Nucor Corporation (A) We are a cyclical business... Basically when you are at the peak of the cycle—times are good‚ interest rates are low‚ people are building—our margins increase. When we go to the trough‚ of course‚ the margins are squeezed. But over the last 25 years Nucor has never had a losing quarter. Not only a losing quarter‚ we have never had a losing month or a losing 1 week. —John D. Correnti‚ President and CEO‚ Nucor In 1998‚ Nucor was a Fortune 500 company with 6‚900 employees
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Nucor Corporation is made up of 11‚500 teammates whose goal is to "Take Care of Our Customers." We are accomplishing this by being the safest‚ highest quality‚ lowest cost‚ most productive and most profitable steel and steel products company in the world. We are committed to doing this while being cultural and environmental stewards in our communities where we live and work. We are succeeding by working together. Nucor ’s History Nucor Corporation is the largest steel producer in the United
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Summary Nucor is an industrial steel company headquartered in Charlotte‚ North Carolina. They are aninnovative and lean company operating with safety in mind and a goal of returning investmentsto stockholders. There management system is extremely lean and consist of 5 levels. Nucor is a highly segmented and independent company. They benefit from each manager operating there segment as its own business entity. This prospective allows Nucor to maintain ahigh degree of entrepreneurship throughout its
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238 PART 3 THE ROLE OF THE MANAGER MANAGERS’ ATTITUDES TOWARDS PEOPLE The way in which managers approach the performance of their jobs and the behaviour they display towards subordinate staff is likely to be conditioned by predispositions about people‚ and human nature and work. Drawing on Maslow’s hierarchy of needs model (which is discussed in Chapter 12)‚ McGregor put forward two suppositions about human nature and behaviour at work. He argues that the style of management adopted is
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nd nd 2 INTERNATIONAL CONFERENCE ON BUSINESS AND ECONOMIC RESEARCH (2 ICBER 2011) PROCEEDING WHAT IT TAKES TO BE A MANAGER: THE CASE OF MALAYSIAN FIVESTAR RESORT HOTELS Rozila Ahmad (rozila@uum.edu.my) Noor Azimin Zainol (azimin@uum.edu.my) Universiti Utara Malaysia Sintok‚ 06010 Kedah ABSTRACT This article investigates the requirement for managerial posts in five-star resort hotels in Malaysia. Despite the growth of hotel industry in Malaysia‚ academic literature especially qualitative
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Title: managing people as illustrated in a well-known‚ publicly documented company (Chinese or Western) and analysed according to Managing people ideas and concepts For : Phil Shelhaas Date of submission: 16th December‚ 2011 (Word count: 2800 words) Content Summary 2 1.0Introduction 3 2.0People management in Lenovo China 3 2.1Introduction of Lenovo China 3 2.2Approach of People management in Lenovo China 4 2.2.1Overall approach 4 2.2.2System of rewarding
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Nucor at a Crossroads Background of the US steel industry In 1986 total domestic steel consumption in US was 90 million tons‚ this comprised of 69 million tons of domestically produced steel and 21 million tons imported. Post 1979‚ the demand for steel started falling year on year due to stagnation of many steel-intensive industries‚ particularly construction and availability of substitutes such as aluminium‚ plastics and advanced composite. US Steel makers | Integrated | Mini mills |
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Case Background The Industry Nucor Corporation has been moving in a very challenging industry which has faced various problems in recent years. The steel industry experienced slowed demand for steel which resulted from substitution of alternative materials. Furthermore‚ it also had to cope up with increased foreign competition and strained labor relations. But despite all these obstacles‚ Nucor Corp. still managed to have a five-year sales growth average of 23%‚ which is 11 percentage points
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University of Sunderland Faculty of Business and Law Masters of Business Administration Managing Change & Leading People PGM02 "Impact of Organisational culture on role and responsibilities of the managers within the organisation" (Word count 2900 / Word limit 3000) Haque‚ A. U. 139________ According to Schein (2004) the core concept of organisational culture is developing an atmosphere and the procedures are created to ensure that employees are properly managed. Glendon and Stanton elaborate
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Managing People and Organisations COLOPLAST A/S – ORGANISATIONAL CHALLENGES IN OFFSHORING 14 July 2010 Word Count - 4072 Contents 1. Executive Summary 4 2 .Introduction 5 2.2 Coloplast Products and Revenue Contribution in Percentage. 5 2.3 Distribution of Global Sales 6 3. External Environment of Coloplast 6 3.1 Reimbursement Policy Change 6 3.2 Ruling and Opposition Parties 7 3.3 Medical Science Advancements 7 3.4 Labour Laws 7 3.5 Harmonization of health care systems
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