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Nucor Corporation: Structuring for Efficiency and Effectiveness

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Nucor Corporation: Structuring for Efficiency and Effectiveness
Nucor Corporation Nucor Corporation is one of the largest steel producers in the United States, and the largest of the "mini-mill" operators (those using electric arc furnaces to melt scrap steel, as opposed to companies operating integrated steel works with blast furnaces). Nucor claims to be North America's largest recycler of any material, recycling one ton of steel every two seconds. Enterprise mission: decentralization management concept, pay for performance for the benefit of employees, the equal benefits, customer service and quality to meet customer demand, leading technology, quality of survival, to the credibility of development Enterprise target: hope to make your company the best steel plant the highest efficiency, global quality, even in suffering from foreign competition by the iron and steel industry, also can do employee job security, the development of the company thriving, while maintaining low cost to create the world's first class. External opportunities: a huge market demand for development of the United States of America and even the whole world and the iron and steel industry: the development of iron and steel production technology of iron and steel industry: as an important component of the national economic development of heavy industry has good government policy support. Making Threats: Japan, South Korea and other countries of the continuous development in recent years has been to catch up with the United States, increasing competition, pose a threat to the United States of America enterprise development; other countries such as Germany, Canada, the United States of America continue to occupy the market, also bring the competitive threat to the United States of America enterprise; due to the impact of economic crisis, make the world wide the economic downturn; labor market in recent years the deterioration of labor relations has come from Chinese cheap labor and foreign low-cost energy competitive pressure also pose a

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