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Leadership Practice & Theory

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Leadership Practice & Theory
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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 various family members including son-in-laws and confidants. Each of his sons sits at the helm of a different company, which in their own right has added to the wealth of the family business. One unique aspect of the Slims’ is their ability to put everything aside and have Monday night dinner at the Casa de Slim. Everybody attends and participates in the conversations, which usually include a business lesson learned by Carlos from his father. Carlos’ empire includes insurance and telephone



Cited: Carlos Slim Biography -- Academy of Achievement.  Academy of Achievement Main Menu. Web. 15 Oct. 2010.  Carso, Inmobiliaria. ". Carlos Slim Helú ." Carlos Slim Helú. Web. 28 Nov. 2010.  Carlos Slim Helu & Family - Forbes.com." Forbes.com - Business News, Financial News, Stock Market Analysis, Technology & Global Headline News. Web. 15 Oct. 2010. Carlos Slim, the Richest Man in the World - Aug. 6, 2007. Business, Financial, Personal Finance News - CNNMoney.com. 06 Aug. 2007. Web. 01 Dec. 2010 Dolan, Kerry A. "New Larry King Show Debuts on Carlos Slim 's Online TV Network." Forbes. Forbes Magazine, 17 July 2012. Web. 30 Aug. 2012. Clinton Giustra Sustainable Growth Initiative." Clinton Foundation — Fundación Carlos Slim. N.p., n.d. Web. 30 Aug. 2012. Carlos Slim Helu. Carlos Slim Helu. N.p., n.d. Web. 04 Sept. 2012. Linear Programming: Introduction. Linear Programming: Introduction. N.p., n.d. Web. 8 Sept. 2012.

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