FE #3 - SAS Institute and Lincoln Electric are both...

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SAS Institute and Lincoln Electric are both extremely successful companies, yet vary greatly in their management style and company culture. SAS focuses on employee-centered values of life, health, and happiness, while Lincoln Electric focuses on keeping production high, large monetary compensation, and employee turnover rate low. SAS Institute, the world’s largest privately held software company, has always received considerable media attention for its “utopian” work environment. The company’s values are employee-centered, and that is what makes SAS unique. The company constantly seeks to portray a strong belief in that they truly care about each and every co-worker on its payroll. Because of the perks and the culture SAS has instilled into its employees, it has become one of the most successful companies of all time. James Goodnight believes that innovation and creativity are the keys to success, and that creating an environment in which innovation and creativity can be sparked is the first step. He encourages new and better ideas, and realized early on that “when development teams are heads-down to meet deadlines, it can be difficult to accept a new or better idea that comes from outside of [their] domain” (James Goodnight, SAS Institute CEO), and knew exactly how to fix that problem. Goodnight uses two sources of power in his leadership styles; position power and personal power.
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FE #3 - SAS Institute and Lincoln Electric are both...

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