3 What changes might Lincoln managers have to make to adapt their management system to overseas operations?
Question:
3 What changes might Lincoln managers have to make to adapt their management system to overseas operations? Imagine having a management system that is so successful people refer to it with capital letters - the Lincoln Management System- and other businesses benchmark their own systems by it. That is the situation of Lincoln Electric. For a number of years, other companies have tried to figure out Lincoln Electric's secret - how management coaxes maximum productivity and quality from its workers, even during difficult financial times. Lincoln Electric is a leading global manufacturer of welding products and equipment, and electric motors, with more than US$2.7 billion in sales and over 10000 workers worldwide. The company has had a factory in Sydney as part of its global network of operations. The company's products are used for cutting, manufacturing and repairing other metal products. Although it is now a publicly traded company, members of the Lincoln family still own more than 60 per cent of the shares.
Step by Step Answer: