Lincoln Assignment Essay - 749 Words

Lincoln Electric: Venturing Abroad Discussion Questions: 1. How was Lincoln able to grow and prosper for so long in such a difficult commodity industry that forced out other giants such as General Electric, Westinghouse, and BOC? What is the source of Lincoln’s outstanding and enduring success? 2. Given this outstanding success, why did the internationalization thrust of the late 1980s and early 1990s fail? 3. What is your evaluation of the company’s internationalization strategy under Tony Massaro’s leadership? Is it likely to be more successful that the previous offshore initiatives? If so, why? 4. Should Lincoln go ahead with its investment in Indonesia? If so, what should be its entry strategy with respect to†¦show more content†¦Writing Assignment (Apple Group members need to do this): What do you think of Lincoln’s emerging international strategy by the mid-1990s? Does this company have a competitive advantage that can be transferred to the global environment? How is Massaro’s recent overseas initiative different from Lincoln’s earlier failed approach?ï » ¿Lincoln Electric: Venturing Abroad Discussion Questions: 1. How was Lincoln able to grow and prosper for so long in such a difficult commodity industry that forced out other giants such as General Electric, Westinghouse, and BOC? What is the source of Lincoln’s outstanding and enduring success? 2. Given this outstanding success, why did the internationalization thrust of the late 1980s and early 1990s fail? 3. What is your evaluation of the company’s internationalization strategy under Tony Massaro’s leadership? Is it likely to be more successful that the previous offshore initiatives? If so, why? 4. Should Lincoln go ahead with its investment in Indonesia? If so, what should be its entry strategy with respect to partnerships? Which compensation option would you recommend to Mike Gillespie as he considers the advisability of implementing the company’s incentive management system? Writing Assignment (Apple Group members need to do this): What do you think of Lincoln’s emerging international strategy by the mid-1990s? Does this company have a competitiveShow MoreRelatedStrategy Assignment : Lincoln Electric2135 Words   |  9 PagesStrategy Assignment : Lincoln Electric: Venturing Abroad 1. Lincolns competitive advantage lies mainly in its effective compensation and benefits system which put forth three main elements to spearhead the companys efforts. The trinity of elements comprised of piecework, bonus system and guaranteed employment. Piecework provided workers with a sense of autonomy in that now, workers can earn as much as they are willing to work for. The bonus levels in Lincoln far exceeded those of industry peersRead MoreKey Qualities Of An Effective Leader818 Words   |  4 Pagesleader builds team morale with persistence, vitality, and charisma (Manning Curtis, 2012). 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