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NUCOR ALIGNS CASE 1

NUCOR Aligns Company Case

Iqra Wali Mohammad

Broward College
NUCOR ALIGNS CASE 2

NUCOR Aligns Company Case

One of the key of management have been categorized into four parts of planning,

organizing, leading, and controlling (the P-O-L-C framework). NUCOR incorporate the P-O-L-C

framework in the day to day business activity. Align company goals with employee goals and

give employees real power to make things happen.

NUCOR employees are like the owner of the business accomplishing the company’s goal

and vision statements “taking care of our customer” that is the organization aim and aspirations.

NUCOR encourage its employees everyday encouraging settle things that they see wrong and

making executive decision. NUCOR employees work together as a team to accomplish the

company’s goals. Management listens to lower level employees and routinely implements their

new ideas.

NUCOR employees are the highest paid steelworkers in the world. NUCOR did not lay

off any workers or reduce their benefits when it suffered a loss in 2009. Also, employees do not

have to work overtime, they volunteer for it. Nucor Steel, with 7000 non-union employees and

nearly $4.5 billion in sales, is one of the few remaining steel companies in the U.S. to remain

competitive in its industry. It focuses on two clear goals: building steel manufacturing facilities

economically, and operating the facilities productively.

The reward system of Nucor is used to encourage employees to work harder. It also used

to evaluate workers’ performance. Although production workers’ performance is most closely

tied to team-based incentives, every Nucor employee participates in a bonus or incentive plan

that emphasizes performance. 

Who would not want to work for a company who takes care of its employees like that.

NUCOR company just doesn’t look at the profit but, also takes care of its staff and environment.
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People should start reconsidering about their dream job because NUCOR has proved that no job

is big or small. The secret of motivating people is money. If you give your employees a bonus of

15 percent, of course they like it, or 20 percent, even 25 percent, of course they love it. In good

times, when business is booming, every employee –from a receptionist to the CEO — shares in

profits. Conversely, during downtimes there’s sharing, too. The company doesn’t lay off

employees, but shuts down its production lines for one or two days a week. Salaried executives

still work, but hourly employees aren’t required to. Another key to Nucor’s success is the

simplicity of its incentive system for example, if every employee tries to understand and see how

an incentive plan affects each week, then it can succeed. If not for any reason, it won’t be

working for a long period.

NUCOR is running a very successful business however; its pay systems need to align

company culture. The high management should try to fix the pay system when it is not fit with

the current business strategy. Although, changing the internal culture is a wrong idea because it

is implant in the employees’ minds. The confusion can make the growth of the company

inactive.

In today’s world, we recognize that our local, state and federal governments play a

significant role in determining whether we operate in an environment that encourages

manufacturing investment. That is why NUCOR is actively involved in issues important to

America’s manufacturers, including trade, energy, infrastructure, and regulations and taxes.

I believe this is one of the most successful and a profitable company to work for. I look at my

employees’ as family and I would want to keep my company go as highest as it could be. If I get

a chance to work or if I should recommend anyone to work for NUCOR, I will recommend

people with a five-star rating.


NUCOR ALIGNS CASE 4

References

Smith.G. (n.d.). How Nucor Steel Rewards Performance and Productivity. Retrieved from

http://www.businessknowhow.com/manage/nucor.htm

Carpenter.M. (2010). Case in Point: Nucor Aligns Company Goals with Employee Goals.
Retrieved from http://catalog.flatworldknowledge.com/bookhub/reader/6?e=fwk-127512-06cases

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