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Authors: Tom Brown
Published by: Harvard Business Publishing
Published in: "Harvard Management Update", 1998
Length: 3 pages

Abstract

In this interview with Tom Brown, Ken Iverson, chairman of Nucor Steel and author of Plain Talk: Lessons from a Business Maverick, shares his insights on managing simply. Keeping management simple has enabled Iverson to transform Nucor into the second-largest producer of steel in the United States, while also pioneering industry innovations. Some of his key beliefs are: hierarchy must be eliminated; general managers must be granted the trust and freedom to operate efficiently; and workers must be vested in the success of the business.

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Abstract

In this interview with Tom Brown, Ken Iverson, chairman of Nucor Steel and author of Plain Talk: Lessons from a Business Maverick, shares his insights on managing simply. Keeping management simple has enabled Iverson to transform Nucor into the second-largest producer of steel in the United States, while also pioneering industry innovations. Some of his key beliefs are: hierarchy must be eliminated; general managers must be granted the trust and freedom to operate efficiently; and workers must be vested in the success of the business.

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