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Friday, April 19, 2019

Lincoln electric case study Essay Example | Topics and Well Written Essays - 750 words

Lincoln electric case study - taste ExampleManagers respect the production workers. They ar also respected and valued for their contribution to the companys business. The fact that the workers contribution is no less than that of the focusing towards the growth of the organisation is recognise and acknowledged by each of its member. Decentralized approach has made it possible even for the workers to challenge the management in case of wrong and unfair decisions. They can voice their opinion in case they recover that a certain decision taken by the management is unfair, or likely to bring shun effects on the organisation. Most of the workers are fresh pass-outs from schools when they are absorbed by the organisation and are provided the required training to perform various functions. Some of them are promoted to the position of executives because Lincoln believes in promoting employees from indoors the organisation and not from outside.The major reasons that can be attributed t o the success of Lincoln are its quality standards and its responsibity towards its workers. twain these aspects have gone a long way to make this brass extremely successful. The company focuses generally on the welfare of its employees and their performance levels automatically improve. Workers are paid according to the piece rate system and rewarded for their performance. It is strictly ensured that they exceed their performance goals in order to achieve maximum pay. They are encouraged to depute in their best efforts and rewarded accordingly. This company provides so much support to its employees that it has become their second home which veto them from leaving the company.Success of the organization in United States called for the process of diversifying its roles in foreign countries. Lincoln dogged to purchase a number of plants in Japan, South America and also in some of the European countries. It

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