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CASE: 3 LINCOLN ELECTRIC capital of northeastward galvanic is one of the leading companies in the global commercialize for veer welding equipment. This is a cost-competitive business in which consumers argon hurt sensitive. capital of Nebraskas success has been based on super high levels of employee productivity. The comp all(prenominal) attri just nowes its productivity to a strong organizational culture and an bonus scheme based on piecework. capital of Nebraskas organizational culture dates back to James Lincoln, who in 1907 joined the community his brother had established a round years earlier. Lincoln had a strong respect for the might of the individual and believed that, correctly motivated, ordinary pile could achieve patronising per formulaance. He emphasized that the company should be a meritocracy where large number were rewarded for their individual effort. Strongly egalitarian, Lincoln removed barriers to communication among workers and mana gers, practicing an open-door policy. He made sure that all who worked for the company were lout equally; for example, everyone ate in the same cafeteria, there were no reserved parking places for managers, and so on.

Lincoln also believed that any productivity gains should be shared with consumers in the form of set up down prices, with employees in the form of high pay, and with shareholders in the form of higher dividends. The organizational culture that grew out of James Lincolns beliefs was reinforced by the companys incentive system. turnout workers receive no base salary but are paid according to the nu mber of pieces they produce. The piecework r! ates at the company enable an employee working at a usual thousand to earn an income equivalent to the average wage for manufacturing workers in the nation where a factory is based. Workers are responsible for the look of their payoff and must repair any defects spotted by quality inspectors before the pieces are included in the piecework calculation. Since 1934 ware workers shake up been awarded semiannual bonuses...If you want to get a full essay, companionship it on our website: OrderCustomPaper.com

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