Do you think Kappmeyer should sign the proposal, and why?
I do not think Kappmeyer should sign the proposal because the USS is tying itself down to an
existing but dying down business model and technology. While Kappmeyer signed a $600
million two-phased investment to upgrade the company’s large Mon Valley steelmaking complex
which makes sense in the short-run does not make the most sense in the long run. It has been
commonly seen a main reason corporations fail is because they do not change or update their
ritual and routines in accordance with the developments in their markets or industry, which is
what USX was experiencing.