HR Lincoln Electric In China Final Case

HR Lincoln Electric In China Final Case - Lincoln Electric...

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Lincoln Electric In China Final Case Sidney Graybill, Chris Massell, Mylei Saltares Sean DeBarberie, Atiba Askew
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Content: Background & History Success in Cleveland International expansion Shanghai Problems Analysis Recommendation Implementation
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Background: Industry leader for decades, renowned for not only products but employee relations Operation started in Cleveland, Ohio Initial focus was designing and manufacturing electric motors Later shifted to Arc Welding equipment where it became their main focus and revenue stream Established in 1985 by John Lincoln and joined by brother James in 1907
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Industry: Arc welding industry began in the early 19th century Technology around arc welding was rather primitive in the early introductory stages Lincoln Electric played a crucial part in evolving the arc welding technology Started as leader in stick (manual) welding process Forced industry in the US to move off of manual processes by introducing semi- automatic and automatic welding equipment Only about six major competitors in the automatic arc welding industry
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History: Key Lincoln Electric Milestones: 1911 - expanded product line to introduce arc welding equipment 1914 - James Lincoln took over Lincoln electric, utilizing his managerial skills to shape company culture 1915 - Paid life insurance policy for each employee was introduced 1916 - Lincoln Electric opened a welding school which was a cog in how their business was run 1925 - Lincoln Electric introduces first ESPP in the US
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Early Leadership Timeline: Key Years for Lincoln Leadership Changes: 1965 - First Non-Family President appointed 1972 - William Irrgang appointed company CEO & Chairman 1986 - George Willis was the next homegrown appointed Chairman 1992 - Donald Hastings took over as Chairman 1997 - Anthony Massaro - first Chairman to be selected to not have Lincoln history
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Locations: Started in Cleveland, Ohio Began international by 1986, Lincoln Electric expanded to the following international locations: Canada Australia France Over next five years, rapid expansion placed Lincoln Electric in the following nations: Italy, Germany, United Kingdom, Netherlands, Norway, Spain, Ireland, Brazil, Mexico, & Venezuela
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Culture:
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  • Spring '14
  • LawrenceKleiman
  • Piece work, Arc welding, Lincoln Electric, James Lincoln, Employee Advisory Board

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