We think you have liked this presentation. If you wish to download it, please recommend it to your friends in any social system. Share buttons are a little bit lower. Thank you!
Presentation is loading. Please wait.
Published byAryanna Griswell
Modified over 2 years ago
Nucor Corporation: Strategies & implementation Abhilash Prasad:
Case Study: Nucor steel Introduction: Video
Questions: Nucor Nucor’s strategies Five generic strategies Sustainable competitive advantage Policies and operating practices Recommendation
Nucor: Strategies The Grand Strategy Intensive horizontal integration Other Strategies followed by Nucor Concentric diversification Intensive concentrated growth approach Vertical integration
Nucor: Generic Strategies Best-Cost Provider
Main competitive advantage: Technology Innovating Castrip Best Cost Provider
Nucor: Policies and operating practices Strategic acquisitions Increase plant capacity Improve plant efficiency Employee relations
Recommendation Global growth through Joint Ventures Example: Ventured with Mitsui Corp in March 2010
Questions Thank You
Strategic Choices Professor Anastasia M. Luca, PhD MBA.
1. Adapt to Uncertainty and Change 2. Focus Attention on Objectives 3. Increase Coordination 4. Facilitates Control Functions of Planning.
CstM Management & Organization strategy & strategic management.
Strategic Management: Chapter 5 Strategic in Action Page 1 Strategy in action- Corporate Strategy Business Strategy Functional Strategy Chapter 5.
Prentice Hall, 2004Chapter 6 Wheelen/Hunger 1 Corporate Directional Strategies.
Company Mission and Social Responsibility Legend Major impact Minor impact.
Safety First. No one gets hurt on our shift today. Presented by: Erum Syed Mirza Ehtesham Napacha Suttitum Santid Panichapong.
I. Identification of Strategy (includes but not limited to SWOT) A. Firm Situation 1. General macro environment 2. Industry and Competitive analysis
Principles of Management Learning Session # 27 Dr. A. Rashid Kausar.
Recap… Part Four Growth and Change. Funding Growing Ventures We Learned… The role of the venture capital market The process associated with the initial.
1 UNIT 3: THE STRATEGIC MANAGEMENT PROCESS. The formulation and implementation of strategies to achieve corporate success. –The Strategy Position The.
Prentice Hall, Inc. © STRATEGIC MANAGEMENT & BUSINESS POLICY 11 TH EDITION THOMAS L. WHEELEN J. DAVID HUNGER CHAPTER 7 Strategy Formulation: Corporate.
Fundamentals of Strategic Advantage. The Strategic Cube Customer Power Supplier Power Present Competitors Potential Competitors Substitute Products COMPETITIVE.
STRATEGIC MANAGEMENT. The Dynamics of Strategic Planning Strategy Strategy –large-scale action plan that sets the direction for an organization Strategic.
Fundamentals of Strategic Advantage Oktalia Juwita, S.Kom., M.MT.
Session 5 Corporate Strategies. Corporate Strategies Stability strategy Development strategies –integration strategies –intensive strategies –diversification.
Corporate-Level and International Strategy. Introduction Corporate level issues.
STRATEGIC MANAGEMENT & BUSINESS POLICY 12 TH EDITION THOMAS L. WHEELEN J. DAVID HUNGER.
BPSM Types of Strategies. Classification of Strategies Once a company completes its mission formulation, environment scan & internal appraisal, it has.
Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved Chapter Strategic Training.
Preview 4 The strategic planning process. Basic Planning Process Missions and Goals External Analysis - Opportunities and Threats Internal Analysis -
3-1 Strategic Information Systems 3-2 Elements of Strategic Management Innovation Role of IT Competitive intelligence.
2 Current Stock Facts (NUE) Stock Price Market Capitalization 8.7B Beta1.64 EPS 7.02 DPS 0.6 P/E 6.3% Dividend Yield 1.1% Dividend Payout Ratio.
Strategic Management Defined: Set of managerial decisions and actions that determines the long-run performance of a firm.
Group 4. Corporate Strategy ◦ Growth Strategies ◦ Stability Strategies ◦ Renewal Strategies ◦ Evaluation and Change.
Topic 4 Long-Term Objectives and Grand Strategies.
Frontrunners in innovation and sustainable growth: cluster organisations in European regions - The Case of Denmark Anders Hoffmann, Ph.D. Director of Entrepreneurship.
Management Fundamentals Concepts Copyright © 2006 Thomson Business and Economics. All rights reserved. Skill DevelopmentApplications Robert N. Lussier.
Strategic Planning An Overview. What is it? ► A process which helps managers answer questions What changes are happening in the environment What products.
Strategic Position and Action Evaluation Matrix (SPACE)
1 MANAGEMENT Definition. Pg 8 –A process –Use of resources –A goal or goals –With other functions and people 14 –Continuous innovations and improvement.
Chapter 2 Strategic Training. Chapter 2 Internal Factors That Influence Training Work Roles of Different Employee Groups: Employee – Change from passive.
Grand Strategies Provide overall direction for the company Deal with most important aspects of the company’s operations –Products the company will manufacture.
Strategic Management The Strategy Process Prof. Dr. E.Vatchkova.
BBB Planning, Goals Strategic Goals & Loblaw Strategy1 The #1 job of Management… SETTING GOALS & OBJECTIVES u u PLANNING = “Corporate Strategy is what.
Tour Operations Management The evolution and growth of the Tour Operations sector Based on the UK case study (Morgan 2002)
BUS 599 Slingshot Academy / Tutorialrank.com Tutorialrank.com For More Tutorials
© Kernochan, 2006 Levels of Strategy Network/environmental, –cooperative CORPORATE diversification (related, unrelated) synergy vertical integration.
5 Chapter Foundations of Planning Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall 5-1.
Formulation. Formulation Overview Want to create a sustainable competitive advantage Grounded in current mission, objectives, and strategies Identify.
Copyright © 2008 The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Strategic Management: Text and Cases, 4e 6 Corporate-Level Strategy:
EXHIBIT 1 THE VALUE CHAIN. COMPONENTS OF THE VALUE CHAIN u Primary activities u Support activities u Upstream and downstream.
Strategic Marketing KotlerKeller. 2-2 Corporate Headquarters’ Planning Activities Define the corporate mission Establish SBUs Assign resources to.
MANAJEMEN STRATEGI dan KINERJA BISNIS FO312 Chapter 11 STRATEGI UMUM KORPORASI.
BUSI 321GOLDENCHAPTER 7 PLANNING Process of deciding what objectives to pursue during a future time period and what to do to achieve those objectives.
© All right reserved CSR POOL CONSULTNG. CSR Pool Model And Approach Advantages With Us Key Drivers Services Out Team Contact Us.
IDENTIFYING COMPETITIVE ADVANTAGES Three common tools used in industry to analyze and develop competitive advantages include: – Porter’s Five Forces Model.
Business Policy and Strategy Lecture Recap Revision of First 16 lectures 2.
Strategic Decision Making for Competitive Advantage Business strategies: Cost leadership – economies of size Differentiation – branding Corporate strategies:
© 2017 SlidePlayer.com Inc. All rights reserved.