Nerves of steel in glocal challenge: ArcelorMittal's push and pull strategy
Abstract
Purpose
This article aims to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies.
Design/methodology/approach
The briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.
Findings
Creating the biggest steel company in the world is quite an achievement. Creating the conditions to ensure that the businesses within it restructure and merge into one coherent enterprise is a daunting task. When Arcelor and Mittal Steel merged in 2006, the new ArcelorMittal found itself with a genuinely global reach, with large workforces located in mature markets like the USA and Western Europe, as well as emerging markets, such as Brazil, China, Kazakhstan and Ukraine.
Practical implications
The article provides strategic insights and practical thinking that have influenced some of the world's leading organizations.
Originality/value
The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.
Keywords
Citation
(2011), "Nerves of steel in glocal challenge: ArcelorMittal's push and pull strategy", Strategic Direction, Vol. 27 No. 11, pp. 5-9. https://doi.org/10.1108/02580541111177485
Publisher
:Emerald Group Publishing Limited
Copyright © 2011, Emerald Group Publishing Limited