Lincoln Electronic Company has made organizational culture an unvoiced competitive advantage. Every aspect that Peters and Waterman have discovered to be part of a successful culture, i.e. decisiveness, customer-orientation, empowerment, and people-orientation, can be found again within the case of Lincoln.
The culture fits the environment, which is considered largely stable with few exceptions and competition on price. “Changes [are] evolutionary rather than revolutionary” and Lincoln is the
“undisputed price leader” in this. It is a combination of an outcome-oriented, stable as well as people-oriented culture that moves throughout the people.
At Lincoln Electric Company, the founders continued to be less directly involved in management issues but …show more content…
Worker turnover is unheard of, which shows the satisfaction of workers with the environment and hints at the origin of their diligence. They enjoy being part of the whole and
BUS 1101 Lincoln Electric - Culture Written Assignment U3 work towards their incentives, having been given the absolute freedom, independence and responsibility to accomplish what they are able to.
A formal organization chart does not exist, giving “maximum flexibility” when problems arise.
Having an open door policy, one is free to reach out to whoever is most apt to fix the issue at hand. Supervision levels are deliberately few, but those are respected. When the supervisor asks for overtime or short-time on the flipside, no one questions the authority.
Innovation is not a main driver within the stable environment of this competitor, so research spending ends up being near to nothing. Their philosophy follows “better and better products at lower and lower price”. Any way to save costs means an ever-increasing benefit for the consumer. All taken together, the culture is strong, as all employees adhere to it and see its values. It binds them together in this common undertaking and helps the company to remain successful in
The culture fits the environment, which is considered largely stable with few exceptions and competition on price. “Changes [are] evolutionary rather than revolutionary” and Lincoln is the
“undisputed price leader” in this. It is a combination of an outcome-oriented, stable as well as people-oriented culture that moves throughout the people.
At Lincoln Electric Company, the founders continued to be less directly involved in management issues but …show more content…
Worker turnover is unheard of, which shows the satisfaction of workers with the environment and hints at the origin of their diligence. They enjoy being part of the whole and
BUS 1101 Lincoln Electric - Culture Written Assignment U3 work towards their incentives, having been given the absolute freedom, independence and responsibility to accomplish what they are able to.
A formal organization chart does not exist, giving “maximum flexibility” when problems arise.
Having an open door policy, one is free to reach out to whoever is most apt to fix the issue at hand. Supervision levels are deliberately few, but those are respected. When the supervisor asks for overtime or short-time on the flipside, no one questions the authority.
Innovation is not a main driver within the stable environment of this competitor, so research spending ends up being near to nothing. Their philosophy follows “better and better products at lower and lower price”. Any way to save costs means an ever-increasing benefit for the consumer. All taken together, the culture is strong, as all employees adhere to it and see its values. It binds them together in this common undertaking and helps the company to remain successful in