NUCOR CORPORATION Free Essay, Term Paper and Book Report
CASE BACKGROUND
For much of its century long history, Nucor Corporation and its predecessors displayed turbulent financial performance. Several attempts at a strategic realignment proved unsuccessful, and in 1965, the company faced insolvency. Since that time, however, the company has rallied around its steel operations to become the largest steel producer in the United States, with $12.7 billion in net annual sales. This exhibits Nucors development from an unprofitable conglomerate to a highly efficient enterprise. Specific focus on the evolution of the activity system underlying the organization lays the groundwork for systematic analysis of why some companies succeed while others fail. Nucor has seen long-term success in an industry that has not been all that successful as a whole. This is due much in part because of its development of good, unique strategies, but even more so the systems and processes that they have designed to encourage the employees to execute the strategy effectively. Much of their success is owed to Ken Iverson and his ability to create effective and effic......
Word Count: 2598
Page Count: 10.3 (250 words a page / double spaced)
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