...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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...“What Happened to the Monte-Carlo?” Ruth Grey ENC 1101 – Composition 1 February 10, 2010 What Happened to the Monte-Carlo? It was a sunny; warmth summer day, the sky was baby blue with the features of creamy white soft clouds. With the cool breeze blowing softly, the day was innocently inviting, so I went out for a ride. Father and dominant brothers were in the drive-way, worked strenuously on father’s broken red truck. “Oh shoot! What am I going to do now?” I silently questioned myself with one eyebrow slightly upwards. “How am I going to get to the Monte Carlo.?” I kept talking to myself as I tried to think of some tactic, to get pass father and brothers, to get to the monte carlo, parked on the street. “Where do you think, you’re going young lady?” My father asked as I was too focused on getting into the shining brown Monte Carlo. “Ahhhh! I’m getting Mama some ice cream.” The voice belonged to me as I hopped into the interior of the Monte carol and made my way to the store. That day, I was going north on Atlantic Ave in Long Beach, through a heavy street traffic. With music blasting as I yelled sang my lungs out, it was another typical short ride to the store. To ignore the fear of my father’s voice, when I cruised off the house, I went fast, too fast passing numerous cars, despite of the busy traffic as I drove down on Atlantic Ave towards my destination. One quick second, that’s all it takes for everything to go right or wrong. My dark brown eyes opened...
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...Fast is not free Fast speed in fashion is a defining characteristic of today’s textile and clothing industry. It’s about fast in production – tracking sales with electronic tills and just-in-time manufacturing which has now made it possible to turn a sample or design sketch into a finished product in as little as 12 days; and fast in consumption – a recent report revealed that people are buying one third more garments than four years ago fuelled by the rise and rise of ‘value’ retailers and supermarkets like Primark and Matalan. Yet super cheap, ‘value’ or fast fashion garments are no quicker to make or consume than any other garment. The fibre takes the same amount of time to grow regardless of a product’s speed to market (in the case of cotton, around a year). Likewise the fibre takes the same amount of time to be spun, knitted or woven, cleaned, bleached, dyed, printed, cut and sewn; and the activity of going shopping and laundering the garment takes the same amount of time regardless of how speedily a design makes it from catwalk to high street retailer. Fast fashion is not really about speed; it is about selling more goods and making more money. Time is just one of the factors of production along with labour, capital and natural resources that get juggled and squeezed in the pursuit of maximum profits. But fast is not free. Short lead times and cheap garments are only made possible by the exploitation of labour and natural resources. Yet it doesn’t have to be this way...
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...I-Carlos Ghosn’s Management Style Carlos Ghosn, clearly an extraordinary man with an impressive list of accomplishments already under his belt at a relatively young age. But what is it exactly about his management style that makes him stand-out from other leaders, why is it that so much attention has been showered onto him? In the first part of this report that is exactly what we will try to uncover. Ghosn truly does have a unique management style, one that is perfectly suited to today’s global economic reality. In our view the following management practices are the ones that have been integral to the success of not only Ghosn’s turnaround of Nissan but also in his previous accomplishments at Michelin and Renault: Adaptability What really strikes you as you read and learn more and more about Ghosn is that he truly does not have any preconceptions or stereotypes. Whether he is facing a new and unknown country and culture or a situation within a company, Ghosn’s approach is what he calls “a clean sheet of paper.” What Ghosn has been able to do so well is transcend what Peter M. Senge describes as “Mental Models” in his article The Fifth Discipline: The Art & Practice of the Learning Organization. As we have seen in the Senge’s article whenever you limit yourself to your Mental Models you reduce you ability to react effectively to changes in the environment. Senge uses the example of oil companies unable to effectively deal with changes in market conditions...
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...1.A CARLOS BULOSAN FILM Present 2.When I was four my family live in a small town. 3. We had a rich next-door neighborhood whose son and daughters seldom came out of the house 4. When our rich neighbor cook, we hung about and look all the wonderful smell of the food into our beings. 5. We were always in the best of spirits and our laughter was contagious, laughing was only our wealth. 6. As time went on, the rich man’s children became thin and anemic while we grew even more robust and full of energy. 7. From that day on, windows of our neighbor’s were closed. 8. One morning a policeman came to our house with a sealed paper. The rich man filled a complaint against us. 9. when the day came for us to appear in court, father brushed, father brushed his old army uniform and borrowed a pair of shoes from one of my brothers. 10. The rich man opened his mouth to speak and fell to the floor without a sound. 11. the lawyer rushed to his aid. The judge pounded his gravel. 12. CASE DISSMISSED CAST OF CHARACTERS POOR MAN . . . . . . . . Rhian Joseph Polaron RICH MAN. . . . . . . . . . . Ralph Yvan Sabornizo POOR MAN’s WIFE. . . . RICH MAN’s WIFE. . . . . Ellain Grace Bellin POOR MAN’s SON. . . . Glenn Elix Bernardo POOR MAN’s Daughters. . . . . Rodesa flor Baldemor Ivy Joy Espada Kenneth Talaron Khizna Mae Castroverde Mary Lord Molina RICH MAN’s SON. . . . . . . . . . . Ivan John Pinuela RICH MAN’S DAUGHTERS. . . . . Catlene...
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...Writing and healing Stacy Marvin My life When I think back on the life I have had, no one can take my memories away. The time I had in Florida with my soul mate, my best friend was irreplaceable to me. I cannot even explain how much I have learned from my life, the good and the bad. I want to share something with you from my past but also more recent. Here is one of my childhood memories along with one of the most heartbreaking ones that only happened on June 11, 2013. The sound of the engine revving up as I hit ninety around the twists and turns of the curvy road was the best adrenaline rush I ever had in my life. I was eleven years old and driving my dad’s brand new SS Monte Carlo. Heading to pick up my best friend Debbie. The roads were wet with the rain from earlier on that day. I turned down this dead end road and we started jamming to the music we cranked up a few minutes earlier. We did not see the curve in the road and I lost control of the car and ended up off an embankment that went down to the old railroad tracks. This cliff as I call it, used to have trains running through it, but then was just a rock quarry. Debbie and I both screamed as we skidded and lost control of the car and everything went silent. We were hanging off the edge, afraid to move. We just knew this was it for us, we told each other the final words we thought we would ever hear,( I love you my friend, you mean the world to me, I am glad you are here with me and she said the...
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...found 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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...Narrative Writing Car accidents Lisa Daniels Everest University Car accidents happen every day to innocent people, yet they are the victims. I think if everyone slowed down and cut out the distractions, pay attention to the road maybe less accidents would occur. I was in a really bad car accident when I was 17. It was a late night and I was heading to pick up and friend. I was driving a 1978 Monte Carlo. I was making a left hand turn, as I was doing so the light changed to red, and the guy that was heading towards me ran that light and hit me on the passenger side door. My left side of my head hit the driver’s side window, all of the impact from him hitting me jotted me out the passenger window, my car was on one side of the road on the side walk and I lying on the opposite side of the road on the sidewalk. Angel’s must have been with me that night. I was in a coma; my forehead was stitched up with 150 stitches. The first voice I heard was my mom’s asking how I was doing, I then heard the doctor tell my mom I may not make it. I was so happy to see my mom! I didn’t know who I was, where I was, or what happened to me but I recognized my mom right away. I am blessed to be alive!! I have been in 6 car accidents, but I only caused one. Remembering to pay attention to your surroundings and cutting out distractions while driving, turning the music down to hear the ambulance and police will help you to concentrate on the road. Phone calls, texts, yelling in the car...
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...Case study: Leading a Global Organization This paper will evaluate Carlos Ghosn’s approach to turning Nissan around from his appointment of COO at a very critical time in Nissan’s history. After many years of success, Nissan began facing difficulties in the 90s and Carlos Ghosn was invited to help turn the organization around. Both national and organizational culture was very strong in Nissan and made changes difficult, but Ghosn’s management style enabled him to implement the Nissan revival plan (NRP), which turned the company around to profitability. Background The case revolves around Nissan and its management. The company was established in 1933 under a different name, but quickly changed to Nissan Motor Co. Ltd. Following the Second World War, Nissan expanded its operations around the world and grew steadily. By 1991 Nissan was highly profitable and had four out of the top ten cars in the world. The success didn’t last though. In the years 1993-1999 Nissan had seven consecutive years of losses and credit rating services were threating to lower their status from “investment grade” to “junk”. Part of the problem was the managerial decision to emphasize short-tem market share growth rather than long-term success. Inspired by local Japanese culture and customs, especially keiretsu, Nissan invested heavily in suppliers. This was done to encourage loyalty and cooperation between members of their value chain. Unfortunately, the Asian financial ended up devaluating...
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..."Leading Change – Carlos Ghosn at Michelin, Renault, and Nissan Motors" case is an example of how one person was able to turn around three different companies from the brink of failure, and implement change through effective leadership. Carlos Ghosn exemplified strong leadership through three interrelated notions, one, affecting the behaviors of others, two, mobilizing employees to encourage commitment, and three, by mobilizing adaptive behaviors. His success can be attributed through the five core tasks that are the “heart of effective change leadership.” Those core tasks are to develop, and communicate purpose, establish demanding performance goals, enable upward communication, forge an emotional bond between employees and the organization, and develop future change leadership. This paper will explore how Ghosn used the five tasks of change leadership to revitalize Michelin, Renault, and Nissan Motors. One of the first strategies Ghosn established was to get all employees to work towards the same common goal. Within each of the companies mentioned above, he developed cross-functional teams. Cross-functional teams allow people from a diverse group to exchange information to solve problems. Michelin-South American personnel had two groups from different cultural backgrounds-French and Brazilian employees. He believed by creating cross-functional teams, it would create teamwork to re-energize employees to work together. He stated, “a cross-functional team was fundamental...
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...quality to be released to the customer, or should be sentenced for scrap or rework due to poor quality. In this case, the batch is the population. Although the population of interest often consists of physical objects, sometimes we need to sample over time, space, or some combination of these dimensions. For instance, an investigation of supermarket staffing could examine checkout line length at various times, or a study on endangered penguins might aim to understand their usage of various hunting grounds over time. For the time dimension, the focus may be on periods or discrete occasions. In other cases, our 'population' may be even less tangible. For example, Joseph Jagger studied the behaviour of roulette wheels at a casino in Monte Carlo, and used this to identify a biased wheel. In this case, the 'population' Jagger wanted to investigate was the overall behaviour of the wheel (i.e. the probability distribution of its results over infinitely many trials), while his 'sample' was formed from observed results from that wheel. Similar considerations arise when taking repeated measurements of some physical characteristic such as the electrical conductivity of copper. This situation often arises when we seek...
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...Honda has assigned a woman, Kunii to its board for the first time and given a major promotion to a foreigner in a sign the automaker wants to change perceptions of a hidebound corporate culture. Honda Motor Co. announced Monday that technology expert Hideko Kunii, 66, will join the board, and Issao Mizoguchi, a Brazilian of Japanese ancestry, has been appointed operating officer. These appointments require shareholder approval at the June meeting of the establishment. The company has come under fire in Japan does not advocate any person other than Japanese men. Honda officials clearly stated that Kunii was chosen is because her’s ability and she is the right person but not because of the gender issue. Among Japanese companies, Nissan Motor Co., allied with Renault SA of France, has been the most progressive in promoting diversity. However, this has not yet appointed a woman to its board of directors. Placing women in leadership positions is a motive of Prime Minister Shinzo Abe's policies to rescue the moribund Japanese economy. Japanese society is expected to lose its potential for growth and innovation, if it does not do more to encourage women to enter the labour market, because its population is aging and shrinking. This is because Japanese is a high masculine culture country which the society is driven by competition, achievement and success, with success being defined by the winner in field. This culture make women hard to climb up the corporate ladders in Japan with their...
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...Entrepreneurial Leadership The French novelist Honore de Balzac was once quoted as saying, “Behind every great fortune lies a great crime.” In today’s economic world, it is easy for one to see the greater emphasis placed on profitability and the bottom line of an organization. However, upon further analysis, it is easy to see how profits and priorities don’t have to be mutually exclusive 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...
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...History: The Five Families of the New York Mafia Since the1920’s the five Italian/Sicilian-American crime families which include the Colombo’s, the Genovese’s, the Bonanno’s, the Gambino’s, and the Lucchese’s have been dominating New York’s organized crime. Each family has their own unique story about how each family made its way to becoming one of the top Five Families in the mafia. We will be taking a journey and learning the history behind each crime family, from what part of New York they controlled to who controlled each family during that time period, and who currently runs the mafia present day. Before going into the histories of each of these families, below is a hierarchy chart of the organized crime. You will need this to understand how the families were structured, and names that were associated with their titles. Boss: Also known as the “Don”. Has total control over the entire family. Underboss: They are second in command of the family; they give orders usually that comes from the Boss. Consigliere: The family advisor, sometimes they’re professional attorneys. Capo: They are captains or lieutenants; they are in charge of the soldiers and associates. Soldiers: They are the ones that do all the dirty work; they take orders from the Capo’s, and sometimes the Underboss. Associates: Are soldiers who haven’t been a “made man” yet. ------------------------------------------------- The Colombo Crime Family The Colombo crime family was formerly...
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...Emmett Ward 4/29/11 Mrs. Gardner Carlos Fuentes Carlos Fuentes is a Mexican writer and one of the best-known living novelists in Spanish-speaking world. He influenced contemporary Latin American literature in a major way. Fuentes was born in Panama City. He spent his childhood in many American cities. He studied law at the University of Mexico. Fuentes has taught courses at Brown, Princeton, Harvard, the University of Pennsylvania, Columbia, Cambridge, and George Mason University. He is currently teaching at Brown University. He is also a friend to the U.S. sociologist C. Wright Mills; he dedicated his book The Death of Artemio Cruz. Fuentes has three children. A Daughter, Cecilia Fuentes Macedo, born in 1962, now working in television production. A son, Carlos Fuentes Lemus, died from hemophilia at the age of 25. A daughter, Natasha Fuentes Lemus, died of a drug overdose at the age of 30.When he was 30 years old Fuentes published his first novel, La región más transparente, which is a classic. It was a classic because not only for its prose, but also by having a metropolis, Mexico City, as its main character. The novel provides insight into Mexican culture also. Fuentes has gotten a ridiculous amount of literary awards, including the Cervantes Prize in 1987. Fuentes' major works include: Where the Air is Clearer (1958); The Death of Artemio Cruz (1962); A Change of Skin (1967); Terra Nostra (1975); The Hydra Head (1978);The Old Gringo (1985); and The...
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