conversation in the bars in Silicon Valley.
Class5
Jul. 30, 07
Lincoln Electric
Issues
Should they build factory in Indonesia?
How to should they do it? JV or wholly own
What should they do when they are in?
Element in Lincoln Incentives
Piecework
Bonus
Guaranteed employment
Limited benefits
Lincoln expansion history
US, Canada, Australia and France
Japan, EU and Latin America
Close Japan, Germany, Brazil and Venezuela
New CEO for new expansion in Latin America and Asia
Why do we need this?
To understand the background of the company and how this company developed
What is the right solution that match with company culture and history
Why Lincoln Electric has been so consistently successful?
Incentive management and its impact on loyalty and productivity
The fit with the culture and context of incentive system
Why has system worked well in some locations but not others?
American mindset, culture and values
Change in financial strategy? Expansion with debts or equities
How do they pick where to go? No clear strategy on where to expand just rapid expansion without any criteria... displayed 300 characters
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30, 07
Lincoln Electric
Issues
Should they build factory in Indonesia?
How to should they do it? JV or wholly own
What should they do when they are in?
Element in Lincoln Incentives
Piecework
Bonus
Guaranteed employment
Limited benefits
Lincoln expansion history
US, Canada, Australia and France
Japan, EU and Latin America
Close Japan, Germany, Brazil and Venezuela
New CEO for new expansion in Latin America and Asia
Why do we need this?
To understand the background of the company and how this company developed
What is the right solution that match with company culture and history
Why Lincoln Electric has been so consistently successful?
Incentive management and its impact on loyalty and productivity
The fit with the culture and context of incentive system
Why has system worked well in some locations but not others?
American mindset, culture and values
Change in financial strategy? Expansion with debts or equities
How do they pick where to go? No clear strategy on where to expand just rapid expansion without any criteria... displayed 300 characters
