Lincoln Electric Company s Impact On Corporate Culture

â€Å"We will distinguish ourselves through an unwavering commitment to our employees and a relentless drive to maximize shareholder value†; as found within Lincoln Electrics’ Vision Statement (Lincoln Electric 1999-2016). The beliefs and values transferred from company founders and instilled into employees can have an overwhelming impact on corporate culture. By establishing a positive corporate culture one can influence exceptional company performance. This is clearly demonstrated by Lincoln Electric Company, from its early days until its present day. I will present how the Lincoln Electric Company has done just that! Before anyone can truly understand and respect Lincoln Electrics’ culture values (which has one of the finest corporate cultures), we must look at how the company has evolved to become what it is today. In the early 1900s, the company transitioned leadership from John Lincoln, the original founder, to his younger brother, James Lincoln. John turned management and leadership to James Lincoln in order to pursue his ingenuity through inventing for the company. One of the first orders as General Manger was to assemble and advisory group that would report to him. He did so by requesting the employees from various departments to elect a representative to be on the committee that would meet with management – to this day the advisory group meets two times per month. What emerged from this formal group is unmistakably what was set in motion, and established aShow MoreRelatedAnalysis Of The Lincoln Electric Company Harvard Case Study1006 Words   |  5 PagesAnalysis of the Lincoln Electric Company Harvard Case Study by Arthur Sharplin By: Lauren N. Ingram The Lincoln Electric Company was a legacy company from which the families personal values were incorporated in the beginning and continue to be the fundamental beliefs compromising the company s culture. 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