Wednesday, October 23, 2013

William Stavropoulos' Decision Making Style

William Stavropoulos was the president and chief executive ships military officer of Dow Chemical. He was a product of Dow Chemical. He progressed through the ranks and knew how Dow Chemical operated. He had first-hand noesis of the success that Dow Chemical possessed. So what was so great reasonably his tenure as the president and chief executive officer? It was his vision. Mr. Stavropoulos realized that all mature businesses, like all nifty portfolios, are diversified. He also looked at his company and distinct; if we are not the top dog in a venue, how can we become that top dog? In doing so he had to make some drastic shifts. When youre doing well, its hard to change. This is strangely true if youre being changed and youre not in charge of the change , as was the case for Dow Chemicals. They had a proven track record, so why change? William Stavropoulos brought a plan to the table. It was a rightfully detailed, and time consuming plan. He had three pha ses and four strategic themes with many steps in each phase. Having this plan lick up, helped him convince Dow Chemicals that he knew what he was doing and that they would profit from his plan. Preparation, dedication, and confidence, the three spectacular keys to making excellent business decisions, were oozing from Mr. Stavropoulos pours.
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Dow Chemicals began to revamp its essential structure. Mr. Stavropoulos caught sight that there was too much bureaucracy stocky down the company. He made the determination to downscale the emplacement of the employee structuring and removed six layers of management. Dow Chemical also reali zed that they were to a greater extent impe! lling and profitable in specialized products as hostile to consumer found products. Therefore, they have made a 180 story wriggle in their product mix. Dow Chemical has also begun... If you deprivation to write down a full essay, order it on our website: BestEssayCheap.com

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