 PM
The case study for Lincoln Electric Company located near Cleveland, Ohio USA, shows a company
with a distinctive organization culture of people oriented and team culture. The founder of welding
products and equipment (machines and electrodes), with more than two thousand four hundred
(2,400) workers in two us factories and six hundred (600) factories in three (3) global factories. It is
considered to be one of the best managed manufacturing companies in the world.
Details in the case study of "the Lincoln Electric Company" obviously shows that the leader's
(Lincoln's) Christian values helped establish an organizations culture of "team orientation, among
employees ... Show more content on Helpwriting.net ...
For its employees, the company provides an amazing level of pay and additional benefits, not to
mention incomparable job security.
While Lincoln Electric's does not possess a formal organizational chart its objective of maximum
flexibility and open door policy have encouraged personnel to take the problems to the persons
capable of solving it. Such an organizational structure is deemed to be one which improves
efficiencies, integrate operational and product development processes in an effort to better serve
customer needs. "This structure also leverages the functional and technical strength the
organizations core teams in developing markets, speed up profitable growth.
Lincoln's attitude towards stockholders, is that they are given last priority. James Lincoln's belief is
that "the philosophy behind this attitude is that in his words "they (stockholders) think that it will be
more profitable than investing money in any other way". He further explains that "this policy is an
alternatives for the company to work towards making some of their activities mechanistic while
keeping some functions organic". The other alternative he says is to "keep the company going as is
with no change". He cites that "absentee stockholders receives shares they deserve, even if
underserved, out of the greatly increased profits that the efficiency

The Legacy Of Lincoln Electric Company Essay
From 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. In 1907, James F. Lincoln, John's younger brother joined the company, gaining
managerial control in 1914.
From the beginning, James Lincoln took a deep interest in ways to improve his and his brother 's
company and their employees work related functions. He instituted an "Advisory Board" made up of
elected representatives from within the workforce. Since its creation sometime around 1915, actions
directly benefiting employees were instituted. Among them, reduction in working hours, completely
paid life insurance, and in 1917, a welding school was instituted.
In the bi–monthly Advisory board meetings, representatives take suggestions or issues presented by
employees to the Chairman and President. The employee representatives do not have direct input as
to whether these ideas will be instituted, rather an authoritarian management system takes these
ideas under advisement and decides whether or not instituting or ending them would be of benefit to
the workforce and company as a whole.
Employee

The Potential and Limitation of Teamwork Ethics as a...
The Potential and Limitation of Teamwork Ethics as a Success Factor in the Business World
Abderazak Ouassou
Texas A&M University – Commerce
The Potential and Limitation of Teamwork Ethics as a Success Factor in the Business World
Lincoln Electric, one of the most successful companies, is the world leading manufacturer of arc
welding products. It is also one of the leading producers of industrial electric motors. This success is
mainly driven by the ethical practices of the company. The Lincoln Electric's main stakeholders are
its customers, its employees, and its stockholders, and it has historically valued customer and
employee interests over the stockholder one which helped it to be very successful. In other words,
the outstanding ... Show more content on Helpwriting.net ...
In 1919, The Lincoln Electric Employee Association was formed to provide health benefits and
social activities. Few years later very interesting adjustments happened in the company. First, a
piecework pay has been implemented. Employees got two weeks of paid vacation. Wages were
adjusted for changes in the Consumer Price Index. And a portion of the common stock was set aside
for all employees in 1925. In addition, a suggestion reward system was introduced and the legendary
bonus plan was accepted and implemented on 1934. During World War II, Lincoln Electric
Company was very prospering. Sales went from $4,000,000 in 1934 to $24,000,000 by 1941. At that
time, the productivity per employee more than doubled. And the entire company productivity level
was more than twice those for other manufacturer in 1945. Today, Lincoln Electric employees enjoy
pension plans, opportunities of promotion from within, free access to management, and continuous
employment.
Since its creation, Lincoln Electric recognized people as its most valuable asset. Employee tasks are
facilitated by being trained in a way that enables them to work in different departments. To build
positive and conflict–free work relationships, Lincoln Electric employees are encouraged to act
ethically and solicited to show integrity, discipline, and

John C. Lincoln Electric Company
John C. Lincoln founded The Lincoln Electric Company in 1895. James F. Lincoln, John's younger
brother join the company and subsequently became general manager and vice president in 1914.
One of James early actions was to have a committee that would advise him on company operations.
Employees was asked to elect representatives to the committee. They met twice monthly with the
executive officer ever since. A welding school was formed in 1917 and still continues today. In 1918
an employee bonus plan was initiated then discontinued. It returned later on however. In 1934 the
bonus plan was purposed by the advisory board, their has been a bonus every year since then. In
1919 the Lincoln Electric Employees Association was formed providing health benefits and social
activities. This has continued today with added functions. The board of directors started a suggestion
system that is still in effect today. At least since 1935 Lincoln productivity has been well above the
average productivity vs. similar companies. The golden rule at Lincoln Electric is to put customers
first. One of the ways to do this "To build a better and better product at a lower and lower price" –
James Lincoln. In it 's history, there have been price decreases such as the most popular welding
electrode decreasing from 16 cents a pound in 1929 to 4.7 cents a pound in 1938. From 1958 to
1965, Lincoln largest selling portable machine (SA 200 Welder) decreased in price. Welding
machines and welding electrodes

The Legacy Of Lincoln Electric Company
Founded in 1895 by John C. Lincoln, the Lincoln Electric Company is a high–quality manufacturer
of welding machines and welding equipment based out of Cleveland, Ohio. Lincoln Electric was
founded upon a strong foundation of competitive logic, using many levels of synergy in its
manufacturing process to create the highest quality welding equipment and the lowest costs.
Through the company's unique management system and vertical integration strategies, they have
created and maintained a strong competitive advantage in the welding industry. Lincoln has
outlasted and defeated multinational competitors to become the world's leader in welding
technology and equipment.
Lincoln Electric focused on lowering costs in all aspects of the ... Show more content on
Helpwriting.net ...
After the Great Depression in 1934, the company developed the Lincoln system. The Lincoln
system is a three–pillared approach towards employee compensation consisting of yearly
discretionary bonuses, a piece rating system and a promise of guaranteed employment. Yearly
bonuses are paid out based upon personal worker performance and company profits. The company
uses a performance evaluation system to determine the amount of each individual's yearly bonus.
Lincoln Electric adopted the piece rating system so workers ' compensation is based upon the
quality of each material unit rather than quantity of units produced (Dyer et al., C–114). In 1958, the
company implemented the guaranteed employment promise which guaranteed workers up to 30
hours per week regardless of current economic conditions (Dyer et al., C–114). The Lincoln system
has increased the company 's competitive advantage in the welding equipment market by increasing
productivity and decreasing turnover rates.
In the 1980s, Lincoln Electric began its first major wave of foreign investments. Under CEO Ted
Williams, Lincoln Electric heavily expanded abroad into adjacent markets by using a mixed
diversification strategy of Greenfield expansion and acquisitions. Lincoln Electric saw globalization
as the answer to the problems the company was experiencing in the U.S. market with cyclical
economic fluctuations and the increasing importation of foreign–made welding equipment. For the
first

The Organizational Culture Of The Lincoln Electric Company
After analyzing the 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 it all and James
F. Lincoln, who is the younger brother of John, took over the company to another level. One of
James Lincoln 's early actions as head of the firm was to ask the employees to elect representatives
to a committee that would advise him on company operations. The Advisory Board has met with the
chief executive officer twice monthly since that time. This was only the first of a series of
innovative personnel policies that have, over the years, distinguished Lincoln Electric from its
contemporaries.
The Lincoln Electric Employees ' Association was formed in 1919 to provide health benefits and
social activities. This organization continues today and has assumed several additional functions
over the years. By 1923, a piecework pay system was in effect, employees got two–week paid
vacations each year, and wages were adjusted for changes in the Consumer Price Index.
Approximately 30 percent of
Lincoln 's stock was set aside for key employees in 1914 when James

The Legacy Of Lincoln Electric

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