Plain Talk: Lessons From a Business Maverick - Summary at Blas.com
Ken Iverson took over Nucor when he was 39 and compounded the business at incredible rates for decades. On top of it, he did it in the steel industry which is not known for its attractive returns. Iverson lays out his management principles which center around employee trust and loyalty, decentralization, honesty, limited hierarchy and bureaucracy and aligning the employees and manager’s interest through partnership.
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