"William Stavropoulos": The Successful decision making styles of the CEO of Dow Chemical Corporation, William Stavropoulos.

Dow Chemical Corporation is the fifth largest chemical company in the world. In recent years the company has undergone massive restructuring in an effort to become even more productive and silky than ever before. William Stavropoulos, president and chief executive officer, is the singular individual most responsible. This annul allow focus on what type of decision-making style that Mr. Stravropoulos embraced as he built his legacy in Dows history. This essay lead also describe how Mr. Stavropoulos relates the impact of those decisions to Dows corporate structure. The information in this essay is from a collection of existing data and in person observation. Before examining his decision making style, it is important to look at a few of the bold choices that he and his team belt along made for Dow, and how those choices impacted the company. In an article entitled Dow Chemicals CEO William Stavropoulos on structure and decision making, author Richard Hodgets quotes fr om his extensive question with the Dow CEO. When asked what types of decisions he has made in recent years, Mr. Stavropoulos answered: we examined all of our products and our businesses and we asked: Where atomic number 18 our intact strengths? Where can we be world leaders, either today or two or three years from flat?

afterwards gathering all the related data, they began to realize that early(a) competitors already too heavily dominated certain areas of their topical market. Because of this, they proceeded to rifle over $10 billion of business as garbs and send the capitol into areas that would fail co mpliment Dows chances for success. The stra! tegy behind the restructuring was designed to set standards for all(prenominal) business, increase productivity, change the corporate culture to better stick the strategy, and promote overall growth. Over $2.7 billion in make up were cut during this transformation. Though these changes required many... If you want to get a full essay, order it on our website: OrderCustomPaper.com

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