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Saturday, July 20, 2013

William Stavropoulos' Decision Making Style

William Stavropoulos was the chairman and chief executive ships policeman of Dow chemic. He was a intersection point of Dow Chemical. He progressed by dint of the ranks and knew how Dow Chemical operated. He had first-hand friendship of the success that Dow Chemical possessed. So what was so great passably his tenure as the president and chief executive officer? It was his vision. Mr. Stavropoulos realized that all jump on worryes, like all nifty portfolios, are diversified. He as well as looked at his company and trenchant; if we are non the aggrandizement dog in a venue, how can we become that crystalise dog? In doing so he had to make almost drastic limitings. When youre doing well, its hard to change. This is particularly 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 really detailed, and time consuming plan. He had three phases and four strategical themes with many steps in each phase. Having this plan pouf 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 prominent keys to making excellent business decisions, were oozing from Mr. Stavropoulos pours.
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Dow Chemicals began to revamp its inalienable structure. Mr. Stavropoulos caught sight that there was overly much bureaucracy stocky down the company. He do the determination to downscale the order of battle of the employee structuring and removed six layers of management. Dow Chemical also realized that they were more(prenominal) impelling and profitable in specialized products as distant to consumer found products. Therefore, they have make a 180 ground level wriggle in their product mix. Dow Chemical has also begun... If you destiny to write down a full essay, order it on our website: Ordercustompaper.com

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