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    Nucor Rochelle India Limited (NRIL)

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    Rohan
    Nucor Rochelle India Limited (NRIL) is a Norwegian manufacturing company founded in Mumbai in 1953. It has manufacturing operations in three Indian states and saw 20% annual growth between 2009-2012. Veer Vaibhav joined NRIL in 2008 during an economic downturn. He implemented several transformations, including focusing on consumer needs, paying employees based on performance, and adopting new technologies while removing unnecessary ones. Vaibhav also emphasized servant leadership through employee involvement, satisfaction, and responsibility towards stakeholders. His leadership style was transformational and innovative in approaching new markets and product development.

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    Nucor Rochelle India Limited (NRIL)

    Uploaded by

    Rohan
    123 views7 pages
    Nucor Rochelle India Limited (NRIL) is a Norwegian manufacturing company founded in Mumbai in 1953. It has manufacturing operations in three Indian states and saw 20% annual growth between 2009-2012. Veer Vaibhav joined NRIL in 2008 during an economic downturn. He implemented several transformations, including focusing on consumer needs, paying employees based on performance, and adopting new technologies while removing unnecessary ones. Vaibhav also emphasized servant leadership through employee involvement, satisfaction, and responsibility towards stakeholders. His leadership style was transformational and innovative in approaching new markets and product development.

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    Nucor Rochelle India Limited (NRIL) is a Norwegian manufacturing company founded in Mumbai in 1953. It has manufacturing operations in three Indian states and saw 20% annual growth between 2009-2012. Veer Vaibhav joined NRIL in 2008 during an economic downturn. He implemented several transformations, including focusing on consumer needs, paying employees based on performance, and adopting new technologies while removing unnecessary ones. Vaibhav also emphasized servant leadership through employee involvement, satisfaction, and responsibility towards stakeholders. His leadership style was transformational and innovative in approaching new markets and product development.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    123 views7 pages

    Nucor Rochelle India Limited (NRIL)

    Uploaded by

    Rohan
    Nucor Rochelle India Limited (NRIL) is a Norwegian manufacturing company founded in Mumbai in 1953. It has manufacturing operations in three Indian states and saw 20% annual growth between 2009-2012. Veer Vaibhav joined NRIL in 2008 during an economic downturn. He implemented several transformations, including focusing on consumer needs, paying employees based on performance, and adopting new technologies while removing unnecessary ones. Vaibhav also emphasized servant leadership through employee involvement, satisfaction, and responsibility towards stakeholders. His leadership style was transformational and innovative in approaching new markets and product development.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 7

    Nucor Rochelle India Limited

    (NRIL)
    Case Insights

    ● Nucor Rochelle India Limited is a Norwegian global diversified industrial


    manufacturing company
    ● It was founded in Mumbai in the year 1953
    ● In 1977,it became a public company by getting listed on both NSE and BSE
    ● NRIL delivered its products and services directly or through distributors to
    customers around the globe
    ● By 2013, NRIL operated out of 18 locations in India with local manufacturing
    operations in Sangli(Maharashtra), Rudrapur(Uttarakhand) and Solan(Himachal
    Pradesh)
    ● NRIL had recorded a 20% CAGR between 2009 to 2012
    ● Veer Vaibhav joined NRIL at the height of the economic downturn in December 2008
    Modifications at NRIL by Veer Vaibhav
    Lessons from transformation of NRIL

    ● Consumer needs and demands should be the primary focus of the company
    ● Payment based on performance increase the commitment level of employees
    ● Simple and efficient reward and recognition also motivates employees
    ● To achieve breakthrough solution it becomes necessary to achieve breakthrough
    solutions
    ● The talks with the senior leaders regarding the future plans of the organisation
    plays a vital role.
    Veer Vaibhav’s Leadership style

    Transformational leadership style:


    ● Focused on being innovative and convergent
    ● Approach to new markets
    ● Product development
    ● Getting rid of unnecessary technologies and adopting new ones
    Servant leadership style:
    ● Employee involvement and satisfaction
    ● Responsible towards employees, customers and shareholders
    ● Emotional intelligence and cognitive skills
    ● More involvement in innovation, higher engagement, positive impact
    Suggestions

    ● Keeping in mind the company's culture and requirement while recruiting and also
    while promoting the employees
    ● Training sessions on company’s ethics and values
    ● Workshops and activities should be conducted to create importance of promoted
    structure
    ● Creating a powerful enough guiding coalition: Shared commitment with
    involvement of maximum number of employees would be a sustainable solution
    ● Anchoring changes in the Corporation’s Culture: Any transformation needs to be
    rooted in social norms and shared values, to avoid degradation resulting from
    pressure
    Thank You

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