Topic > ORGANIZATIONAL CULTURE OF LINCOLN ELECTRIC COMPANY

Lincoln's culture was created or built on the values ​​and preferences of its founder John Lincoln and young brother James F Lincoln and the demands of the industry. Their values, preferences, and industry demands shaped the company's early values, assumptions, and goals. According to James Lincoln, customer interests come first and shareholders are considered last. Its influence on the customer-first position is still very present today as the current president, Mr. Willis, still considers it the most important constituency in the company. The company's goal is to "build an ever-better product at an ever-lower price." Since the beginning of its introduction, Lincoln company culture has been maintained through attraction-selection-abandonment where jobs are acquired internally except entry-level positions, workers are guaranteed job security , the company pays employees double compared to other factories in the area, staff turnover is non-existent, inducting employees are taught the company culture, its good leadership and the reward system which involves an incentive policy , the merit p...