Professional Documents
Culture Documents
Broward College
NUCOR ALIGNS CASE 2
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
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
The reward system of Nucor is used to encourage employees to work harder. It also used
tied to team-based incentives, every Nucor employee participates in a bonus or incentive plan
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.
NUCOR ALIGNS CASE 3
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
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
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
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