The Culture of the Lincoln Electric Company

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The Lincoln Electric Company (LEC) was the world's largest manufacturer of welding machines and electrodes. It was established the company in 1906 by John Lincoln. LEC employed 2,400 workers in two U.S. factories near Cleveland and approximately 600 in three factories located in other countries. However, this did not include the field sales force of more than 200 people. Lincoln's estimated market share was more than forty percent. John concentrated on innovation and invention i.e. looking after R & D work of the company and his brother James was responsible for running the management of the company. As we know that a company’s culture, particularly during its early years, is greatly a reflection of the personality, background, and values of its founder or founders, as well as their vision for the future of the organization. When entrepreneurs establish their own businesses, the way they want to do business determines the Organization’s rules, the structure, and performance evaluation in the company and the people they hire to work with them. This is very much evident in the case o...

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