Preview

Carlos Ghosn - Personal Profile

Satisfactory Essays
Open Document
Open Document
281 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Carlos Ghosn - Personal Profile
English Candidate Examination
Term I Carlos Ghosn - personal profile

Actual Length: approx. 255 words
Submitted: 23.11.2012

Renowned for his transparency, listening and analytical skills, Carlos Ghosn successfully leads an automative alliance operating on three continents despite all the production issues, personnel challenges, and currency fluctuations.
Successful people in every field are often said to be "blessed with talent" or even just lucky. But the truth is, many work harder than the average person can even imagine.
Carlos Ghosn runs two of the world's largest automakers, which tells something about his work ethic. Ghosn works more than 65 hours a week, spends 48 hours a month in the air, and flies more than 150,000 miles a year.
In May 2005, Mr. Ghosn became the president and CEO of Renault S.A. in addition to his current responsibilities at Nissan. As head of the Renault-Nissan Alliance, Mr. Ghosn is responsible for two separate companies with combined annual global sales of 6.1 million vehicles.
Carlos Ghosn shook things up: he changed the structure, performance measurement, and incentive systems in his part of the business. He introduced the concept of "transversal work," creating 12 cross-functional teams, each charged with specific cost-reduction and quality-improvement objectives, with representatives from engineering, purchasing, and manufacturing present on every team.
But perhaps the greatest payoff came when the French company acquired controlling interest in Japan's Nissan Motor Company. His turnaround of Nissan led to profitability in less than 18 months and enabled to achieve the best financial performance in the company’s history. Nissan became the car manufacturer that grew the most, not only in growth rate but in absolute numbers

You May Also Find These Documents Helpful

  • Good Essays

    GM’s vision and main focus is to achieve a healthier margin and profit. Although this vision may not be very easy to attain, is a very realistic one. In spite of the fact that it seemed to be a “once-unthinkable” goal, GM reported its highest-ever net income of about $8 billion in 2011. This was a massive increase from the previous year’s net income of $4.7 billion, and was in accordance with its vision of achieving higher profit. A short while after that, GM also released figures of its global sales, which showed its reclaim of the ‘world's largest auto maker’ title from its rival, Toyota. Based on these facts, I…

    • 1039 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    For example in my other reading response the singer g-easy started off with nothing working as a clean for a restaurant but through his determination and perseverance he accomplished his goal of becoming rich and famous.take Manny Pacquiao for example he began his life trouble childhood and family life but with hard work and determi9nation he ending up advancing in a professional boxing career wining 54-3 of his fight and being the second most paid athlete in the…

    • 468 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    A lot of people misunderstand what leads to success. Success is more than just being able to fill your bank account with loads of money, it’s about being satisfied with the lifestyle that you have. Of course having money makes you happy, but it can’t buy happiness, love, respect, or even trust. Everyone is born with their own unique talents and is better at a specific skill compared to…

    • 726 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Outliers Analysis

    • 1553 Words
    • 7 Pages

    In the book Outliers author Malcolm Greenwell talks about a variety of topics that deal with how success is obtained by individuals who are blessed to have many different opportunities. They range from a school designed for students to excel, to being financially wealthy, or even being in the right place at the right time. Many different types of examples of people who found success through opportunities laid out in front of them are discussed in Outliers. From a man who was Jewish and just happened to be born in a location where lawyers were scarce, to hockey players who were born just after the cut off dates, Gladwell describes types of advantages and how these opportunities sparked success for these people. He also talks about how success is also derived from hard work and putting in the time to master a particular trade or skill. A theory of putting in ten thousand hours is discussed as the way to become an expert. This way of thinking is actually a very intelligent one due to the fact that to achieve greatness at the highest level it only makes sense that one would have to work the hardest. As Gladwell states, “The people at the top don’t work just harder or even much harder than everyone else. They work much, much harder” (Gladwell 39). This is a great statement that shows how while luck and good fortune is never a bad thing, hard work and taking advantage of opportunities is what separates the ordinary from the extraordinary. While outworking the competition is a very important aspect, having and taking advantage of opportunities is just as important to achieving success.…

    • 1553 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    In 2008, the company was transitioned to a new CEO. Laurent Auguste who had worked in Japan previously needed a winning strategy with a very high goal of increased revenue. Successful implementation of this strategy was planned through the balanced scorecard process.…

    • 440 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    “Let me tell you what winning means… you’re willing to go longer, work harder, give more than anyone else.”(Lombardi). The famous NFL coach, Vince Lombardi agrees that hard work will lead people to accomplishing their goals, just like how Malcolm Gladwell points it out in his book, Outliers and Paul Tough who wrote in an article for the New York Times. Tadas Bartkus who is an engineer, researcher on jet engine icing for NASA and he has also discovered what it means to be successful, and that’s hard work. Success is as complex as the individuals that achieve it, because every person on this earth as their own mindset, dreams that they want to accomplish, and that every person has their own idea what success really is, it’s a combination of a variety of factors, including hard work,…

    • 1659 Words
    • 7 Pages
    Better Essays
  • Good Essays

    While some people equate having wealth and power as being successful, that is often not the case. Although earning and having money is an important aspect of our economy and existence, earning large sums of money is not an accurate way of measuring nor determining if a person is successful or not. Those who find true satisfaction in life, regardless of their wealth or social status, are the ones who have reached true success. As put into words by award-winning author Maya Angelou, "success is liking yourself, liking what you do, and liking how you do it." True success is achieved when an individual has reached a point in their life where their goals and achievements are meaningful and…

    • 457 Words
    • 2 Pages
    Good Essays
  • Good Essays

    After a while, it is almost difficult to disagree with this notion. We hear countless "rags to riches" stories and are constantly bombarded with an onslaught of "you can be anything if you try hard enough". Hearing this, one wants to believe that through hard work you can prosper. However, these stories are few and far between. Of course, you have to work hard to do well, but that's not all there is to it.…

    • 1093 Words
    • 5 Pages
    Good Essays
  • Better Essays

    One of Sergio’s early efforts was to transform the company from one that made large gas guzzling vehicles to one that made more energy efficient ones. He wanted to work closely with the engineers and managers that made the operational decisions and organizational design issues (DubBrin,…

    • 1302 Words
    • 6 Pages
    Better Essays
  • Good Essays

    harvard

    • 572 Words
    • 3 Pages

    of the company and allowed for changes that focused on the complete company growing stronger as a…

    • 572 Words
    • 3 Pages
    Good Essays
  • Good Essays

    This paper examines Nissan and LG organizational structures. Each firm has developed its own successful structures and led their respective areas of expertise because of it. The two firms that I have chosen to examine are Nissan Motor Company and LG Electronics. Both have dynamic CEO’s that have reorganized the structures of both companies in order to remove waste and inefficient work practices. The Nissan Motor Company designs and engineer engines and cars all over the world. The LG Company has four separate internal companies that sell chemicals, electronics, telecommunication and services. According to W Chan Kim, Renee Mauborgne (2005), LG formed a blue strategy and explained that “A company is not only top management, nor is it only middle management. A company is everyone from the top to the front lines. And it is only when all the members of an organization are aligned around a strategy and support it, for better or for worse that a company stands apart as a great and consistent executor. Overcoming the organizational hurdles to strategy execution is an important step toward that end. It removes the roadblocks that can put a halt to even the best of strategies.” In addition, to achieve an ideal management base, LGE was carrying out the Six Sigma Campaign. In January 2006, the company launched “Blue Ocean10 Management” campaigning to be one among the top 3 Electronics, Chemical, and Telecommunications firms in the world by 2010. According to Gary Witzenburg (2003), CEO of Nissan Motor Company Carlos Ghosen would take the helm of the company in 1999 and restructure from top down. Carlos Ghosen bought with him from Renault about 25 people, but probably no more than 15 were experts and…

    • 1099 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Your childhood dreams come true? Do you want to be successful and wealthy in the future? Do you think how many percentage of success if you live in a country where there are not many opportunities for you? That country is America, where you can success in the future, get a better life, and do everything that you are thinking of. America is the land of opportunity, because you will study in a country with the world’s best education, a lot of opportunities to earn a lot of money, and where you can develop your skills as good as you want and nobody can push you down.…

    • 852 Words
    • 4 Pages
    Good Essays
  • Good Essays

    successful in what they do. In my essay, I have proven that adversity brings out the talents and…

    • 279 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Definition Of Success

    • 291 Words
    • 2 Pages

    Success is recognition for some people and recognition comes with good work. They may not have earned money but they have earned respect. An example of this would be Mahatma Gandhi or Mother Teresa, people see them as successful not because they earned a lot of money but because they were recognized for their good work. Another example is Dalai Lama, he is not rich but he is successful.…

    • 291 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    own of second largest car company in Japan namely Renault. Before joining Carlos, Nissan was…

    • 2149 Words
    • 9 Pages
    Better Essays