John C. Lincoln started Lincoln Electric Company in the late 1800’s, early 1900’s. John Lincoln was later joined by his younger brother James F. Lincoln who bore the both the titles vice-president and General Manager. As the son of a minister, James F. Lincoln entwined his Christians principles into his business philosophy. “The Christian ethic should control our acts. If it did control our acts, the savings in cost of distribution would be tremendous.” (Lincoln, 1961)
Based on the Organization Culture Profile (OCP) framework, the Lincoln Electric Company has a people-oriented culture. The company believed in fairness, supportiveness, and respecting individual rights. Employees are given an equal amount of work hours. Workload and overtime …show more content…
They post all their job openings on the company bulletin boards so that any employee can apply. Only entry level jobs accept external hires. Employees are guaranteed at least 30 hours of work per week and having a secure job as long as they have been working there for at least a year. They haven’t had any layoffs since 1949.
Supervisors are required to fill out a Merit Rating Card for each employee at least twice per year. Supervisors then informs the individuals of their marks and where there might be room for improvement. In reflection upon the paragraph about work assignments, I feel that the Lincoln Electric Company also falls under the innovative culture section according to the OCP framework. My reasoning behind this is that supervisors and other management can transfer workers between shifts and also assign them different tasks. This means workers need to be flexible and …show more content…
In house training programs allow production workers to get on-the job training. The same opportunity is given to sales personnel as well. Employees reap benefits such as a medical plan and even a company-paid retirement. Employees also enjoy meals in the plant cafeteria at a 60% cost reduction of the usual costs. There is even disability insurance, social and athletic activities available. Even years after the founding fathers have passed on, the foundation upon which the Lincoln Electric Company made its success is still standing. James Lincoln believed that the customers’ interests were the company’s first priority. After the customers came the employees. The last group of people to be taken into consideration are the stockholders. He believed stockholders weren’t really important because they thought it was more profitable to invest in stocks than anything else.
Lincoln Electric Company workers earn twice as much as other factory workers in the area. That being said, workers take pride in their work because they have a say in the goal setting policies. In 2010, CEO, chairman and president of the company, John M. Stropki gave credit to the employees in a Fox Business interview. (Modesto,
Based on the Organization Culture Profile (OCP) framework, the Lincoln Electric Company has a people-oriented culture. The company believed in fairness, supportiveness, and respecting individual rights. Employees are given an equal amount of work hours. Workload and overtime …show more content…
They post all their job openings on the company bulletin boards so that any employee can apply. Only entry level jobs accept external hires. Employees are guaranteed at least 30 hours of work per week and having a secure job as long as they have been working there for at least a year. They haven’t had any layoffs since 1949.
Supervisors are required to fill out a Merit Rating Card for each employee at least twice per year. Supervisors then informs the individuals of their marks and where there might be room for improvement. In reflection upon the paragraph about work assignments, I feel that the Lincoln Electric Company also falls under the innovative culture section according to the OCP framework. My reasoning behind this is that supervisors and other management can transfer workers between shifts and also assign them different tasks. This means workers need to be flexible and …show more content…
In house training programs allow production workers to get on-the job training. The same opportunity is given to sales personnel as well. Employees reap benefits such as a medical plan and even a company-paid retirement. Employees also enjoy meals in the plant cafeteria at a 60% cost reduction of the usual costs. There is even disability insurance, social and athletic activities available. Even years after the founding fathers have passed on, the foundation upon which the Lincoln Electric Company made its success is still standing. James Lincoln believed that the customers’ interests were the company’s first priority. After the customers came the employees. The last group of people to be taken into consideration are the stockholders. He believed stockholders weren’t really important because they thought it was more profitable to invest in stocks than anything else.
Lincoln Electric Company workers earn twice as much as other factory workers in the area. That being said, workers take pride in their work because they have a say in the goal setting policies. In 2010, CEO, chairman and president of the company, John M. Stropki gave credit to the employees in a Fox Business interview. (Modesto,