Major HBR cases concerns on a whole industry, a whole organization or some part of organization; profitable or non-profitable organizations.
A A Contents 1. A Case Study Review: Strategic Competition of Nucor Corporation 1. Nucor was among the first steel companies in the United States to use electric arc furnaces to melt recycled steel primarily from junked automobiles.
The report further referred about the success of Nucor based on the five most apparent values in Nucor, which is the decentralized management philosophy, performance based compensation, egalitarian benefits, customer service and quality, and technological leadership. A limitation for Nucor is the inability to address environmental concerns and achieve corrective milestones, and is one of the top ranked polluters of waste toxic.
Much of the drawback of this study is the lack of a quantitative strategic method leading to an accurate decision making. In summary, Nucor has long been the biggest steel producer in America.
Its business portfolios are mainly in joist girders, scrap steel, steel mills, steel fasteners and deck. Nucor traces its origins to auto manufacturer Ransom E. Through a series of transactions, the company Olds founded eventually became, inNuclear Corporation of America.
Nuclear bought several companies over the next few years, including a South Carolina maker of steel joists and joist girders called Vulcraft Corp. The new management quickly sold many of the company's wide-ranging operations to focus on profitable Vulcraft.
A bar mill opened in Darlington, South Carolina, in The first of several regional bar mills, it became the prototype for today's vast mini-mill industry and launched Nuclear Corp.
They are as follows: By using the PEST model, the variables of politics, economy, society and technology can be better understood. The government took anit-dumping measure to restrict overseas imports into US.
Other advances include advanced metallurgical practices, and process control sensors and refinements in casting and rolling. Research development costs must be recouped. Such overseas markets require much persuasion and acceptance before implementation.
Nucor manages to increase its growth capacity and economies of scale by improving on the process of rolling and cutting. At the mature stage, sales tend to level out due to competitors entering the markets with even newer innovative products.
This can be done by giving added value or base discounts to their long- term customers. Salesperson demonstrations and account tracking would be required.
For example, the automobile industry is continually looking for lower prices, but in competition with plastics, steel seems to be faring worse. Registration of manufacturing process rather than products is more useful. Many such products would slowly decline, and with international markets supplying these cheaper and better steel, sales and profits would drop resulting in: PorterCompetitive Strategy, Free Press 5.
Much of the customers in North America are consolidated, and servicing these segments is imperative that leads to: It is difficult to keep old customer and win new ones if buyers control the distribution channels.
Individual Case Analysis BUS Comprehensive Examination Nucor Steel Corporation Written by: Lukas Kubilius Professors: Bonnie J. Straight Julian J. Prewitt Lithuania Christian College 2 March Overview of situation Nucor Corporation with 24 plants/divisions and 8, employees, operated in nine states recycling more than 10 . Strategic Analysis of one of America's leading Steel Giant Nucor. This strategic analysis presents: 1. Porter's Five Forces to determine the Steel Industry in USA market. STEP 5: PESTEL/ PEST Analysis of Nucor Steel Case Study Case Solution: Pest analyses is a widely used tool to analyze the Political, Economic, Socio-cultural, Technological, Environmental and legal situations which can provide great and new opportunities to the company as well as these factors can also threat the company, to be dangerous in future.
With better credit and storage facilities, Nucor can move up the value chain and retain old customers. They must predict how steel prices or demand will be in foreign lands.
The primary consideration for substitutes are: Steel is a standard homogenous product and is easily copied. Some substitutes like aluminum maybe a poor alternative to steel, but is still a threat in the lighter industries.Nucor Corporation – Case Study and Recommendations on Strategy Nucor Corporation – Case Study and Recommendations on Strategy Introduction Nucor Corporation: Competing against Low Cost Steel imports deals with leading steel manufacturer Nucor Corporation and trends in the steel industry affecting Nucor.
Foreign steel producers with few market opportunities abroad were dumping steel in the U.S market at cut- rate prices. In commerce department concluded that steel companies in six countries had illegally dumped stainless steel in the United States at prices .
This case examines Nucor's 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 Corporation – Case Study and Recommendations on Strategy Nucor Corporation – Case Study and Recommendations on Strategy Introduction Nucor Corporation: Competing against Low Cost Steel imports deals with leading steel manufacturer Nucor Corporation and trends in the steel industry affecting Nucor.
Steel manufacturing is an old. The cash flow analysis by which Nucor adheres to has relatively few requirements to undertake a new investment. The first must be that new plants are supposed . Nucor Case Analysis - Download as Word Doc .doc /.docx), PDF File .pdf), Text File .txt) or read online.
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