Inco Case Summary

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By the early 1940s unions were eventually beginning to be acknowledged in Sudbury, which lead to the arrival of the United Steelworkers of America at Inco. This organization fought passionately for the mining workers, and were liable for resolving the health and safety disputes. Accordingly in 1941, unions had to provoke workers from striking due to the growing demand of nickel that arisen from the Second World War. This dissatisfaction ensued from a wage freeze by the national government, in addition to working extensive hours. Moreover, injury rates during the 1960s peaked with an annual rate of 13 casualties out of every 100 workers. Thus, Inco took acceptance and imposed better regulations to bring this rate down to only 4 casualties out …show more content…

When Inco was formed in 1902, the nickel market was fragmented alongside Le Nickel of France and England’s Mond Nickel Company. The merge in 1928 between Inco and Mond offered the company to construct an active monopoly. For roughly half of the 20th century, Inco was responsible for 88 percent of nickel sales worldwide with the outstanding share belonging to Falconbridge Nickel Mines. The reason for obtaining a resilient position in the nickel market early on was again due to the efforts of Stanley. Under his leadership, Inco had been the dominant provider in the industry, and independently controlled global nickel prices in which other producers would monitor. Hence, as competition started growing after the First World War, Stanley obstructed progression from other companies such as British America Nickel and Nicaro Nickel Company by dropping metal prices. In that case, Inco was able to identify their strengths and used them to their advantage for sustaining control in the nickel …show more content…

Based on the analysis shown above, Inco was able to effectively apply modern day strategies of management to survive throughout the 20th century. This pivotal establishment of contemporary expansion and industrial advancement was seen in various situations throughout its history. For instance, it was largely dependent as the sole provider of nickel to produce armaments – essential during wartime conditions. Its early phase of monopoly instigated Inco’s successful position as the world’s supplier of nickel, thus the company required intelligent administration to protect sales from new competitors. With the leadership of Robert Stanley, they were able to fight through various obstacles and this was assisted through his formation of nickel’s research and development department. Understanding this point, it displays how Stanley’s urbanized approach in conducting business, influenced the utilization of commodities entirely. Under his guidance, nickel was able to find new applications in a booming automobiles, and aircraft industry. Both these industries have come a long way since its origination, and Inco proved to be extremely essential of impacting the development. Furthermore, Inco’s ability to overcome issues concerning the labour force and environmental hazards demonstrates the company’s determination to

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