BUS 599 - nucor
1. Discuss the trends in the steel industry and how it may impact Nucor’s strategy.
2. Discuss the organizational structure and management philosophy at Nucor.
3. Identify three HRM issues related to strategy implementation and recommend actions to address these issues.
4. Based on the situation, recommend whether a related or unrelated diversification should be used by the company. Provide supporting rationale.
5. Based on your recommendation for related or unrelated diversification, identify the organizational structure issues that the company would need to address to implement that diversification.
Analyze strategies for exerting the internal leadership needed to drive the implementation of strategic initiatives and improve operating excellence.
Use technology and information resources to research issues in strategic management.
Discuss the trends in the steel industry and how it may impact Nucor’s strategy
There are some weaknesses in the global economy due to the fact that there is a shortage of demand. The only way the steel industry can survive is if the construction and automotive industry recover.