WEYMOUTH STEEL CORPORATION Case Overview: Weymouth Steel Corporation in September‚ 1990 is having a critical time in finding out the ways to communicate the bad and good news to its salaried employees. An erroneous selection of time and communication channel selection may demoralize the workforce completely resulting in a disaster for the company. The good news is that the company management has decided to increase the salary and benefits of almost all the salaried employees regardless of their
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ECONOMIC ANALYSIS OF INDUSTRY India Steel Industry Steel Companies in India The steel industry‚ in general‚ is on the upswing‚ due to strong growth in demand propelled particularly by the demand for steel in China. The world scenario coupled with strong domestic demand has benefited the Indian steel Industry. [pic][pic]During April-December 2004- 05‚ production of finished steel recorded a growth of 4 percent over the corresponding period of the previous year to reach 28.3 million tonnes
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INTRODUCTION Tata Steel‚ formerly known as TISCO and Tata Iron and Steel Company Limited‚ is the world ’s sixth largest steel company‚ with an annual crude steel capacity of 31 million tonnes. It is the largest private sector steel company in India in terms of domestic production. Ranked 258th on Fortune Global 500‚ it is based in Jamshedpur‚ Jharkhand‚ India. It is part of Tata Group of companies. Tata Steel is also India ’s second-largest and second-most profitable company in private sector
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Press clippings Indian steel industry plays a significant role in the country’s economic growth. The major contribution directs the attention that steel is having a stronghold in the traditional sectors‚ such as infrastructure & constructions‚ automobile‚ transportation‚ industrial applications etc. Moreover‚ steel variant stainless steel is finding innovative applications due to its corrosion resistive property. India is the fifth largest steel producer at the global front and struggling to become
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TQM in Steel Industry MANGT 810‚ Spring 2014 Instructor: Dr. C. Sheu Student : Aparna Lohiya‚ Jiayi Outlines of the paper 1. Introduction 1.1 Review the concept of TQM‚ Six Sigma and Lean manufacturing 1.2 Review current problems in Steel Manufacturing Industries 1.3 Purpose of the paper 2. TQM Implementation 2.1 Introduce the current TQM implementation practice in the Steel Industry 2.2 Benefits of TQM implementation in Steel Industry 2.3 Hurdles or challenges in implementing
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..............1 1.1 What is Market Structure Analysis? ...........................................1 1.2 What is Steel? .............................................................................1 1.3 History of Steel ...........................................................................2 1.4 Early Market Structure of the Steel Industry ..............................2 1.5 Current Market Structure of the Steel Industry ...........................4 II. What caused the change? ...
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AP World History Summer Reading “Guns‚ Germs and Steel” A.) In the Prologue of Guns‚ Germs‚ and Steel by Jared Diamond‚ a local politician name Yali asks Jared Diamond a question‚ the answer to it is explain throughout the rest of the book. His question‚ “‘Why is it that you white people developed so much cargo and brought it to New Guinea‚ but we black people had little cargo of our own?’” By this‚ Yali wants to know why the advancements in some areas are greater than in others‚ why there are
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WEYMOUTH STEEL CORPORATION Weymouth Steel Corporation is currently in the sort of dilemma which may turn into a disaster for the company. However‚ given the situation if the top management is able to inspire its employees (who survive this downsizing) with a vision and hope for the rejuvenation of the company; this dilemma can easily become a pivotal time for its success. Once the bad news is broken and the downsizing process starts‚ stress is inevitable; for both the employees who will be terminated
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especially for welding of stainless steels‚ aluminum and magnesium. In stainless steel industry‚ TIG welding has an important role on joining thin sheets‚ tubes and pipes. Depending on this important role‚ the mechanical behaviours of TIG welded joints and criteria affecting these behaviours are the main cared subjects in industry to obtain products with less failure and use them for longer service times. Mechanical behaviours of TIG welded joints in stainless steels are also the main subject of the
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According to dictionary.com‚ a steel pan is a percussion instrument originating in Trinidad‚ made out of an oil drum with one end beaten down and divided by grooves into sections to give different notes. Though steel pans (steel drums) were created on the Caribbean island of Trinidad in the 1930s‚ the steel pan history can be traced back to the enslaved Africans who were brought to the island during the 1700s. They carried with them elements of their African culture including the playing of hand
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