Monday, February 4, 2019
Lincoln Electric Case Study :: GCSE Business Management BTEC Coursework
capital of Nebraska Electric Case StudyThe capital of Nebraska Electric Comp either is the worlds largest manufacturer of arc join products and a leading producer of industrial electric motors. Their key energy is achieving higher worker productivity. E really year the company has seen high sugar and bonuses. Employee morale and productivity remains very good and employees ar very loyal to the company. The company also puts customers goals as top priority.Organization grammatical constructionThis is a very organic organization. They do not have a formal organization chart in this company because they want to crack maximum flexibility. They have an open-door policy in which employees take chores to the people that are most capable of solving them. Routine supervision is almost nonexistent. Lincoln has a fairly flat organization in which there are usually two or three levels of supervision between turnout workers and the president. Employees are evaluated on quality, dependability, ideas and cooperation, and output. They also have great job security, fleck also being able to participate in decision-making.Problem identificationLincoln Electric does not really seem to have any big problems in their current operations while working under an organic structure, but one problem seems to be the lack of help that the stockholders get. At Lincoln, the stockholders are given last priority. The whole philosophy can this is that they think that it will be more profitable than investing cash in any other way.Alternatives consideredAlternatives for this company is to work towards making any(prenominal) of their activities mechanistic while delaying some functions organic. The other alternative is to keep the company going as is with no change. If there is no problem to be fixed, than dont try fixing it, since it will issuing in more problems. Once some Harvard Business School researchers make up an organization chart for the company and the man agement felt that it had a disruptive effect. One big item that they want to consider is to give way a little more attention to the stockholders, which are financing the company. Alternatives selected and preceptThe alternative selected is to keep the company going like it is with the organic structure.
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