COMM 1010: Individual Assignment Nucor in 2009 Case Analysis Hussein Savji B00575439 November 1‚ 2013 1. Key Issues and Decisions Being the head of a corporation is a task that requires increasing amounts of responsibility and intuition. The CEO of a corporation takes on the role of primary decision maker‚ though is influenced by many factors including employees‚ the situation of the market and the situation of the corporation. Any decisions he makes must benefit
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10 CASE Nucor Corporation: Competing Against Low-Cost Steel Imports ASSIGNMENT QUESTIONS 1. What are the primary competitive forces impacting U.S. steel producers in general and the producers like Nucor that make new steel products via recycling scrap steel in particular? Please do a five-forces analysis to support your answer. 2. What driving forces do you see at work in this industry? Are they likely to impact the industry’s competitive structure favorably or unfavorably? 3. How attractive
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Chapter 3 Case Synopsis: A Steely Resolve Nucor is a steel manufacturing company that makes steel by recycling used metals and reforming them into new beams and sheets. Nucor has long had a reputation as a good place to work‚ although its human resource management policies have generated some controversy. Employees are paid by how much they produce‚ the more they produce the more they make. Yearly bonuses are based on overall company performance. Employees can choose how hard
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after the countries like Japan and China came to the fore” (Economy Watch‚ 2010). This is one of the major trends that Nucor was realizing when it came to the Steel industry around the world. Steel was becoming a vastly used product in every developed nation around the continent. This would have a great impact on companies who did and did not produce steel from their beginnings. Nucor began to produce steel after the new CEO was installed. Kenneth Iverson was appointed as the new CEO from a similar
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How does the Nucor case illustrate the limitations of the simple organizational structure? 1.1 In this Nucor case‚ it illustrates that simple organization structure have their limitations. From this case we can see that Nucor only has three levels of management that makes the plant managers report directly to the CEO‚ and it makes the CEO hard to maintain the company using this simple structure and also hard to make decisions on trade battles. This is happened because the CEO can’t concentrate
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N ucor P reparation Questions 1. What have been the sources of Nucor’s competitive advantage so far (namely‚ up until 1986)? Do you think “business as usual” is likely to continue generating the same profits for Nucor? Why? 2. What are the technological risks associated with thin-slab casting? (What could go wrong and how bad would it be? You may find the spreadsheet posted with these preparation questions helpful here.) 3. What are the market risks associated with thin-slab casting? (What
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proportional manufacturing race of steel. The Goliath’s of the industry sitting fat and happy stuffing there corporate pockets full of cash while making deals with organized labor gave Nucor an opportunity to revolutionize the steel production industry. By paying attention to details like their employees and their customers‚ Nucor led by Iverson‚ put into practice common sensibilities that would propel them the twenty-first century of steel manufacturing. Collectively this book gives insights into leadership
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Case Synopsis: A Steely Resolve Nucor is a steel manufacturing company that makes steel by recycling used metals and reforming them into new beams and sheets. Nucor has long had a reputation as a good place to work‚ although its human resource management policies have generated some controversy. Employees are paid by how much they produce‚ the more they produce the more they make. Yearly bonuses are based on overall company performance. Employees can choose how hard they work
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Chp.16 Case1 1. One of the major organizational structure flaws in Nucor is that the plant managers report directly to the CEO. The limitation Nucor is facing in terms of organizational structure is the absence of chain of command. Chain of command should be implemented in Nucor’s organizational structure as it would enable plant managers to report to a superior employee who would have the authority and unity of command. This system would enable the superior employee to give orders to the plant
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strategies and actions impact Dell’s ability to achieve its growth objectives? 4. How should Dell change its business- and corporate-level strategies to enable growth and meet these challenges? Nucor 1. Perform a STEEP analysis to understand the general environment facing Nucor. How will Nucor be affected by external factors? 2. Use Porter’s Five Forces Model to analyze the steel industry in the US. Given this analysis‚ is the industry attractive or unattractive? 3. The steel industry
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