Nucor Case ADMN 4607 To: Michael Howe From: Suya Chen Yujing Liu February 13‚ 2013 Vision The major player in the U.S. steel industry. And change into the global steel industry (especially Asia market). Mission Nucor Corporation’s goal is to "Take Care of Our Customers.” they are accomplishing this by being the safest‚ highest quality‚ lowest cost‚ most productive and most profitable steel and steel Products Company in the world
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Managing Without Managers by Ricardo Semler Harvard Business Review Reprint 89509 HBR SEPTEMBER–OCTOBER 1989 Managing Without Managers by Ricardo Semler I n Brazil‚ where paternalism and the family business fiefdom still flourish‚ I am president of a manufacturing company that treats its 800 employees like responsible adults. Most of them—including factory workers—set their own working hours. All have access to the company books. The vast majority vote on many important
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How would you describe the culture of Nucor? Nucor seems to possess a secret in the business world‚ a lost art regarding to how to treat employees. To think that engineers and supervisors alike would sacrifice their weekends to help out a sister plant with a failing grid and not one person was asked by their direct manager to assist is an amazing healthy team culture. A performance driven company with a team building component that rewards the whole versus the minority only when they have been
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Nucor has many strength’s that lie within the company lines. They are the industry leader in innovation and minimization of pollution and production cost. They make sure to take each and every step necessary in order to reduce the exposure of pollutants to the atmosphere. This gives the company a lot of credibility in that it is not only worried about itself‚ but also its surroundings. Nucor is a calculated risk taking culture so they are not quick to jump the gun on any specific task. They assure
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Volume 12 Issue 2‚ pp 50-58 Does It Matter What Managers Do? Colin Hales After half a century of research‚ we now have a fair idea of what managers do. This differs both from the “heroic selfimage” idealisation and from the sanitised “management science” idealisation. Despite IT and all the talk of empowerment‚ management as a profession in its own right is‚ if anything‚ becoming more‚ not less‚ widespread. What managers do therefore matters simply because so many people are doing “management” as their
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Measurement‚ Nucor’s case study 1.Nucor performed very well because of choice of a successful strategy. The most significant part of it from the corporation’s point of view is that every plant worked as a single company. They had to show reports to the headquarters but all everyday events had to be solved inside the plant. It allowed the company to react fast for local changes. Another important point in the strategy is the level of wages. Basic payment of managers was quite low. They were granted
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What do people managers do? Who are studying for the professional exams of the Chartered Institute of Personnel and Development (CIPD)‚ describe the general role of people management as comprising specific objectives under four headings: staffing‚ performance‚ change management‚ and administration. Staffing objectives are firstly concerned with ‘getting the right people in the right jobs at the right times’ – i.e. the recruitment and selection of staff‚ but increasingly these days also advising on
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and they will not get refunds.” Now more of a family-oriented cruise with more fun-filled‚ exotic destinations that allow our guests to escape from everyday troubles Carnival now attracts more than one million people from around the world every year with a 98% approval rate Carnival does not believe that your students are unruly and disruptive‚ but I am sorry to inform that since there are no exceptions to this rule. I will not be able to assist you in your pursuit of finding a package deal at
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case study “Nucor in 2009”‚ Nucor’s business strategy can be categorized as cost leadership. There are clear evidence in the case that shows Nucor using an integrated set of actions to produce at the lowest cost‚ while still maintaining an acceptable level of quality compared to their competitors. In this critique‚ the Value-chain model will be used to illustrate how Nucor aligns their activities to this business strategy. I/ Primary structure Regarding Inbound Logistics‚ Nucor has a highly
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Case 1 – What Customers Don’t Know Won’t Hurt Them‚ or Will it? Sitting at her desk at the car rental shop where she worked‚ Elena couldn’t believe what she was hearing. Gripping the phone tightly‚ Elena listened as the head manager of the company’s legal department told her that a car that she had recently rented to a customer had blown a tire while the customer was driving on a nearby highway. Although the customer‚ Jim Reynolds‚ tried to maintain control of the vehicle‚ he crashed into another
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