FROM SALES REP TO CEO Anne Mulcahy did not plan to be a business leader. She graduated from Marymount College with a BA degree in English and Journalism. She wanted to be an editor like her Father. Instead‚ her Brother convinced her to go to work for Xerox. Anne began working for Xerox in 1976 as a field sales representative. Over the years‚ she worked her way up the corporate ladder until in 2001 she became the first woman CEO of the company. When Anne became Xerox’s CEO in 2001‚ the company was
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CASE #1: Anne Mulcahy – Xerox CEO David Rieker Anne Mulcahy was an employee of Xerox for 24 years that she spent within Sales‚ Human Resources and served as the chief of staff for former CEO‚ Paul Allaire. At 47 years old‚ all of that changed when Mulcahy took over as the CEO of Xerox. She had an excellent reputation within the company but nobody‚ not even herself‚ had pinned her as the CEO type. Many companies still believe in the old adage‚ that the CEO has to be a strong willed male
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Behind the scenes of a great turnaround In Dean’s Innovative Leader Series presentation‚ Xerox Chairman and CEO Anne Mulcahy reveals leadership strategies that helped resuscitate the historic company As the chairman and CEO of Xerox‚ Anne Mulcahy was largely responsible for orchestrating what Money magazine called “the great turnaround story of the post-crash era.” By keeping the company steadfastly focused on customers and employees‚ she was able to lead Xerox away from the brink of collapse
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President and Chief Operating Officer in 2000 And President of Xerox’s General Markets Operations She thought she had already reached her goal‚ seeing as there didn’t look like much opportunity for her to become the CEO‚ when at the end of 2001 she was surprised to be rewarded with the CEO of Xerox offer. First Female Chairman in 2002 Main Accomplishment: Restructured Xerox finances by cutting annual expenses by over 1.7 billion dollars‚ removed over 25‚000 unnecessary jobs‚ and sold more than
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Case 1 MGMT 6150 Anne Mulcahy‚ Xerox CEO Fall 2013 Prepared by: H. Prepared for: Dr. Margaret M. Hopkins 09/10/2013 Fiedler’s Contingency Model: The Contingency Model that was developed by Fiedler’s and his associates was aimed to link the leadership style with the situation and circumstances surrounding each leader. (The Leadership Experience. p.68). Now will try to assess the leadership style of Anne Mulcahy to test the extent to which she was a relationship-oriented leader or a
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CEO Compensation As Murphy (1998) rightly points out‚ CEO compensation has become one of the most debated issues in the recent past. A lot of research in this field has been conducted to determine the relationship between CEO pay levels with the corporate performance‚ firm size‚ board vigilance‚ CEO’s human capital‚ tenure & age. But the results of these researches are not very hopeful and have yielded conflicting results. This review aims at understanding these relationships and also tries
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| CEO Compensation | | Introduction Recently CEO compensation packages have high rocketed making many people question the validity of their compensation. Many questions have been risen to find out if CEO compensation if excessive. Through this paper we will discuss why we feel CEOs in America are grossly overpaid. We will start off by talking about the ethics on the matter and then the pay-performance connection within organizations. We will also touch on the real wages of employees and how
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strategic leadership‚ managing change and even capital markets. CEO is one of the most coveted and least understood job in world. Everyone aspires to get the top job‚ as people believe CEO is a fusion of power and money. By the nature of jobs description‚ CEO is supposed to meet the needs and expectations of various stakeholders. People perceive CEOs life is easier and simpler than any other employer in the company just because the CEO has to just pass orders to his employees and then the employees
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What are some advantages and disadvantages of being in the CEO position? (chapter:8 Q:2) Being in the position of the Chief Executive Officer shows that people trust you and that you know what your business is about. I think one of the biggest advantages is that you actually have to say something and that you are in a position where employees as well as customers listen to your statements and opinions. Being in this position also retains you certain decision making capabilities that you can use
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INTERVIEW 1/- During operating process of NIPPOVINA company for years‚ have you ever faced with the business ethical dilemma? Yes‚ a lot. Because launching business means making profit as much as possible while still manage to responsible for those strict environmental and human standards. Therefore‚ many conflicts occur day by day‚ making me so frustrated. 2/-In your opinion‚ how to resolve these issues in a best way? I think there aren’t any best ways to resolve the problem‚ there is only a
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