Thursday, June 13, 2019

Lincoln electric Essay Example | Topics and Well Written Essays - 2000 words

Lincoln electric - Essay ExampleFrom developing the potential of employees, their production quality would increase, thus realize an increased customer say-so in their produce. The knowledgeable sales team could outwit that of the competitors, thus an increased sales level. From capitalizing on existing relationships with customers and distributors, increased sales and coverage of their produce would be realized, thus increased earnings levels (Sabo). Four principal functions of management at Lincoln Electric in establishing the culture, mission, vision, and company strategy. Planning was laid down in establishing these, causing change where necessary, for example streamlining to the production of welding products. In organizing, the company plans the work of the employees, and then leaves the execution of duties to them, rewarding any increase in performance. In leading, the companys management has established close relationships with the workers, thus increased cooperation. In con trolling, the company has established a strictly no-nonsense atmosphere, at any area within the companys premises including the gate area, to the parking lots, to the working areas. Lincolns approach to organizing and motivating their employees, as based on the ideas of early behaviorism the company has capitalized on the basic behavioral traits of employees of wanting to see their contribution recognized and rewarded to motivate and encourage the productivity of their employees.

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