Lincoln Electric Case
Lincoln Electric is surely all about money and requires a lot of hard work, good service to the consumers and in the end the workers are rewarded for the job well done. Many who cannot perform the hard job quit and run away to easier ones. At Lincoln electric time is money and any time wasted by the people cost them money therefore they work to their best capacity. From the case study it is seen that workers try to increase their ratings and to them any time spent idle costs them money. They work as much as possible to get a high rating and thus increase what they get paid. Lincoln Electric pays good money to their workers and many have been able to buy and maintain a house, a car and other necessities of life. Lincoln Electric is a manufacturing plant with a history of provided the best products to the market. It is a company where time is money. Any non-serious employees would not be able to make enough money and would naturally leave the place.
Question
Lincoln's model of management is highly effective and can be used as an effective piece of management at any workplace. One of the most important things in an organization is to minimize the barriers between the management and the workers. An example is given by the president George Willis who had to park his car far away because the parking lot was full. Even though he is the president, he does not have a reserved spot. This attitude makes the workers feel important and they would like the management better. If the management had spots close by and only the workers would suffer then they would feel it as being unjust. This would sour the management-worker relationship which would affect the productivity of an organization. Further this gives them a feeling that politics are not involved in the organization and people get what they deserve. Further the president stresses on the absence of any executive dining room. Management and workers sit together and eat. This promotes a sense of equality where everyone feels as if they are part of the same team.
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