Question: The emphasis on centralized decision - making and a very lean corporate staff. Employing incentive compensation practices that generously rewarded workers, greatly boosted labor productivity,
The emphasis on centralized decisionmaking and a very lean corporate staff.
Employing incentive compensation practices that generously rewarded workers, greatly boosted labor productivity, and lowered labor costs per ton of steel produced.
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Virtually all tons produced were shipped out within weeks to customers and, consequently, finished goods inventories at Nucor plants were relatively large.
Employees were only communicated what they needed to know goals objectives, etc
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