Managing in a strategic Context
Case study analysis
Read the Lincoln Electric case study (available on Moodle) and prepare a report answering the following:
Explain the main features (overall strategy; philosophy; compensation; leadership; communication) of the Lincoln Electric business model and employment system.
Using frameworks/literature of the course discuss how generalisable is the Lincoln business model to other industries?
How generalisable is the Lincoln’s approach to employment and incentive in other countries? Taking into account the Human Resources practices and Incentive System at Lincoln analyse the main stakeholders influencing these practices in India and discuss the challenges faced by the organisation.