The Legacy Of Lincoln Electric Company

Lincoln Electric Company has a very strong culture based on shared assumptions values and beliefs. This is evidenced by the attitudes of both the company management and employees towards the organization. The unchanged policies, practices and products point towards a very strong corporate culture. High employee performance and productivity over the many years of the company’s existence is also another indicator of a strong culture.

The Lincoln Electric Employees' Association was formed in 1919 to provide hearth benefits and social activities.This organization continues today and has assumed several addittional functions over the years.

Primary features of the Lincoln Electric business model and employment system are displayed through the company’s overall strategy, philosophy, compensations and benefits policy, leadership, and communication within and outside the organization.

The founder, James F. Lincoln used his Christian upbringing as the basis for his vision of how he defined entrepreneurial success. The customers ' needs are first priority, the employee second, and the stockholders are last. Quality and cost efficiency are the two most important factors considered in their product engineering and manufacturing. The hierarchy is stringent, however, the culture of the company is greatly people-oriented. This company has a strong culture that is instilled in new employees from the beginning and continuously practiced by every member of every facet in the organizational structure.

     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.

With the years going by, Lincoln Electric Company, despite its excellent performance in production, has been growing in a very steady speed, and never really grew to a large scale company.

The Lincoln Electric was founded in 1895, and is the world leader in the design,

Lincoln Electric is a company operating with the sales of electric motors which was designed by John C. Lincoln himself, The company started off in 1895 when John C. Lincoln started the firm with an extremely low capital of only 200$. A few years later in 1907, John’s brother James decided to join the company Electric motors as a senior manager after just graduating from Ohio State Policies which has highly benefited the company as he introduced a series of policies under human resource and management which were innovative and new. In 1907 the company started to grow and decided to venture into new markets and diversify their production into Welding equipment as well, this has attained the company major success and in the year 1922 (Lincoln Electric, 2015) production of welding equipment and welding consumables has become the main business done by Lincoln Electric.

Elements of Lincoln Electric’s management system that made it so popular in the U.S. such as piece-rate work, bonuses, and

This combination was the most secret weapon of success behind the advancement of all types of electro welding-Fleetweld 5p and other products were made with workers who were manufacturing these products were working in a very friendly environment within the company as the proprietors appreciated and complimented their efforts with various rewards, not practiced in other companies of similar standards.

The Lincoln Electric Company is one of the largest manufacturers of welding machines and electrons in the world today, with $1 billion in sales and 6000 workers worldwide. The company is also the pioneer in the development of the arc-welding industry and the originator of the innovative employee incentive system. “It was founded in 1895 by Engineer John C. Lincoln to manufacture an industrial motor of his own design. By 1909, it began to produce welding machines, and In 1914 James F.Lincoln his younger brother became the general manager, and actively promoted the welding industry, which expanded with the need to repair the navy vessels during the First World War”. Moley Raymond. (1962) The American century of John C. Lincoln. Retrieve

The Lincoln Electric Company is a welding company that has been around since the late 1800’s. Not only are they known for their prospering business, but they also are known for their management plan. A company’s culture has so much to do with their success, and The Lincoln Electric Company is definitely a business to look up to in that regard. They are a company that succeeds through their sturdy history, their incentive plan for their employees, their management style, and much more.

In 1906 John C. Lincoln incorporated his business East Cleveland, Ohio forming what we know today as the Lincoln Electric Company. Though the company started out as a relatively small operation, it is now one of the largest producers of welding Machines and electrodes. Branching out from Cleveland, Ohio the company now has more factories in U.S. as well as in other countries. The company’s success has be attributes to several different factors, one of which is the company’s unique culture.

Lincoln Electric is company based out of the east side of Cleveland, OH. Being a Manufacturing company they mainly deal with welding materials and electrodes. The company was started by Lincoln himself back in 1895; with a little inspiration and his second patent on an improved Motor. It has been recognized as one of the most stable and great companies to work over the years by multiple different associations. But what contributes to such success? In this essay I will go going through the aspects of the company and what has added to is growth, development and most importantly, its success.

The company was originally founded in 1895 by John C. Lincoln to make electric motors he had patented. In 1907, he brought on his younger brother, James F. Lincoln, who began leading the company according to his ideals in 1914 as both General Manager and Vice President. Christian ideals were the cornerstone of James Lincoln 's business philosophy, but these were his personal beliefs, and never tried to push them onto his employees or his customers.