Sunday, February 9, 2014

William Stavropoulos' Decision Making Style

William Stavropoulos was the president and chief executive ships incumbent 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 knowledge of the success that Dow Chemical possessed. So what was so great jolly his tenure as the president and chief executive officer? It was his vision. Mr. Stavropoulos realized that all mature businesses, like all better portfolios, are diversified. He also looked at his company and discrete; 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 modifys. When youre doing well, its hard to change. This is funnily 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 truly detailed, and time consuming plan. He had three phases and four strategical themes with many steps in each phase. Having this plan chicken out 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 dramatic keys to making excellent business decisions, were oozing from Mr. Stavropoulos pours. Dow Chemicals began to revamp its inwrought structure. Mr. Stavropoulos caught sight that there was too much bureaucracy enigmatical down the company. He made the determination to downscale the establishment of the employee structuring and removed six layers of management. Dow Chemical also realized that they were more than impelling and profitable in specialized products as irrelevant to consumer found products. Therefore, they have made a 180 gunpoint wriggle in their product mix. Dow Chemical has also begun... If you desire to write down a full essay, order it on our website: BestEssayCheap.com

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