Through my reading about LINCOLN ELECTRIC COMPANY I can see that organizational culture played an important important role in success of this company. All main elements that form Oranizational culture represented in THE LINCOLN ELECTRIC COMPANY, that what made this company prospered and thrived in its activity through the applying The P-O-L-C Framework effectively. I can discern the aspects of influence of oraganizational culture in manging this company towards higher levels in output through the following the principal elements that Organizational culture includes.
- Organizational culture is a system of shared assumptions, values, and beliefs that helps individuals understand which behaviors are and are not appropriate within an organization. Cultures can be a source of competitive advantage for organizations. Strong organizational cultures can be an organizing as well as a controlling mechanism for organizations. And finally, organizational culture consists of three levels: assumptions that are below the surface, values, and artifacts.
- Culture is largely invisible to individuals just as the sea is invisible to the fish swimming in it. Even though it affects all employee behaviors, thinking, and behavioral patterns, individuals tend to become more aware of their organization’s culture when they have the opportunity to compare it to other organizations.
-An organization’s culture may be one of its strongest assets or its biggest liability. In fact, it has been argued
“Culture consists of the symbols, rituals, language, and social dramas that highlight organizational life, including myths, stories, and jargon. It includes the shared meanings associated with the symbols, rituals, and language. Culture combines the philosophy of the firm with beliefs, expectations, and values shared by members. It contains the stories and myths about the company's founder and its current leading figures. Organizational culture consists of a set of shared meanings and values held by a set of members in an organization that distinguish the organization from other organizations. An organization's culture determines how it perceives and reacts to the larger environment (Becker, 1982; Schein, 1996). Culture determines the nature
Organizational culture is the summation of the underlying organizational values manifesting as collective assumptions, attitudes, beliefs, expectations and norms. Grounded in the customs and
Organization culture is the matter that holds a company intact. This is what makes each
Organization culture is the matter that holds a company intact. This is what makes each
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.
Culture is an observable, powerful force in any organization. “Made up of its members’ shared values, beliefs, symbols, and behaviors, culture guides individual decisions and actions at the unconscious level. As a result, it can have a potent effect on a company’s well-being and success” (One Page, n.d.).
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 performance reviews and to conclude, the management style. The Lincoln Electric Company’s management and culture have been researched and referenced by many, nearly any company could benefit from at least one of the key aspects of the welding equipment manufacturing giant’s strong culture.
An organizational culture is a system of shared beliefs and values that are establised to help motivate and coordinate employees in the achievement of meeting the organization’s goals (Kinicki, 2012, p.229). The four types of organizational cultures are: clan, adhocracy, market, and hierarchy. By a company choosing what kind of culture and structure they will plan lays out the design of how an organization will function which gives an the organizational identity, it facilitates collective commitment, promotes stability, and shapes the workplace behavior by helping employees to understand the purpose and goals of the company, and how they intend to accomplish their goals (Kinicki, 2012).
There have been many examples of organizations that have maintained a competitive advantage as a result of their culture. One such example can be found in the Lincoln Electric Company. A case study on the Lincoln Electric Company, prepared by Arthur Sharplin (1989), gives us keen insights into the relation between culture and productivity, the influences that founders have on organizational culture, as well as how certain cultures manifest themselves in organizational policies, communication, and management styles.
Organizational culture is a shared value system derived over time that guides members as they solve problems, adapts to the external environment, and manage relationship (Schein in Wooten and Crane 2003, Vol. 21(6), p.276). Organisational culture is about how things get done subtly without people watching so that the organisation runs smoothly. Organisational culture is needed so that company can run without hiccups and run efficiently. It shows organisation structural
Organizational Culture – Organizational culture is the basic pillar of any organization. It decides the way to achieve the goal along with growth and great satisfaction of each and every employee. The culture depends on the few key factors which have been described below:-
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.
In order to gain an understanding of the Business culture at Lincoln Electric, I will create a model describing how the culture was created and continues to be maintained. I will attempt to show also that Lincoln has a strong culture which affects the way the employees think and behave. There are several factors are involved in the creation of their Business culture:
Company culture can have a major impact on an organisations success. This culture is known as organisational culture which is defined as a system of shared assumptions, value and beliefs that show people what is appropriate or inappropriate behaviour (Carpenter, Taylor, & Erdogan, 2009). These shared assumptions, values and beliefs strongly influence how well employees behave and how well a company will perform. “The factors that are most important in the creation of an organization’s culture include founders’ values, preferences, and industry demands.” (Carpenter, Taylor, & Erdogan, 2009). Different organisations have different and distinct cultures based on their needs. One company with a distinct organisation culture is Lincoln Electric Company. This essay look at the company’s culture by analysing the influence of the founders of the company, the performance appraisal system, the merit pay and bonus plan, the way people communicate in the company, and the management style of Lincoln Electric Company.
Culture plays an integral role in the success of an organization. Human Resource professionals and