...University Rafael Esparza MGT545 – Leadership Practice & Theory Carlos Slim Helu Professor Wayne Gru Content Background Followers and Situation Contextual and Operational Leadership Motivational approach Theories and models Social Responsibility and Ethics Lessons learned Carlos Slim Helu Background Carlos Slim comes from a very modest background and he is a caring man who is helping others not as fortunate as himself by way of empowering them with a skills set and employment. Julian Slim, a Lebanese immigrant and Carlos’ father, began acquiring real estate in Mexico City during the revolution of 1910. As a result, at the young age of 12 Carlos began to exhibit a great interest in numbers and even began buying shares of Banco de Mexico. At the age of 13 his father passed away and Carlos, along with his family, found themselves struggling. Knowing he needed to do something he decided to enroll at the Autonomous National University of Mexico (UNAM) and study civil engineering. After graduation he delved into teaching mathematics and linear programming for a few years. Later he incorporated his first business, a stock brokerage firm called Inversora Burastil. That same year he married Soumaya Domit; in future business ventures he combined the first letters of their names and created his holding company Grupo Carso (Academy of Achievement). Carlos has six children (three sons and three daughters) Carlos Jr., Marco Antonio, Patrick, Soumaya, Vanessa and Johanna. He employs...
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...being that has accomplished being successful in a job that they love to do and excel at. Much can be said about one such entrepreneur whose name is Carlos Slim; he fits the definition of a very successful entrepreneur. A family man, surrounded with education since childhood, Slim constantly proved the importance of school and taking risks. In the early 1900’s his father “escaped the Ottoman Empire to avoid being forced into the army at age 14” (“Carlos Slim Helú Biography”). Good thing he did too, perhaps he would have never had been the father of the most successful entrepreneur in the world. Success to most people might mean a load of money, and although it is true money is a part of success, the true success Slim swims in is that of doing something he is good at, and makes a living from it. Throughout his life he displayed the characteristics of determination, perseverance, and a pleasant humble attitude. Slim proves that to get to the top, you have to be determined of what your dreams are, stay optimistic even when things do not look so bright, and when your dreams pull through in the end, stay humble. The life of Slim has not always been the brightest, but even through the dark times in his life and the brightest ones, by keeping those three characteristics, he pulled through the bumpy road of his life. Much like his father, Carlos is very intelligent, good with numbers, owning/fixing up businesses and making them worth a lot more money. It is true success that he indeed made...
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...and the Balzac’s belief may indeed be reinforced yet disproven. To illustrate a profit-oriented approach to business and support Balzac’s point, there is no one better to focus upon than the world’s richest man, Mr. Carlos Slim Helu. Slim, as he is called by many, is indeed the epitome of an earnings focused entrepreneur. Dissimilarly, the entrepreneur of choice to almost completely contrast this business approach would be the late Paul Newman, a man whose humanitarian zeal is beyond admirable. Slim’s beginnings derive from a moderate Lebanese-Mexican family. As a young person, his father Julian taught him valuable economic principles. Julian required Slim to record all his childhood purchases and expenses on notebooks. Slim presently still retains some of them on one of his office’s shelves (Mehta, 2007). He retains those lessons to this very day and has passed them forward to his children. The basic ideal of saving, developing his own niche, finding business bargains and then act accordingly comprise the foundation of Slim’s knowledge base. These principles have, in turn, lead to a ruthless business approach and an unprecedented level of professional success, the likes of which are without equal in modern society. The business interests of Mr. Slim Helu are vast and wide. They expand far beyond that of his native Mexico and pervade all of South America. The Telegraph, the online version of one of the United Kingdom’s more storied newspaper publications, states...
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...surprisingly, top the list of 40 developed countries with the best education systems. Hong Kong, Japan and Singapore follow. The rankings are calculated based on various measures, including international test scores, graduation rates between 2006 and 2010, and the prevalence of higher education seekers.” www.huffingtonpost.com (2012). Mexico however has one of the richest men in the world Carlos Slim. Mexico does not rank in the top 20 countries according to the report by the education firm Pearson. What then considers someone to be part of the one percent? Is it their drive, determination, their political ties, was the wealth inherited? Carlos Slim came from a wealthy family, but the financial foundation that his father created in him gave him the most profit. His father had him start his own financial statements and savings book since Carlos was 11 years old, which he still has today. If looked at closely, most of the one percenters have a great financial foundation from a young age. Being able to adjust to new Hi-Tec communications and the influence of the internet was one of Carlos Slim greatest wins. He invested in and bought out a lot of the communication companies that were in Mexico, to stay ahead of the booming dot com era. Most of the one percent contributes millions of dollars yearly to charities and non-profit organization. Whether be to cut down on what the pay in taxes because most of those types of contributions are...
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...in bacteria and archaebacteria. 6. During his exile, who informed Rizal about the plans of Andres Bonifacio for an armed struggle against Spain? Dr. Pio Valenzuela was Bonifacio’s emissary to Rizal in Dapitan. 7. Malignant neoplasm is another term for _________. Cancer refers to diseases involving abnormal cell growth that has become progressively worse. 8. What is the opposite of economic recession? Recession is when an economy declines. And economic boom happens when the economy is thriving. 9. A __________ is an optical device that projects an image of its surrounding on a screen. This invention came out during Aristotle’s time and lead to modern cameras. 10. Who is the world wealthiest man as of March 2013? Carlos Slim Helu and Family has an estimated net worth of $73 B as of March 2013, beating Bill Gates who has $67 B 11. This type of cyclone has wind speeds ranging from 63-118 kph. Cyclones can be categorized as: Tropical depression – wind speed < 63 kph Tropical storm...
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...Carlos Slim Swimming Against the Tide Carlos Slim Helú was born on January 28, 1940. He is a Mexicanbusiness magnateandphilanthropist who is currently ranked as therichest person in the worldin 2012. Slim has beenranked the richest person in the world since 2010. His extensive holdings in a considerablenumber of Mexican companies through hisconglomerate,Grupo Carso,SA de CV, haveamassed interests in the fields of communications, technology, retailing, and finance. Presentlyhe is the chairman and chief executive of telecommunications companiesTelmexandAméricaMóvil. Carlos Slim was born inMexico City,Mexico in 1940 toMaroniteChristian parents Julián SlimHaddad and Linda Helú, both of Lebanesedescent. His father, born as Khalil Slim Haddad,immigrated to Mexico at the age of 14 in 1902 and changed his first name to Julián. As it wasnot uncommon for Lebanese children to be sent abroad before they reached the age of 15 toavoid being conscripted into theOttomanarmy, four of Haddad's older brothers were alreadyliving in Mexico at the time of his arrival.Carlos Slim's mother, Linda Helú, was born in Parral,Chihuahua,of Lebanese parents who hadimmigrated to Mexico in the late 19th century. Her parents upon immigrating to Mexico hadfounded one of the first Arabic language magazines for theLebanese-Mexicancommunity, usinga printing press they had brought with them. In 1911, Julián established adry goodsstore, La Estrella del Oriente (The Star of the Orient). By1921, he had purchased...
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...CARLOS SLIM HELÚ Carlos Slim Helú is a Mexican business magnate, investor, and philanthropist known as the richest man in the world by Forbes magazine since 2010. To know how he become what now he is and his philosophy we need to see a little bit about his early life. Carlos Slim Helú was born on January 28, 1940 in Mexico City. He received his first business lessons in early childhood, as Don Julián gave each of his children a savings book with their usual weekly allowance in order for them to learn to manage their income and expenses. They reviewed this book with him, analyzing their expenses, purchases and activities, and by following this rule Don Julián’s children managed their finances and developed their own wealth. From that time investment and savings were part of young Carlos’s life, becoming his first lesson in business, which he soon put into practice by opening his first checking account and buying shares of Banco Nacional de México when he was only 12 years old, a quality that many entrepreneurs show in adult life. Since 1961 (when he graduate from university) until now has been managing, selling, crating and buying many companies but most remarkable thing is that he has never close anyone of them, opposite to that, he has created many jobs specially in his country Mexico. He has been involved in many criticism because of his fortune and the purpose of its. Well it’s not secret that when you are rich people wonder what you will do with all the money because you...
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...Name: Lucy Adamyan Subject: Business English Group: 5 Course: 4 IBS-M, RANEPA Essay If you had Carlos Slim money, what kind of business would you buy and what kind of lifestyle would you lead? Carlos Slim is a Mexican billionaire and the world’s richest or second-richest man, with a fortune estimated to be in excess of $67bn. Aged 11, he began his commercial activity from investing in government saving bonds. Then he became a shareholder of Banco Nacional de Mexico, set up own investing company as a stockbroker participating is fire sale of assets during crisis which resulted in owning wide range of retail outlets and manufacturing businesses. He has recently seized control of telecommunication companies operating in all Latin America. Carlos Slim’s experience as a successful investor provides us with an example of overall business strategy that usually works out: investing in distressed assets during global recession that will recover fast during next phases of economic cycle. Therefore, if I had Mr. Slims money, I would partially follow his investing strategy. The most long-lasting financial and economic crisis in recent history has not passed yet, and that’s why taking advantage of global recession with perspectives for the future is the best strategy of employing capital. But there is one thing that I would change: the spheres and regions of investing. Being the richest person in Russia, I would invest only in Russian assets. The first part of capital...
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...moment was something you’d like to happen in the future no matter how far-off or crazy it might be. It was like a goal of some sort, but it’s just something conjured up to tickle the imagination. We didn’t dwell on that for long, for the conversation reverted to Harry Potter’s new adventures and the movie that were about to watch that afternoon. I totally forgot it, until a kabarkada now based in Seattle shared her own life-defining moment through e-groups, after that friend of mine (whom I watched the movie with) shared a brand-new one. They were all seeing themselves as successful IT Professionals in power suits rushing from their pad to their office in Manhattan’s Upper West Side. They were either carrying Loius Vitton bags or their slim Compaq notebooks, while talking with a client on their top-of-the-line mobile phones and the, most expensive Armani shades protecting their eyes from the glare of the sun. Another friend saw herself making her way through an airport to catch her direct flight to London and eventually being seated beside a terribly good-looking classmate back in Wharton Business School, their small talk eventually leading to dinner and an invitation to join him on a cruise in Bahamas. One saw herself managing her own café down Central Park, with...
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...else so distant, it become as though there was a deep chasm among him and the others, despite the fact that they have been just a few metres away. "certain you gained' join us?" Slim enquired; he took off his hat and tested it in brief. "Come on...
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...The purpose of advertising is to catch the consumers’ attention and motivate them to buy a certain product. Though this seems like a harmless business technique, it often includes secret manipulative devices that fool viewers into buying their products. A typical advertisement will strive to convey a positive and upbeat nature. Even though advertisements may come off as optimistic, they have the ability to create a reverse effect on the viewer. Advertisements commonly create a sense of dissatisfaction or unhappiness within a consumer by portraying certain desirable circumstances. Advertising is manipulative because it uses various techniques to target the insecurities and desires of an audience. One of the main goals of advertising is to target insecurities within an audience. They do this by using celebrities and other attractive people to market their products. Using celebrities in advertisements can target insecurities by creating a certain image that is considered “acceptable” or “ideal”. This manipulative technique makes the viewer feel inadequate and may ultimately convince them to buy the product. Advertisements that use famous or attractive people as marketing icons often create unrealistic expectations within the consumer. This may either create new insecurities, or reinforce old ones. It decreases self-esteem and leads people to believe that buying a certain product can make them appear as desirable as the people who sell it. People in advertisements are not only selling...
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...virginal state, Miss Mijares does so "with a mixture of shame and bitterness and guilt". The story's eroticism is heightened by the lyrical, almost cadenced language. (The eroticism is quite explicit for it's time, and the foregrounding of a woman's sexulity is also rather in advance of its time.) But the use of symbolism is a bit too obvious--the paperweight, the dream of being lost, the jeepney's detour, the storm. Miss Mijares is a dutiful daughter, sacrificing herself, in this case, for a sick mother, and becoming a spinster, a pathetic figure, her sternness of manner and abruptness of speech, disguise for an aching loneliness. Referring to her as "Miss Mijares" underlines her primmness, as well as her distance from the carpenter. She is slim and frail-looking, which contrasts with the carpenter's physical streghth and size. The carpenter has a certain grace, poise, confidence "walking with an economy of movement, graveful and light, a man who knew his body and used it well", which comes from being easy in his skin, which Miss Mijares, decidedly, is not. Miss Mijares' over reaction to the discovery that the carpenter has fathered a child by a woman he is not married to reveals the extent of her acquiescence to the system--moral, social, etc. Discovering that he has "feet of clay," she suddenly notices everything else that is wrong with him--his stupid grin, his defective teeth. In capitulating to her desire and her loneliness, does Miss Mijares triumped over the system in which...
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...target them with their products. They normally allude to the fact that in order to be like the people in the advertisement you must use their product. This is not a new approach, nor is it unique to this generation, but never before has it been as widely used as it is today. There is an old saying “ a picture is worth a thousand words” and what better way to tell someone about a product than with all one thousand words fitting on one page or a couple minutes commercial. Virginia Slims is a brand that was introduced in the late 1960s and marketed to young professional women using the slogan “You’ve come a long way baby.” Other Virginia Slims campaigns have used slogan such as “It’s a woman thing and “Find your voice.” These marketing and advertisement strategies were seen as linking smoking to women’s freedom, emancipation and empowerment. We selected one such advertisement to highlight this problem, and some techniques that were used to attract young women to buy this brand (Virginia Slims). The first technique that is evident in this advertisement...
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...state, Miss Mijares does so "with a mixture of shame and bitterness and guilt" The story's eroticism is heightened by the lyrical, almost cadenced language. (The eroticism is quite explicit for it's time, and the foregrounding of a woman's sexulity is also rather in advance of its time.) But the use of symbolism is a bit too obvious--the paperweight, the dream of being lost, the jeepney's detour, the storm. Miss Mijares is a dutiful daughter, sacrificing herself, in this case, for a sick mother, and becoming a spinster, a pathetic figure, her sternness of manner and abruptness of speech, disguise for an aching loneliness. Referring to her as "Miss Mijares" underlines her primmness, as well as her distance from the carpenter. She is slim and frail-looking, which contrasts with the carpenter's physical streghth and size. The carpenter has a certain grace, poise, confidence "walking with an economy of movement, graveful and light, a man who knew his body and used it well", which comes from being easy in his skin, which Miss Mijares, decidedly, is not. Miss Mijares' over reaction to the discovery that the carpenter has fathered a child by a woman he is not married to reveals the extent of her acquiescence to the system--moral, social, etc. Discovering that he has "feet of clay," she suddenly notices everything else that is wrong with him--his stupid grin, his defective teeth. In capitulating to her desire and her loneliness, does Miss Mijares triumped over the system...
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...Master in Management Organizational Behavior & Leadership Case #2: The Personality of Leaders The Personality of Carlos Ghosn: The $10 Billion Man Read the following dossier of article extracts and answer the final questions. 1.- “The $10 billion man” Feb 24th 2005, The Economist Having turned round Nissan, Carlos Ghosn is about to run Renault as well It is said that he could add $10 billion to the market value of Ford or General Motors with a stroke of his pen. But Carlos Ghosn is not about to sign up as chief executive of either firm. Instead, in May, he will become the boss of Renault, France 's second-largest carmaker, while continuing to head Nissan, Japan's number two car firm. To ease the transition, this week he named Toshiyuki Shiga as Nissan's chief operating officer. Although Renault and Nissan have cross-shareholdings and a deep alliance, their relationship deliberately stops well short of outright merger. Perhaps that is why it has been so successful, avoiding the integration pain that has marred, for instance, DaimlerBenz's takeover of Chrysler. In his book, “Shift: Inside Nissan's Historic Revival”, published in English last month, Mr Ghosn says that the strength of the alliance “can be found, on the one hand, in its respect for the identities of the two companies, and on the other, in the necessity of developing synergies.” Certainly the benefit has flowed both ways since the Franco -Japanese deal was done in 1999. First, Renault rescued...
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