Description
Book SynopsisIn its 104-year history, Lincoln Electric Company has managed to sustain its status as the world''s leader in welding technology despite intense domestic and foreign competition. The company''s success can be attributed to founder James Lincoln, who began adopting principles of management that empowered workers and allowed the company to change rapidly to take advantage of new opportunities. This book shows you how to duplicate these pioneering ideas and follow the brilliance of the Lincoln management system. The results of this system include happier customers, more prosperous workers, and richly rewarded shareholders.
Joseph Maciariello uncovers Lincoln''s approach to management in a systematic manner and demonstrates why the company has been so effective for over a century. You''ll discover how Lincoln employs a mutually reinforcing set of management systems that creates a boost in overall performance. When these systems are described and understood in their entirety, y
Table of ContentsLincoln Electric: The Company, Its Operations, and Its Values.
Management Systems: Management Style and Philosophy.
Management Systems: Infrastructure, Coordination, and Integration.
Management Systems: Rewards and Recognition.
Planning, Resource Allocation, and Reporting.
Agility and Adaptability at Lincoln Electric.
Management Systems Dynamics and Stakeholder Management at Lincoln.
Transplanting Lincoln's Culture and Systems Abroad: Sucess and Failure.
Does Lincoln Electric Offer U.S. Companies Lessons of Lasting Value?
Nucor Corporation.
Worthington Industries.
Lessons from Lincoln Electric and Nucor Corporation.
Lasting Value: Incentive Management as Cradled by the Culture and Management Systems at Lincoln Electric.
Index.
