Scientific method Essay Example for Free

Scientific method Essay1. 1 Reasons choose the issue 1. 2 The Problems The problems of this case be 1. How would you characterize capital of Nebraska electrics strategy? In this context, what is the nature of capital of Nebraskas business and upon what bases does this company compete? 2. What are the most important elements of Lincolns over entirely apostrophize to organization and control that help explain why this company is so successful? How well do Lincolns organization and control mechanisms fit the companys strategic requirements? 3. What is the corporate burnish like at Lincoln Electric? What type of employees would be happy spraining at Lincoln Electric?4. What is the applicability of Lincolns approach to organization and control to other(a) companies? Why foundert more companies operate like Lincoln? 5. What colud cause Lincolns strategy execution of instrument approach to break down? What are the threats to Lincolns continued success? 6. Would you like to work i n an environment like that at Linciln Electric? 1. 3 The Aim/Objectivity The objectives of this case are CHAPTER II LITERATURE For the literature we will focus at the .. CHAPTER III CASE ANALYSIS 3. 1 Background Case Lincoln Electric Company Lincoln Electric Company 2. Case Analyis.CHAPTER IV CONCLUSION 4. 1 Conclusion of this case study analysis are 4. 2 Recommendations for The Lincoln Electric Company Conclusion Lincoln Electric has found a simple way to beat the ambition in the manufacturing industry, Lincoln puts the employees first, knowing that without happy employees nothing will improve and nothing will take a crap produced. Through revolutionary incentive programs and effective motivation techniques Lincoln has found ways to keep employees glide slope back day after day with smiles on their faces and a genuine love for the company in their hearts.It is rare to find companies that value the individual so much while at the same conviction becoming a leader in their indust ry. Lincoln has shown that it doesnt take ruthless executives, slave device driver managers, and horrible work conditions to squeeze every last bit of effort out of an employee. Giving employees freedom, paid them for how hard and how efficiently they work, and giving the workers the opportunity to participate in decision making are all told it takes to coerce enough effort from workers for the company to be immensely successful.Conclusion The Lincoln Electric case study has illustrated many concepts that Organizational Behavior has to offer. We have discussed many ways in which individuals, groups, and the organizational body structure thitherin, has influenced the behavior at Lincoln Electric. The overall structure has contributed to almost every aspect of the company. Take for role model the degree of care for employees at Lincoln, their progressive paradigm allows its employees to feel empowered, enthusiastic, and satisfied with the organization.This consequently, leads to an efficient way of producing their products, ensuring quality, and beef up client relationships. Employees at Lincoln participate in different divisions. The structure allows for job rotation that reduces boredom, increases motivation, and has a positive influence on productivity. Second, the Advisory Board gives employees a sense of authority and helps maintain talk between lower-level workers and upper-management.Lincolns recognition of their employees as the companys most valuable asset, unite with their competitive compensation package, inspires employee loyalty. Benefits provided include Medical, vacation, company paid retirement plans, and annual bonuses that are determined by the individual performance evaluations. The foundation for success at Lincoln Electric or any other organization has much to do with the people within the organization, the teams, and individual. It can be said then, after our examination, that there exists a inter-dependent relationship between Lincoln , and its employees.This relationship, held together by competitive compensation, care, and openness, has lead to the companys august reputation for employment, management, as well as the impressive profit margins. Lincoln should serve as an ideal for similarly structured organizations. In order to be successful, an organization must keep its workers satisfied. DIBAWAH SEK ADA Lincoln Electric has proven that keeping employees happy is key to a successful business. This has been true in the agone for Lincoln and seems to be working currently, as Lincoln recently announced a raise in dividends to be paid.With increasing competition in the manufacturing industry coming from abroad and the worldwide financial crisis, it is staggering that Lincoln has managed to stay strong and actually pay shareholders more than ever before. A Quick modify According to the Lincoln Electric website, their incentive management system compensates and encourages individual and team initiative and off ice at all levels of employment within the U. S. subsidiary. Lincoln has never experienced a work pulley in its 100-plus year history.Over the last few years, Lincoln Electric has continued to make acquisitions all over the world, thus expanding their profits and securing themselves as one of the largest manufacturing of welding materials in the world. The benefits that Lincoln Electric hush continues to use are the Advisory Board, Piecework incentives, bonus plan, guaranteed employment after three years of service with no layoffs since 1948, and a 401(k) plan. Lincoln Electrics profits have continued to increase over the past times several years and due to its global expansion it seems Lincoln Electric is here to stay.