Strategic planning: The engine of change

Inland Steel Industries is a $3.5 billion corporation with two main businesses. The Inland Materials Distribution Group (IMDG) is essentially a combination of a metals “hardware store” for small machine shops and small users of steel, and a vehicle to provide customers with materials management services—just‐in‐time inventory and initial processing, for example. The IMDG contributes about $1.5 billion in sales annually. The other business is the Inland Steel Co., which focuses on manufacturing.